Morocco’s Predator Oil & Gas Launches Gas Testing Operations at Guercif Site
Predator Oil & Gas Holdings has initiated rigless testing operations at the MOU-3 well in Morocco’s Guercif region, marking a significant step in the company’s North African gas development strategy. The 10-day testing program includes perforating and testing the shallow ‘A’ Sand formation.
The Moroccan assets represent valuable exposure to highly prospective onshore gas resources, with particular emphasis on compressed natural gas development opportunities. The shallow biogenic gas resources offer relatively easy access compared to deeper formations, enhancing the project’s economic viability.
Morocco’s gas pricing environment provides competitive advantages with some of the world’s most attractive fiscal terms for operators. Predator benefits from an experienced management team with specialized knowledge of Moroccan subsurface conditions and operational requirements.
The testing results will inform future development decisions as the company advances its Moroccan portfolio alongside its other regional assets.
Source: oilreviewafrica.com
