Irish Oil and Gas company Fastenet offcialy started the drilling the FA-1 Foum Assaka well, offshore Morocco.
Kosmos Energy, Fastenet’s company partner, said the well was spudded (Initial drill kick) on March 14.
The company estimates “Foum Asaka” to contain around 360 million barrels of oil in its primary deep water Lower cretaceous reservoir objective.
The results are expected to be divulged in June as the well is expected to take up to three months to reach target depth.
Fastnet managing director Paul Griffiths said: “We are delighted that drilling has commenced on schedule on the Eagle Prospect. The results from the FA-1 well will allow us to further evaluate and potentially de-risk the varied and near-term drilling targets in the Foum Assaka Licence where we and our partners see significant potential upside.”
The Moroccan Times.
