Repsol is about to launch new oil extracting well in northern Morocco

In January 2009 The Spanish Company Repsol will begin a new activity in its first oil well in Morocco, known as ‘Anchois’ is located 113 kilometers near to Tangiers, according to the company statement submitted by the Spanish national commission of stock exchange (CNMV). This is part of the company's project for oil exploration in Morocco Mediterranean coast. The pit Anchois is located in Northwest waters of Morocco, some 166 km from Cadiz (Spain), at 2597 meters depth; the seabed is at 354 meters. The company leaded by Antonio Brufau already present in Gaz distribution and marketing business in Morocco through its subsidiary Repsol Maroc, as well as National Gaz of Morocco.
By jalal Nali Director of Maroc Post Europe