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A strategic memorandum of understanding was signed yesterday Tuesday, March 26 in Rabat, between the ministries of the Interior, Finance, Equipment and that of Energy Transition for the launch of the road map gas infrastructure.
The program, which will extend over a period of several years, aims to provide the Kingdom with several entry points for the import of liquefied natural gas (LNG), as well as storage and transport infrastructure. natural gas.
Https://x.com/le360fr/status/1772996630813237546?s=46&t=M-7yXU7Vt-Y1fcMtzquiTw
You obviously very carefully read the conclusion bottom of page 58 on the ITR when they were referring to the formation damage on the Ma sand.
The surprise is that the formation damage seems to be everywhere. BUT the Company know what they have to do with the sandjet to meet the other part of the conclusion on P58.
Big ask for others to stay on board but I only unload when I envisage the share price will fall into abyss. Look what happened to the share price after MOU 2.
MOU 5 doing its job hedging the fall. MOU5 is into the Jurassic which is very large indeed and entirely different to anything else drilled historically. They caught it at the bottom of MOU4 having seen it on seismic. MOU 4 was deliberately located to try to nick the Jurassic and it did. Think I read not over-pressured so drilling muds can be more refined. ITR shows it a big target for onshore Morocco.
Funding in tact for now probably just and the Company now need some good luck. Sandjet will have to work. Side track and fracking not necessary yet but are options.
Biogenetic gas ......
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You obviously very carefully read the conclusion bottom of page 58 on the ITR when they were referring to the formation damage on the Ma sand.
The surprise is that the formation damage seems to be everywhere. BUT the Company know what they have to do with the sandjet to meet the other part of the conclusion on P58.
Big ask for others to stay on board but I only unload when I envisage the share price will fall into abyss. Look what happened to the share price after MOU 2.
MOU 5 doing its job hedging the fall. MOU5 is into the Jurassic which is very large indeed and entirely different to anything else drilled historically. They caught it at the bottom of MOU4 having seen it on seismic. MOU 4 was deliberately located to try to nick the Jurassic and it did. Think I read not over-pressured so drilling muds can be more refined. ITR shows it a big target for onshore Morocco.
Funding in tact for now probably just and the Company now need some good luck. Sandjet will have to work. Side track and fracking not necessary yet but are options.
Biogenetic gas ......
Read Full ThreadReply
Morocco has huge potential for discovering natural gas…and we want to be an important player in Morocco…and we are coming to invest.Morocco is ideally positioned to become a global energy centre, given its stability ,geography and proximity to Europe…Yossi Abu
Appolgies if any blips on above as could not paste it so just typed it !
With thanks to TheCube…