Longreach Oil and Gas Ltd. discovered substantial natural gas resource potential in Morocco. Longreach found two prospective natural gas zones while drilling its Kamar-1 well located in the Kechoula structure within the Essaouira Basin.
Longreach drilled the well to a final depth of approximately 9,153 feet and found the first zone in the Lower Liassic formation and the second zone in the Lower Dogger/Upper Liassic formations. The first zone has a gross interval of about 360 ft and the second zone is characterized by significant gas volumes in the drilling mud, which occurs within an interval of about 328 ft.
The company did not encounter any bottom water while it was drilling, which is excellent news, according to a company statement. Longreach previously found high-pressured salt water in its Koba-1 well that it drilled last year. The lack of water in the Kamar-1 well indicates the water in Koba-1 is localized and not present throughout the Lower Liassic formation in the Kechoula structure.
The data obtained from the Kamar-1 well is being reviewed and integrated with the information gathered from Longreach's Koba-1 well.