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Annual Report 2008 - Office National des Hydrocarbures et des Mines

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His Majesty King Mohammed VI


Contents<br />

Message from the Managing Director 4<br />

International environment and national situation 6<br />

Highlights 10<br />

P<strong>et</strong>roleum exploration 11<br />

P<strong>et</strong>roleum participations and cooperation 21<br />

P<strong>et</strong>roleum drillings and production 24<br />

Oil shale 26<br />

Mining exploration 27<br />

Mining participations and cooperation 39<br />

Mining drillings 41<br />

Human resources 43<br />

Computer technology and information system 46<br />

Activity <strong>Report</strong> <strong>2008</strong>


MESSAGE FROM THE MANAGING DIRECTOR<br />

The year <strong>2008</strong> confirmed the continuing improvement of the performances of ONHYM in comparison<br />

with the previous year with regard to the tangible results achieved in both mining and hydrocarbon<br />

exploration, two core activities that were led in synergy with the development of several partnerships.<br />

This was shown, in particular, by an extension of prospecting zones and an intensification of the work<br />

undertaken, allowing the identification of encouraging prospects.<br />

For ONHYM, <strong>2008</strong> has been year of continuity and deepening of its activities with a maintained<br />

pace in spite of the disturbances undergone by the international mark<strong>et</strong>s of the mineral and energy<br />

raw materials. The budg<strong>et</strong>s dedicated to the mining and oil exploration recorded a slight increase<br />

compared to the year 2007.<br />

P<strong>et</strong>roleum Exploration concerned a mining domain of nearly 321 707 km 2 against 288 349 km 2 in the<br />

previous year, mainly as a result of the conclusion of two new p<strong>et</strong>roleum agreements and three new<br />

reconnaissance contracts associating new international operators.<br />

Exploration efforts of our partners concerned the realization of four drilling wells among which one in<br />

offshore, and the acquisition of 2 431 km of 2D seismic survey and 486 km 2 of 3D seismic survey,<br />

recording a n<strong>et</strong> progress compared to the year 2007. Gravim<strong>et</strong>ric and magn<strong>et</strong>o m<strong>et</strong>ric airborne<br />

surveys, covering 6 4351 km, as well as the ground gravim<strong>et</strong>ric campaign (2578 stations) were also<br />

carried out in areas that have been until now underexplored.<br />

Anomalies and potential structures, play concepts and promising prospects were identified on<br />

several permits, both offshore and onshore. Some studies were conclusive enough to identify the<br />

location of twelve wells and to start the preparation of platforms for their realization in 2009.<br />

The various steps for the development of the oil shales in the frame of partnerships have noticeably<br />

progressed on the Tarfaya and Timahdit deposits.<br />

As far as Mining Exploration is concerned, research themes were diversified and the activity has<br />

been focused on the most promising zones, thanks to the intensification of a conceptual targ<strong>et</strong>ing,<br />

which allowed the identification of new objectives.<br />

The works performed in a mining domain including 855 licenses, concerned 26 objectives among<br />

which 16 for precious m<strong>et</strong>als, 8 for basic m<strong>et</strong>als and 2 for rocks and industrial minerals.<br />

In continuity of the previous years, works have been achieved on the most prospective zones of<br />

the Anti Atlas, the High Atlas Mountains and Jebil<strong>et</strong>s-Guemassa, with a sustained research effort in<br />

the Southern provinces, where an important campaign of regional geochemistry was achieved. The<br />

projects that have been given a particular interest include Azouggar N’Tilili’s (polym<strong>et</strong>allic-gold), Glibat<br />

4<br />

<strong>Office</strong> <strong>National</strong> <strong>des</strong> <strong>Hydrocarbures</strong> <strong>et</strong> <strong>des</strong> <strong>Mines</strong>


