RE: Another Moroccan Article - Translated by Google19 Oct 2025 11:05
Great find Donalb.
The trolls say we don't have gas 😂
We are moving forward:
This presentation marks the end of the exploration cycle carried out between 2021 and 2025 and the start of an economic development phase, based on consolidated technical data.
Guercif, a confirmed gas asset
According to the published data, the drilling and analysis campaign conducted from 2021 to 2025 has consolidated significant geological results. The MOU-1 and MOU-3 wells established the presence of biogenic gas over a 16 km² structural zone embedded in a potential trap of 81 km². Analyses carried out by NuTech, based on log models assisted by artificial intelligence, highlighted 91 meters of interval containing gas without the presence of water in MOU-1 and MOU-3.
The independent report by ScorpionGeoscience, published in June 2024, estimates the resources at 588 BCF of gas (including 441 BCF net for Predator) and 1.86 BCF of helium. Five other gas traps were also identified by seismic, as well as additional potential in deeper Triassic formations.
The MOU-5 well, drilled under budget and without incident, opens a new geological perspective: it intercepted a Triassic formation over approximately 100 km², comparable to other producing structures located in Morocco and Algeria. This well is presented as "play-opening," that is, revealing a new level of potential production.
A second technical report, finalized in August 2025 by ScorpionGeoscience, confirms the possibility of gas storage in salt within the Guercif block. This point is considered strategic in a context of energy diversification and development of the gas sector in Morocco. The presence of helium was also confirmed in the MOU-2, MOU-3 and MOU-4 wells, covering an area of 68.5 km².
We are really under valued at the moment.
The future looks promising!