The United States Geological Survey (USGS) estimates 7.5 billion barrels of undiscovered conventional oil resource is in the offshore salt structures near Morocco.
http://www.zawya.com/story/Moroccos_offshore_riches-ZAWYA20130820103835/
And when we find some of it!! we will be selling into a tight market with higher prices expected after 2015 - see article below:
http://www.zawya.com/story/Crunch_time_for_crude_oil-ZAWYA20130819074533/?utm_source=zawya&utm_medium=web&utm_content=editors-pick&utm_campaign=story
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- speculation is rife for moroccan oil and gas!
speculation is rife for moroccan oil and gas!
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