VOL. XLVII

No 11

15-March-2004

MOROCCO

North American Independents Win Two Offshore Blocks In Morocco

Moroccos ONAREP has awarded two offshore blocks to a consortium of North American independents comprising Canadian Stratic Energy (36%) and US-based companies Heyco International (39%) and Enercorp (25%). The two contiguous concessions, the Moulay Bousselham and Mamora permits, encompass a total area of 4,000 sq km and are located north-east of the capital, Rabat, and border the coastal area. The...