Woodside has entered into a contract for an exclusive Reconnaissance License (RL) with the Office National des Hydrocarbures et des Mines, the national oil company of the Kingdom of Morocco, to explore a block offshore Morocco.
The block, known as the Rabat Ultra Deep Offshore area, covers 36,737sq km in 1700m-4400m water depths.
The block is just west of the Rabat Deep Offshore I-VI permits, in which Woodside has acquired, subject to Ministerial approval, a 25% interest.
Commitments under the RL work program include a 2D seismic survey and studies. The RL duration is for 12 months. The grant of the RL is subject to ministerial approval.
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