Longreach Oil & Gas Limited is about to drill into the targeted Lower Liassic formation, the first prospective zone, with the Company’s second Moroccan exploration well – Kamar-1 – on the Sidi Moktar onshore licence.
“We have set intermediate casing in Kamar-1 at approximately 1,960 metres of total vertical depth (TVD). Kamar-1 is a key evaluation well that should add considerable knowledge to our on-going assessment of the resource potential of the highly prospective Kechoula structure located in our Sidi Moktar license in the Essaouira Basin in Morocco. As expected, our drilling team encountered increasing gas content in the mud column as the Kamar-1 drill bit approached the Lower Liassic formation. Given the results of our first Moroccan well drilled in late 2013 into the Kechoula structure – Koba-1 – this gas content increase in Kamar-1 was anticipated. Based upon our detailed technical audit of the drilling of Koba-1, we have modified our Lower Liassic drilling and evaluation program and have the procedures in place at Kamar-1 to capture the necessary petrophysical data that will help map our path to exploration understanding and potential success. We expect to drill into and log the Lower Liassic zone over the next few weeks,” said Dennis Sharp, Longreach’s Executive Chairman.
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