Here's a bit more on the Morocco matter.
http://s2.q4cdn.com/089924811/files/doc_financials/annual/2015/10_k2015.pdf
Page 41 at the bottom.
Currently, FM O&G has a commitment to drill a second well in Morocco in 2016. However, FM O&G is actively negotiating with its partners to modify the work program, which, if successful, would result in changes in the timing, amount or type of future commitment. The exploration permits covering FM O&G's Morocco acreage expire at the end of 2016; however, FM O&G has the ability, under certain circumstances, to extend the exploration permits through 2019.
Here's a bit more on the Morocco matter....
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