Morocco - Oil and Gas Exploration

Significant New Play Opportunities

Kosmos’ positions offshore Morocco (including Western Sahara) total approximately 43,660 square kilometers and provide multiple play types with substantial running room. The regions contain 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 in late 2013, our first with BP for the Essaouira, Foum Assaka, and Tarhazoute blocks, and our second for the Cap Boujdour Contract Area with Cairn Energy. Our ability to secure industry-leading partners – along with the caliber of terms executed – validates the quality of our Moroccan portfolio

Agadir Basin

We hold three blocks in the offshore Agadir Basin: Essaouira, Foum Assaka, and Tarhazoute. Agadir 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. 

Cap Boujdour

The Cap Boujdour block, located offshore Western Sahara in the Aaiun Basin, is the last undrilled Cretaceous basin along the Atlantic Margin. The region shows significant exploration potential supported by multiple independent play concepts and fairways. 

Key Stats

Essaouira

License Acquired:
2011
Participating Interest:
30.0%, operated
Location:
Northwest Africa, Atlantic Ocean
Size:
8,786 square kilometers
Water Depth:
0 - 3,000 meters

Foum Assaka

License Acquired:
2011
Participating Interest:
29.9%, operated
Location:
Northwest Africa, Atlantic Ocean
Size:
4,855 square kilometers
Water Depth:
300 - 2,100 meters

Tarhazoute

License Acquired:
2013
Participating Interest:
30.0%, operated
Location:
Northwest Africa, Atlantic Ocean
Size:
7,751 square kilometers
Water Depth:
1,000 - 2,500 meters

Cap Boujdour

License Acquired:
2011
Participating Interest:
55.0%, operated
Location:
Northwest Africa, Atlantic Ocean
Size:
22,268 square kilometers
Water Depth:
50 - 3,000 meters
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