Guercif
Location: Guercif Basin
Interest: 80%
Acres: 962,000 / 769,600
In June 2005, TransAtlantic was awarded a reconnaissance prospect covering 3.4 million acres in north eastern Morocco. In January 2008, TransAtlantic converted a portion of its reconnaissance prospect into two exploration permits.
Opportunity
- Re-entering Jurassic "missed-pay" prospects with hydrocarbon-bearing intervals that were overlooked at time of original drilling
- Six additional prospects and leads, many with direct seismic hydrocarbon indicators