Longreach Oil & Gas is pleased to announce that the Koba-1 exploration well, in its operated licence area in the Essaouira Basin, onshore Morocco, has reached TD and has encountered a potential Lower Liassic sandstone reservoir with gas shows.

The well has been drilled to a Total Depth (TD) of 3100m. The Lower Liassic sandstone was encountered very close to the expected depth and has a gross interval of approximately 45 metres showing reservoir potential. Over this section, gas shows of over 10% were encountered with heavier hydrocarbon components of over C5+.

After logging the Lower Liassic section, the well was drilled to TD to continue the exploration of the second target of the prognosed Triassic sandstones. No further potential reservoir sections or significant shows were encountered beneath the Lower Liassic.

Tags: Longreach Oil and Gas Limited