Dana strikes gas

DANA PETROLEUM HAS made a significant gas discovery at Anchois in the Tanger-Larache licence off Morocco. The Anchois-1 well lies about 40 km from the coast and was drilled to a total depth of 2435 m.

Two intervals of high quality, gas-bearing sands, were encountered in the well. The combined gas column hit was about 90 m with about 40 m of net pay.

Preliminary estimates of reserves are around 100 bcf and Dana, together with its co-venturers, Repsol as the operator, Gas Natural and ONHYM have decided to suspend the well as a potential future producer. The joint venture group is now analysing all the data acquired before deciding on further exploration drilling in the Tanger Larache licence.

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