Year: 2014

Reuters RABAT May 17 (Reuters) – SNI, the investment vehicle of Morocco’s royal family, will sell its remaining 23.6 percent stake in cooking oil producer Lesieur Cristal in a public sale, a statement from the...

Reuters RABAT, May 15 (Reuters) – Morocco’s trade deficit rose 3.7 percent in the first four months of 2014 from a year earlier to 68.93 billion Moroccan dirhams ($8.43 billion), the foreign exchange regulator said...

Reuters RABAT, May 16 (Reuters) – Moroccan authorities said on Friday gas drilling by Longreach had found encouraging signs in the Kamar-1 well, located at Sidi Moktar, near the city of Essaouira. The announcement by the...

Oil & Gas Drilling and Production Longreach Oil and Gas has discovered two prospective natural gas zones at its Kamar-1 well on the Kechoula structure, located in the Sidi Moktar licence in the Essaouira basin of Morocco....

Proactive Investors Longreach believes it has encountered what it calls a hybrid reservoir that holds “substantial resource potential”. Longreach Oil & Gas(CVE:LOI) has made what looks to be a significant gas find in...