Circle signs Moroccan 3D deal

Circle Oil has agreed a new seismic acquisition deal off Morocco

The company has acquired a further 120 sq km of 3D seismic within its permits in the Rharb Basin as well as another 24 full fold line km of 2D seismic. The whole operation is set to take between four and five months.

“The data will be subsequently processed and interpreted for use in the identification and prioritisation of drilling targets for the third drilling campaign presently scheduled to commence in early 2012,” Circle concluded.

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