International oil and gas explorer Circle Oil (COP) has kicked off surveying work and mobilisation for its new seismic acquisition campaign in Morocco.
In its hunt for drill targets within the Rharb Basin, it will acquire a further 120 square kilometres of 3D data, as well as 24 full fold line kilometres of 2D and is expected to take between four and five months to complete.
The AIM-traded company said it would use the data in identifying and prioritising drilling targets for the third drilling campaign, expected to get underway in early 2012.
Circle Oil, which also has assets in Egypt, Oman and Tunisia, has said newly appointed operations manager Mohamed El Mostaine will initially manage the new seismic acquisition campaign and contribute to both the planning and technical studies to be produced ahead of the drilling campaign.
Chief executive Chris Green said: "We welcome Mohamed to Circle. With his extensive experience and knowledge of North Africa we look forward to his contribution to Circle's growth."
The announcement comes just six weeks after Circle Oil announced that the KSR-11 exploration well in the Sebou Permit, Rharb Basin, has been drilled, logged and successfully tested.
It confirmed a gas discovery in the main Intra Hoot target and secondary targets available for future testing in the Mid and Base Guebbas sands.
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