Report summaryMorocco has the lowest reserves and production in Northern Africa. Frontier offshore acreage has enticed major international oil companies but none of the seven wells drilled over the last five years have been successful. In light of the poor success rate and the current low oil price many offshore wells have been postponed. Exploration interest has turned to the lower risk onshore acreage that has produced small but consistent results. Nine wells drilled in the last five years have ...
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