Kosmos’ position offshore Morocco (including Western Sahara) provides multiple play types with substantial running room. The region contains evidence of working hydrocarbon systems, with oil shows in prior onshore and offshore drilling, as well as existing oil and gas production onshore Morocco. We signed farm-out agreements for these positions with BP for the Essaouira block, and with Carin Energy for the Boujdour Maritime block. Our ability to secure industry-leading partners validates the quality of our Moroccan portfolio.
We hold an interest in the Essaouira block in the offshore Agadir Basin, which is an underexplored basin with a variety of exploration plays, including our core geologic theme in the late Cretaceous formation. In addition, it is a salt basin that provides significant hydrocarbon trapping opportunities.
The Boujdour Maritime block, located offshore Western Sahara in the Aaiun Basin, is an underexplored Cretaceous basin along the Atlantic Margin. The region shows significant exploration potential supported by multiple independent play concepts and fairways.