Longreach Oil and Gas Adds the Sidi Moktar Development Lease to its Moroccan Assets

摘要

London-based Longreach Oil and Gas has signed a farm-in agreement with Maghreb Petroleum Exploration (MPE) providing for Longreach, which already holds interests in four exploration licenses in southern Morocco (Zag, Tarfaya, Sidi Moussa and Foum Draa - see map), to acquire a 50% interest in the Sidi Moktar development lease in the Essaouira basin, in the center of the country.