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Galp Energia drills dry secondary target offshore Morocco

28th July 2014

Tangiers Petroleum’s has announced that the Galp Energia-operated TAO-1 exploration well in the Tarfaya block, offshore Morocco has not found any hydrocarbons at its secondary target

Galp Energia drills dry well offshore Morocco
Drilling operations continue as planned towards the primary and largest objective, Trident

The secondary objective, Assaka, was the shallowest target for TAO-1 and a full petrophysical evaluation of the objective will now be carried out.

Drilling operations continue as planned towards the primary and largest objective, Trident.

“The TAO-1 exploration well has been designed to test Trident at its optimal location,” commented Tangiers Petroleum.

“Tangiers' interpret that success at Trident is not co-dependent on the results from Assaka.”

Tangiers has a 25 per cent participating interest in the Tarfaya Offshore block.  Galp Energia has 50 per cent with the remaining 25 per cent held by ONHYM (Morocco's National Office of Hydrocarbons and Mines).

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