el jadida
el jadida/mazagan beach
Key Facts
Resources (100% values): Circle Oil estimates unrisked 62 bcf (based on first 6 large 2D seismic anomalies mapped on seismic)
Upside potential for unrisked 112-215 bcf in place (Circle Oil estimate)
3D seismic to be shot & interpreted 2011
Drill prospects planned to start 2012(3rd campaign)
The Lalla Mimouna Permits, "Lalla Mimouna Nord" and "Lalla Mimouna Sud" are combined to form the Lalla Mimouna Concession, like Sebou and Oulad N’Zala, situated in the Rharb Basin. The Permits covers an area that is a continuation of the same Tertiary geology and is a similar exploration play to the adjacent COML operated Sebou Permit.
Our plans
COML has agreed to carry out an initial targeted 80 sq km 3D seismic survey to assist in the assessment and ranking of prospects already identified in the area and to assess any newly identified prospects. This survey is currently underway with a view to providing data for planning the next and as part of the anticipated third drilling campaign across Circle’s Rharb Permits. The agreement covering the Lalla Mimouna Permits requires the completion of a minimum two well programme in the first three years of the permits. The addition of Lalla Mimouna offers Circle Oil a greater opportunity to further explore for, and if successful, exploit more natural gas accumulations within the Rharb Basin. Future drilling programmes will cover prospects across both the Sebou permit and the more recently added Lalla Mimouna permits.
Resources (100% values): Circle Oil estimates unrisked 62 bcf (based on first 6 large 2D seismic anomalies mapped on seismic)
Upside potential for unrisked 112-215 bcf in place (Circle Oil estimate)
3D seismic to be shot & interpreted 2011
Drill prospects planned to start 2012(3rd campaign)
The Lalla Mimouna Permits, "Lalla Mimouna Nord" and "Lalla Mimouna Sud" are combined to form the Lalla Mimouna Concession, like Sebou and Oulad N’Zala, situated in the Rharb Basin. The Permits covers an area that is a continuation of the same Tertiary geology and is a similar exploration play to the adjacent COML operated Sebou Permit.
Our plans
COML has agreed to carry out an initial targeted 80 sq km 3D seismic survey to assist in the assessment and ranking of prospects already identified in the area and to assess any newly identified prospects. This survey is currently underway with a view to providing data for planning the next and as part of the anticipated third drilling campaign across Circle’s Rharb Permits. The agreement covering the Lalla Mimouna Permits requires the completion of a minimum two well programme in the first three years of the permits. The addition of Lalla Mimouna offers Circle Oil a greater opportunity to further explore for, and if successful, exploit more natural gas accumulations within the Rharb Basin. Future drilling programmes will cover prospects across both the Sebou permit and the more recently added Lalla Mimouna permits.