Lafhouda and Twihinate (Fe, Nb, Ta, U and light rare<br />

earths) and Lafwila, for the gold bearing structures. A<br />

new prospect was also identified at Lamlaga (Fe, Nb,<br />

Ta, U and light rare earths).<br />

A call for tender was launched for the transfer of<br />

Azouggar N’Tilili’s project after the conclusive results<br />

of the orientation study which has been carried on this<br />

project.<br />

The certification in compliance with the ISO 9001<br />

reference, version 2000, was resumed in <strong>2008</strong> for the<br />

mines laboratories.<br />

Mining drilling activity recorded this year a considerable recovery as the volume of works increased<br />

by 52 % compared to the year 2007.<br />

The information system registered the implementation of the projects, r<strong>et</strong>ained in the frame of the<br />

master plan finalized in 2007, according to the «project management» m<strong>et</strong>hods adopted in the charter<br />

of functioning. The realization of these projects involving p<strong>et</strong>roleum and mining exploration activities,<br />

finances, logistics, human resources and data processing infrastructure, will allow ONHYM to b<strong>et</strong>ter<br />

master its data in terms of saf<strong>et</strong>y, reliability and availability. It will also allow ONHYM to become eligible<br />

to the subsequent control of the State.<br />

Concerning the human resources, two operations of simplification and clarification of the<br />

management m<strong>et</strong>hods have been compl<strong>et</strong>ed. The first one concerned the harmonization of the<br />

rules of management for the entire staff, and the second concerned the implementation of the time<br />

management system.<br />

These are the main lines of the activity of ONHYM during the year <strong>2008</strong>. Thanks to the commitment<br />

of its partners and to the devotion of its staff, ONHYM could achieve its objectives, thus contributing<br />

to the economic and social development of Morocco, under the High Guidance of HIS MAJESTY<br />

THE KING, May GOD glorify Him.<br />

Activity <strong>Report</strong> <strong>2008</strong><br />

Amina BENKHADRA<br />

5


INTERNATIONAL ENVIRONMENT & NATIONAL SITUATION<br />

The financial and economic crises that marked<br />

the year <strong>2008</strong> have led to historical increases in<br />

oil prices and to reduced consumption.<br />

As for mining products, <strong>2008</strong> was characterized<br />

by an unprecedented reversal of situation.<br />

The investments in oil exploration and mining<br />

continued to grow significantly.<br />

Morocco has implemented a new strategy with<br />

a view to secure its energy supplies.<br />

6<br />

International environment<br />

The world economy : from financial to<br />

economic crisis<br />

After an exceptional year 2007 on several<br />

respects, <strong>2008</strong> is viewed as the year that<br />

witnessed the worst financial crisis since the<br />

1928 depression. The premonitory symptoms<br />

started in August 2007 in the United States<br />

with the subprime mortgage crisis. The financial<br />

crisis expanded progressively to Europe and<br />

Japan thus causing the collapse of the main<br />

stock exchanges and compelling the main<br />

industrialized countries to intervene by injecting<br />

liquid ass<strong>et</strong>s by billions of dollars with an eye to<br />

save their banking system.<br />

The financial crisis has had negative impacts on<br />

the real economy with the entry into recession<br />

of the main industrialized economies. The world<br />

Gross Domestic Product growth passed from<br />

5.2 % in 2007 to 3.4 % in <strong>2008</strong> according to<br />

the International Mon<strong>et</strong>ary Funds which expects<br />

a regression of 0.5 % for 2009.<br />

<strong>Office</strong> <strong>National</strong> <strong>des</strong> <strong>Hydrocarbures</strong> <strong>et</strong> <strong>des</strong> <strong>Mines</strong><br />

International oil environment : a more and<br />

more unstable mark<strong>et</strong><br />

From 50 dollar/b in January 2007, crude oil<br />

prices rose to 100 dollars in January <strong>2008</strong> to<br />

reach a record level of 147 dollars in July <strong>2008</strong>.<br />

As a result of the slowdown of the world activity,<br />

crude oil prices fell back to their level of January<br />

2007.<br />

If demand in emerging countries like China,<br />

India and Brazil and speculation were the main<br />

causes for the oil price surges throughout the<br />

last three years, the drop in oil prices, started in<br />

the summer of <strong>2008</strong>, reflects the fall off in world<br />

oil demand following the slowdown of economic<br />

activity in the large industrialized countries which<br />

expanded to the rest of the world. This has led<br />

the International Energy Agency (IEA) to revise<br />

its world oil consumption forecasts downwards<br />

for <strong>2008</strong> which are estimated at 86.2 million<br />

b/d.<br />

Despite this collapse in oil prices, the world<br />

enters an era of expensive oil which will<br />

remain, however, marked by volatile prices<br />

and intermittent unbalanced mark<strong>et</strong>s. If<br />

the investments required for strengthening<br />

infrastructures, increasing production capacities<br />

and providing against the decline in reserves by<br />

new discoveries are not implemented from now<br />

on to me<strong>et</strong> the demand that will grow as soon<br />

as revival comes back, the world will face new<br />

oil crises.<br />

In the upstream oil sector, world E&P investment<br />

rose by 19 % in <strong>2008</strong>, and should s<strong>et</strong>tle in 2009,<br />

according to Institut Français de Pétrole (IFP).


