Morocco: New Sebou gas find for Circle

Circle Oil has announced a gas discovery with the KSR-12 well on the Sebou permit. The well is the third in a six-well programme on the onshore Rharb Basin permit in northern Morocco, and follows two earlier discoveries. Broker Investec described it in a research note as “the best result to date”.The well found a better-than-expected 20.5 metres of net pay in the Main Hoot interval and one metre in the Upper Hoot. In testing, the Main Hoot sands flowed at a sustained rate of 8.09mcf/d over eight hours with no decrease in wellhead pressure.