Predator Oil & Gas has opened exploratory discussions with a group focused on the downstream energy business to potentially sell its share of gas produced at the well head subject to an approved CNG development plan. In order to accelerate the timing of substantive negotiations for the sale of its share of gas, subject to […]
SDX has announced that it has entered into a non-binding HoT with DMA, its largest offtaker, to prepay for SDX’s gas deliveries in Morocco. The initial terms of the agreement envisage draw down of c. $2 million by the end of September 2023. These funds are planned to be used towards the drilling costs of the KSR-21 well. A […]
SDX Energy plc said that it has commenced drilling the Ksiri-21 (“KSR-21”) well in Sebou Central of the Gharb Basin, Morocco. The vertical development well will be drilled to a planned total depth of approximately 1,950 metres. Using existing 3D seismic, the well is targeting a well-defined prospect within the main Hoot formation, which is the main producing sand in the area. SDX has drilled over 20 production wells in the same […]
Chariot Limited has sealed a new exploration licence Petroleum Agreement on Loukos oilfield located onshore Morocco. Chariot has 75% interest in, and operatorship of the Loukos licence signed by a wholly owned subsidiary of Chariot Limited in partnership with the Office National des Hydrocarbures et des Mines (“ONHYM”) which will hold a 25% interest. Loukos […]
Predator Oil & Gas Holdings the Jersey based Oil and Gas Company with near-term gas operations focused on Morocco has announced an interim drilling update for the MOU-3 well appraising the Moulouya Fan primary reservoir target for which contingent gas resources have been previously announced. Operations update Prior to setting 95/8″ casing an inflow of […]
SDX Energy has, together with the Office National des Hydrocarbures et des Mines (ONHYM), renegotiated a gas sales agreement with one of its key customers in Morocco aligned with the regional development strategy and consequently will receive a higher gas price for production with effect from 1 May 2023. This price increase will enable the […]
Chariot Limited the Africa focused transitional energy company said that it has now completed the Front-End Engineering and Design (FEED) on the key components of its flagship Anchois gas development project, offshore Morocco. The Anchois gas field is located within the Lixus Offshore licence area, in which Chariot holds a 75% interest and operatorship, alongside ONHYM which holds a […]
Predator Oil & Gas, the Jersey based Oil and Gas Company with near-term gas operations focussed on Morocco, announces an update on the drilling of the MOU-2 well in the Guercif Petroleum Agreement onshore Morocco. The MOU-2 well has been suspended with an option to re-enter after reaching a depth of 1,260 metres Measured Depth. […]
Predator Oil & Gas, the Jersey based Oil and Gas Company with near-term gas operations focused on Morocco has disclosed progress towards the commencement of drilling of the high impact/high reward MOU-2 well in Guercif onshore northern Morocco. Initial mobilisation of the Star Valley Rig 101 equipment to the MOU-2 drilling location has commenced and […]
Chariot Limited, the Africa focused transitional energy group, has announced that along with its partner the Office National des Hydrocarbures et des Mines (ONHYM), it has agreed key principles for long term gas sales from the Anchois Gas Project with the Office National de l’Electricité et de l’Eau Potable (ONEE). Anchois is located within the Lixus Offshore […]
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