VOL. XLVII

No 12

22-March-2004

MOROCCO

Vanco To Start Drilling At Ras Tefelney Permit Offshore Morocco

Vanco Energy has announced that it has agreed to start drilling on the Ras Tefelney permit offshore Morocco. Under the terms of the agreement, partner Eni will provide the state-of-the-art Saipem 10,000 drillship to drill one of several 3D seismic identified prospects. The Ras Tafelney partnership comprises Vanco Morocco (45% operator), Eni Morocco (30%), and ONAREP (25%). The partnership will...