Written by Stuart Monteith – 05/07/2017 11:31 am
UK player Sound Energy has successfully extracted gas from the its Kechoula Discovery in Morocco.
The company confirmed that a test drill at a measured depth of 4612 feet confirmed a “producible gas accumulation”.
The company’s chief executive James Parsons said: “We are delighted by this early success at the Kechoula discovery and look forward to both the extended well test and to unlocking the deeper, and much larger, pre-salt potential in the future.
“Our attention now turns back to our very significant position in Eastern Morocco where we are preparing for further near term drilling and seismic.”
The company added that it believes the Sidi Moktar licence contains gas – based on a quantitive assessment prepared by a previous operator in 1998.
The company will now be required to reprocess the existing 2D seismic, acquire new 2D seismic and drilling results before forming its own estimate on the exploration potential at the site.