Circle Oil says results from Moroccan well at upper end of expectations

Circle Oil said it was “delighted” with the test results from its Moroccan exploration well which achieved flow rates at the upper end of expectations

12th October, 2015

Circle Oil said it was “delighted” with the test results from its Ksiri West-A gas exploration well on the Sebou permit, onshore Morocco, which achieved flow rates at the upper end of expectations.

The well will now be tied in to its existing infrastructure and put into production as soon as possible, Circle said. The gas will be sold at fixed rates which are not subject to oil price fluctuations, it added.

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