Back in 2006, it was estimated that the proven oil reserves of Morocco were vast with just natural gas reserves reaching the 60 billion cubic feet, although many of the sedimentary basins remain till today completely unexplored. However, following the last licensing round, oil companies are planning to drill 10 wells in Moroccan waters through 2014, a number that represents the fastest pace of opening wells in the past decade.
Moroccan E&P is going to be one of the topics that will be addressed in depth at the 2nd Annual East Atlantic Oil & Gas Summit, with Governmental Officials like Hosna Mustaphi, Head of Hydrocarbons Exploration and Production Department from the Ministry of Energy, Mines, Water and Environment in Morocco contributing insights on the energy developments.
