Middle East Economic Survey

VOL. LII

No 8

23-Feb-2009

morocco

Circle Oil Makes Third Gas Discovery In Northern Morocco

AIM-listed Circle Oil announced on 16 February its third gas discovery since November in the Rharb Basin in northern Morocco, in spite of severe flooding in the area that has made working conditions extremely difficult. The KSR-8 well was drilled at the Sebou exploration permit to more than 1,850ms, and tested two zones in the Upper and Main Hoot formations, with net pay of 2.5ms...