Morocco: Circle well disappoints

AIM-listed Circle Oil is to plug and abandon the NFA-1 exploration well on the onshore Lalla Mimouna permit after finding only gas shows. NFA-1 was the third well drilled by Circle on the permit and was drilled to 1,077 metres total depth targeting Miocene sands. The well encountered gas shows but the reservoir quality failed to meet expectations. The first well, LAM-1, flowed gas from two target intervals, while the ANS-2 well encountered gas shows.