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Monday, June 29, 2015
Circle Oil updated its operations on the LAM-1 well on the Lalla Mimouna Permit onshore Morocco. The LAM-1, the first well drilled by Circle on the permit, is targeting the Miocene gas-bearing sands similar to those found on the company’s Sebou Permit.
Total depth for the LAM-1 was reached on May 26, with prospective gas zones logged and a completion string installed. The well was tested using a slick-line unit. The primary target was perforated at 1,261-1,272 meters and flowed gas at a stabilized rate of 1.9 Mmscf/d and the secondary target was perforated at 1,181-1,183 meters MD and flowed at a stabilized rate of 1.1 Mmscf/d.
The rig has been mobilized to drill the ANS-2 well, the second well of Circle’s drilling campaign on Lalla Mimouna, located on the northern flank of the East-West trending Anasba ridge. This well has a primary target for Miocene gas-bearing sands at 1,007 meters MD and prognosed TD at 1,062 meters MD.
Depending on progress rates on the ANS-2, initial results could be available in approximately 20 days.
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