$/b<br />

150<br />

140<br />

130<br />

120<br />

110<br />

100<br />

90<br />

80<br />

70<br />

60<br />

50<br />

40<br />

30<br />

20<br />

10<br />

0<br />

Evolution of crude oil prices in <strong>2008</strong><br />

1997 1998 1999 2000 2001 2002 2003 2004<br />

<strong>Annual</strong> average<br />

* Brent, Rotterdam quotation<br />

International mining environment : a<br />

reversal of situation after historical records<br />

The international financial crisis and the<br />

slowdown of the world economic activity have<br />

led to a drop in demand especially of industrial<br />

m<strong>et</strong>als.<br />

After pulverizing all high records, base m<strong>et</strong>al<br />

prices started a decrease from the summer<br />

<strong>2008</strong> and came back to 2004 -2005 levels.<br />

Thus, the average copper prices dropped<br />

by 3 % compared with 2007 ; those of lead<br />

and zinc fell by 19 % and 43 % respectively,<br />

compared with 2007. On the other hand, tin<br />

improved its performances by posting an<br />

average of US$ 18 467 per tonne in <strong>2008</strong><br />

against US$ 14 513 the previous year. Precious<br />

m<strong>et</strong>als prices maintained their upward trend<br />

started two years before and gold recorded<br />

Activity <strong>Report</strong> <strong>2008</strong><br />

2005 2006 2007 <strong>2008</strong><br />

Source : IFP<br />

an average increase of 25 % compared with<br />

2007 ; the rates of gold increased by 12 %.<br />

The consequences of this reversal in the<br />

international environment begin to be felt.<br />

Thus, the Anglo-Australian group BHP Billiton<br />

has recently given up its takeover bid hostile<br />

to its compatriot but comp<strong>et</strong>itor Rio Tinto. On<br />

the other hand, Arcelor-Mittal, the largest steel<br />

company in the world has recently announced<br />

production and job cuts in its steelworks<br />

throughout the world.<br />

However, worldwide nonferrous and precious<br />

m<strong>et</strong>als exploration budg<strong>et</strong>s reached US$<br />

13.2 billion in <strong>2008</strong>, up 26 % compared with<br />

2007. This sixth consecutive yearly increase<br />

is accounted for by the unprecedented levels<br />

of global m<strong>et</strong>al prices reached over the last<br />

years.<br />

7


8<br />

(US$ Billion)<br />

$15<br />

$12<br />

$9<br />

$6<br />

$3<br />

$0<br />

89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08<br />

Nonferrous Exploration Total Relative Copper Price<br />

Uranium Exploration Total<br />

<strong>National</strong> environment<br />

Worldwide exploration budg<strong>et</strong>s<br />

Source : Publication of M<strong>et</strong>als Economics Group – November <strong>2008</strong>.<br />

Energy situation : a new national energy<br />

strategy<br />

In <strong>2008</strong>, the national energy scene was marked<br />

by the working out by the Ministry of Energy,<br />

<strong>Mines</strong>, Water and Environment of a new energy<br />

strategy that will help endow the energy sector<br />

with a clear vision for the medium and long term<br />

to ensure availability of energy in Morocco in the<br />

best conditions in terms of supplies and costs.<br />

The national energy scene was strongly<br />

impacted by the surge in crude oil and coal<br />

prices on the international mark<strong>et</strong>s. The oil bill<br />

rose from 52 billion DH in 2007 to 71 billion DH<br />

in <strong>2008</strong>.<br />

<strong>Office</strong> <strong>National</strong> <strong>des</strong> <strong>Hydrocarbures</strong> <strong>et</strong> <strong>des</strong> <strong>Mines</strong><br />

Relative Gold Price<br />

The energy consumption was about 14.7 Mtoe<br />

deriving basically from p<strong>et</strong>roleum products<br />

(60.9 %) and coal (25.8 %). This consumption<br />

was m<strong>et</strong> up to 97.5 % by imports.<br />

3,0<br />

2,5<br />

2,0<br />

1,5<br />

1,0<br />

0,5<br />

Relative Gold and Copper Prices (1989=1)


