Another spud...
Longreach Oil & Gas spuds Kamar-1 well onshore Morocco
By Jamie Ashcroft March 21 2014, 7:27am
The drill programme is expected to run for around 70 days.
Longreach Oil & Gas (CVE:LOI) has announced the start of drilling on the Kamar-1 well, onshore Morocco.
The exploration well, on the Sidi Moktar licence area, will be drilled to a depth of 3,500 metres, and the programme is expected to run for around 70 days.
It is targeting multiple targets, a lower Liassic reservoir and Triastic clastic reservoirs.
Kamar follows the Koba well, which had encouraging but inconclusive results.
As hoped Koba, the group’s first onshore well, found gas but encountered technical difficulties and that meant detailed analysis was not possible.
Longreach has a 50% interest in the Sidi Moktar licence.
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