TAO-1 Ready to Spud Offshore Morocco

Wednesday, March 26, 2014

Tangiers Petroleum revealed that the site survey has been completed at the location of the TAO-1 well offshore Morocco. The survey revealed that the site is compatible for the use of a jack-up rig.

A novation agreement has been entered into by Galp Energia on behalf of the JV partners to secure access to the Ralph Coffman Drilling Unit to undertake exploration drilling on the Tarfaya Block.

The exploration well TAO-1 is scheduled to spud 2Q 2014 and will optimally test the Trident Prospect.

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