Morocco: San Leon contracts rig

San Leon Energy has signed a rig contract with Entrepose Drilling for the El Aaiun-4 well on the Tarfaya licence. The Cabot 750 rig is expected to spud the well in the second half of August 2015, and it will take around 30 days to reach total depth at around 2,000 metres. The well is targeting Tertiary channel sandstones, at a location some 14km from a potential gas market, the El Marsa phosphate processing plant, near Foum El-Oued. San Leon executive chairman Oisin Fanning said the well was located updip of gas encountered in an older well, with other nearby similar channel targets for follow-on wells.