Morocco: East West gets central coastal block

Oct. 7, 2011
East West Petroleum Corp., Vancouver, BC, was awarded the 500,000-acre Doukkala onshore block along Morocco’s Atlantic coast 125 km southwest of Casablanca.  

East West Petroleum Corp., Vancouver, BC, was awarded the 500,000-acre Doukkala onshore block along Morocco’s Atlantic coast 125 km southwest of Casablanca.

The company will hold 75-25% interests with Morocco’s ONHYM for an 8-year exploration period.

East West will carry out regional geological studies, seismic acquisition and reprocessing, and exploratory drilling. It has identified conventional and unconventional oil plays on the acreage. Two wells encountered numerous hydrocarbon shows in Devonian shale at 1,500-3,000 m.