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Europa identifies multiple prospects in offshore Morocco acreage

Europa Oil and Gas is working on potential drilling targets in its Inezgane permit offshore Morocco.

Technical studies have continued despite Covid-19-related restrictions, the company said in a corporate update, with the focus on reprocessing and interpreting 3D seismic data to de-risk large prospects in the Lower Cretaceous.

The Inezgane license area covers 11,228 sq km (4,335 sq mi). To date 14 prospects and 16 leads have been mapped which could in aggregate hold close to 10 Bboe, and each prospect has mean resources of more than 150 MMboe.

Some have stacked reservoir potential with a wide range of structural styles, including a four-way dip closure in the case of the 827-MMboe Falcon and 204-MMboe Turtle prospects.

Europa plans to further de-risk the prospects and leads and depending on the results, seek partner(s) to drill wells.

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