Sound Energy this morning confirmed a “significant gas discovery” onshore Morocco.
The firm said it achieved a a stabilized gas flow rate, post stimulation, of 17.0 MMscf/d (0.5 million scm/d) for its Tendera well.
“This is significantly above initial expectations and represents a highly commercial rate,” a company spokesperson said.
The strong gas flow is accompanied by a potential single gas column, according to the firm.
James Parsons, chief executive of Sound Energy, added: “I am absolutely delighted to confirm a material commercial gas discovery at Tendrara and a resounding success at the first of our three Strategic Plays.
“I believe Tendrara, Meridja and the Eastern Morocco TAGI play have the potential to be a material hydrocarbon province on a regional scale and therefore to transform both Sound Energy and the Moroccan gas industry.
“We shall now, together with Schlumberger, proceed with the second well (TE-7 – due to spud later this month) and a further outpost well (TE-8 – expected to spud in Q4 2016), which will provide further insight on the long term potential.”