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Gulfsands Petroleum provide an update on activities underway in Morocco

Gulfsands Petroleum says that after drilling the Rharb Centre Permit in Northern Morocco using the COFOR SAS Cabot 750 rig have

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Gulfsands Petroleum

Gulfsands Petroleum says that after drilling the Rharb Centre Permit in Northern Morocco using the COFOR SAS Cabot 750 rig have now recommenced with the drilling of the Lalla Yetou Updip-1 gas exploration well (LTU-1).

The LTU-1 well location has been selected based upon interpretation of the Rharb 3D seismic survey data acquired by the Company during 2013. LTU-1 is designed to be drilled to a total vertical depth of approximately 1180 metres, and will evaluate predicted Miocene aged sandstone reservoirs contained within a fault bound structural closure that have been identified from 3D seismic data as having the potential to be gas bearing. LTU-1 is located up dip structurally from a previous well Lalla Yetou-3 that found gas bearing sands.

Tags: Gulfsands Petroleum plc