Petroleum Africa
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Wednesday, November 27, 2013
First Sahara Energy Inc.’s management and technical consultants have been involved in ongoing discussions with officials in Morocco’s Ministry of Energy & Mines, ONHYM. The company made three visits to the North African country to meet with the state-run firm’s technical team culminating in an in-depth evaluation of 14 available blocks of oil and gas properties.
As a result of this work, First Sahara has narrowed down its evaluation and has commenced formal negotiations for a reconnaissance license work program on a large block of onshore acreage.
The parties expect these negotiations to reach a conclusion shortly.
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