The British company Predator Oil & Gas is preparing to launch its drilling operations on its project located in the Guercif basin, in the north-east of Morocco, after a year of suspension.
Predator Oil & Gas is restarting its activities next June. In a statement, the British company said it will stay “on schedule to start drilling [the Moulouya-1 well] in June 2021”. The operation will begin in the area of the Guercif oil agreement which covers the licenses of Company I, II, III and IV. The Guercif project covers an area of 7,269 km² and is located approximately 250 kilometers east of the Gharb basin.
“This is an exciting and exceptionally operationally busy time for the company, dominated by preparations on the ground in Morocco for the imminent drilling of the Moulouya-1 well,” said Paul Griffiths, CEO of Predator Oil & Gas Holdings . The well, which will reach a depth of 2000 m, is located on a trend from which SDX Energy has discovered several deposits in the region. New boreholes will also be built as part of this project, assures the manager.
The British company had interrupted drilling operations on its Guercif I to IV project in April 2020 due to the risks associated with the spread of Covid-19 and the restrictions imposed by the state of health emergency in Morocco.