News
20 Nov 2013
3 min read
Longreach Oil begins onshore drilling in Sidi Mokhtar
The estimates put forward approach 21 million barrels of oil condensate and 12 billion cubic metres of gas
The British oil exploration company Longreach Oil & Gas has just confirmed that it has begun drilling operations at the Koba 1 site, an onshore exploration project under the "Sidi Mokhtar" licence in the Essaouira region. According to a statement from Longreach Oil & Gas, published on Monday on its website, the drilling concerns a well 2,700 metres deep for a total duration of 50 days.For this first well of the Sidi Mokhtar licence, which includes two, Longreach Oil & Gas puts forward figures that are almost enticing for potential global prospectors: 21 million barrels of oil condensate and 12 billion cubic metres of gas (or 350 billion cubic feet) for this single well. Faced with these recent expert estimates, Andrew Benitz, Executive Director of Longreach, did not hesitate to express his enthusiasm: "Longreach has carried out an extensive programme of geophysical and geological study…
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