Petroleum Africa
Find us on: 
Monday, July 28, 2014
Maxim Resources received the Reconnaissance Concession Authorization (RCA) for the Hassi Berkane Block in Morocco. Maxim and ONHYM submitted an application to the Ministry of Energy, Mines, Water and Environment of Morocco for a RCA in order to conduct the research needed to meet the requirements of the contract with ONHYM as previously announced on June 23.
The RCA is required in order to conduct exploration and review works. Maxim is contemplating conducting geological, geochemical, and geophysical surveys as well as a geotechnical review of already existing data. This work will be completed within about four months at which point Maxim will assess the results and choose its next steps in conjunction with ONHYM.
The RCA provided by the Ministry is granted for a one-year period and is exclusive and may be extended for several periods of one year if needed. The results of the exploration and reconnaissance works are released to the Ministry and ONHYM for review. With a successful review of the data Maxim, in conjunction with ONHYM, will have the right to obtain an exploration permit from the ministry for some or all of the Hassi Berkane Concession.
Art Brown, CEO and president of Maxim stated; “Maxim is pleased to now be able to move forward with Stage 1 of our reconnaissance works on Hassi Berkane. While trying to complete this works at the earliest, we are continuing to review further projects and opportunities as well.”
" alt="First LNG Realized at the Greater Tortue Ahmeyim Project">
" alt="United Energy Acquires Western Desert Producer APEX">
" alt="Baker Hughes Announces Major Gas Technology Orders for Venture Global LNG">
" alt="ReconAfrica: Naingopo Results Demonstrate a Working Petroleum System">
" alt="Tullow Highlights 2025 Operational Plans in Ghana">
" alt="TotalEnergies to Supply 1.5 TWh to STMicroelectronics in France Over 15 years">
" alt="Rockhopper Reaches Final Settlement with United on Egypt’s Abu Sennan Concession">
" alt="Oil & Gas Crucial for African Growth: AEC Calls for Industry Support to Defend African Market">
