
Thursday, August 28, 2014
Circle Oil is in the midst of its third drilling campaign in the Sebou permit and the first campaign in the Lalla Mimouna permit, both in Morocco. The company’s latest well, the CGD-12, has just spud on the Sebou permit. The CGD-12 is the second well in the drilling campaign.
The 12 locations initially chosen for the campaign are targeting accumulations similar to the existing producing geological intervals in the Sebou permit. This second well will test a dipping fault bounded sand lens at 1,021 meters MD in the Guebbas Formation within which many of the previous discoveries have been successfully drilled. Depending on progress rates the well is expected to take approx. 30 – 35 days to drill.
Circle also said that its production in Sebou is continuing at 6.8-7 Mmscf/d gross.
Prof Chris Green, CEO, said: “Circle is very pleased to announce the start-up of our second well in the third drilling campaign in Morocco. We again thank our partner Onhym for its continuing support and assistance as we continue our joint work program.”