Woodside enters into contract for Reconnaissance License in Morocco
Woodside enters into contract for Reconnaissance License in Morocco
PERTH, Australia -- Woodside has entered into a contract for an exclusive Reconnaissance License (RL) with the Office National des Hydrocarbures et des Mines, the national oil company of the Kingdom of Morocco, to explore a block offshore Morocco.
The block, known as the Rabat Ultra-deep Offshore area, comprises a total of 36,737 sq km with depths ranging from 1,700 m to 4,400 m. The block is located to the west of the Rabat Deep Offshore I-VI permits, in which Woodside has acquired, subject to Ministerial approval, a 25% interest.
Commitments under the RL work program include a 2D seismic survey and studies. The RL duration is for 12 months.
