Continental Focus, International Reach

Gulfsands Resumes Moroccan Drilling

Monday, June 23, 2014

Gulfsands Petroleum has resumed drilling operations in Morocco. The company said that drilling operations on the Rharb Center Permit saw a restart using the COFOR SAS Cabot 750 rig. The well being drilled is the Lalla Yetou Updip-1 gas exploration well (LTU-1), which was selected based on interpretation of the Rharb 3D seismic survey data acquired in 2013.

The LTU-1 is designed to be drilled to a total vertical depth of approximately 1,180 meters, and will evaluate predicted Miocene aged sandstone reservoirs contained within a fault bound structural closure that have been identified from 3D seismic data as having the potential to be gas bearing. LTU-1 is located up dip structurally from a previous well Lalla Yetou-3 that found gas bearing sands.

The company expects that drilling operations at LTU-1 will be completed within 28 days.

Mahdi Sajjad, the company’s CEO commented: “We are very pleased that the company has re-commenced drilling operations in Morocco and we look forward to seeing the results of this next well.”


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