Pura Vida Energy NL announced Tuesday that the secondary objectives of the MZ-1 exploration well offshore Morocco have come up dry.
The well has reached a depth of 15,265 feet and wireline logs have been run to evaluate the entire open hole section of the well. Preliminary results from all of the data gathered to date indicate that there is no effective reservoir in either of the secondary objectives in the Cenomanian and Aptian intervals and no oil shows were encountered.
MZ-1 will be drilled to a total depth of 18,372 feet in order to test the primary objectives of the basin floor fans, Fan-1 and Fan-2. After drilling through these targets a decision will be made whether to deepen the well to 20,177 feet to test a third Jurassic fan, Fan-3.
Pura Vida Energy Managing Director Damon Neaves commented in a company statement:
“We are disappointed that the well failed to encounter reservoir in the secondary objectives in the Cretaceous, however we expect to intersect the primary targets in the Jurassic and look forward to reporting those results shortly.”
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