Morocco Set For Record 2013 Drilling As Genel Expands
Anglo-Turkish Genel Energy has acquired its second block since August offshore southern Morocco. Drilling here is set to soar next year as cash-rich larger independents, eyeing an extension of West African geology, snap up minnows’ stakes.
Moroccan state firm ONHYM on 21 November awarded Genel a 75% operator’s stake in the Mir Left Block. ONHYM will retain 25%, with the award subject to...