Electricity demand reached 24.002,8 GWH in<br />

<strong>2008</strong> against 22.608,1 GWH in 2007 recording<br />

a 6.2 % increase.<br />

The consumption of p<strong>et</strong>roleum products<br />

reached 8.962 million tonnes in 2007, a rise of<br />

11.2 %.<br />

The investments made in the energy sector<br />

passed from 10 billion DH in 2007 to 17billion<br />

DH in <strong>2008</strong>.<br />

Mining sector : good performances <strong>des</strong>pite a<br />

difficult international environment<br />

In <strong>2008</strong>, the national mining sector registered<br />

globally satisfactory results <strong>des</strong>pite the reversal<br />

Wind<br />

power<br />

0.5 %<br />

P<strong>et</strong>roleum products<br />

61.6 %<br />

2002 : 10.5 Mtoe<br />

Natural<br />

gas<br />

0.5 %<br />

<strong>National</strong> energy consumption (Mtoe)<br />

Hydraulic<br />

electricity<br />

2.1 %<br />

Coal 31.9 %<br />

Imported<br />

electricity<br />

3.5 %<br />

+ 40 %<br />

Activity <strong>Report</strong> <strong>2008</strong><br />

occurred at the level of base m<strong>et</strong>al prices<br />

starting from the second half of <strong>2008</strong> and<br />

the slowdown of phosphates world demand<br />

occurred in the third quarter of the year following<br />

the worsening of the world financial crisis.<br />

Thus, <strong>des</strong>pite the drop in mining exports volume<br />

in <strong>2008</strong>, the sales have more than doubled,<br />

rising from 34 billion DH in 2007 to more than<br />

77 billion DH in <strong>2008</strong>. The sales of phosphates<br />

and their by-products accounted for 78 % of<br />

this turnover.<br />

Wind<br />

power<br />

0.5 %<br />

P<strong>et</strong>roleum products<br />

60.9 %<br />

<strong>2008</strong> : 14.7 Mtoe<br />

Hydraulic<br />

electricity<br />

1.6 %<br />

Natural<br />

gas<br />

3.7 %<br />

Coal 25.8 %<br />

Imported<br />

electricity<br />

7.5 %<br />

9


HIGHLIGHTS<br />

10<br />

Hydrocarbons<br />

• Acquisition of 2431, 5 km of 2D seismic data,<br />

486 sq km of 3D seismic data, 58 stations<br />

of ADD-HR, and 64 351 km of airborne<br />

gravim<strong>et</strong>ric and magn<strong>et</strong>om<strong>et</strong>ric surveys and<br />

2578 stations of land gravim<strong>et</strong>ric surveys ;<br />

• Drilling of 4 wells one of which is offshore ;<br />

• Nomination of ONHYM as manager of the<br />

royalty for the transit of Algerian gas via the<br />

Moroccan territory ;<br />

• Signature of two new P<strong>et</strong>roleum Agreements<br />

and three Reconnaissance Contracts for<br />

hydrocarbon exploration and production ;<br />

• Conclusion of two memoranda of understanding<br />

(MoU) and a confidentiality agreement<br />

for the development of oil shale potential ;<br />

• Signature of a cooperation and data exchange<br />

agreement ;<br />

• Signature of a grant agreement for the financing<br />

of a study project for data management.<br />

<strong>Mines</strong><br />

<strong>Office</strong> <strong>National</strong> <strong>des</strong> <strong>Hydrocarbures</strong> <strong>et</strong> <strong>des</strong> <strong>Mines</strong><br />

• Launching of an international bid for the<br />

cession of Azouggar N’tilili polym<strong>et</strong>allic-gold<br />

deposit in Tan Tan province ;<br />

• Confirmation of the importance of Glibat<br />

Lafhouda and Twihinat prospects in Fe, Nb,<br />

Ta, U and light rare earth (Awserd province) ;<br />

• Compl<strong>et</strong>ion of the geochemical survey<br />

subcontracted run in Awserd region and<br />

start of first control works of circumscribed<br />

anomalies ;<br />

• Carrying on of feasibility study on Achemmach<br />

deposit (tin in El Hajeb province) in partnership<br />

with Kasbah Resources (Australia) ;<br />

• Conclusion of two new mining draft<br />

agreements, a memorandum of understanding<br />

(MoU) and two cession contracts.


PETROLEUM EXPLORATION<br />

The year <strong>2008</strong> has seen a momentum for<br />

onshore and offshore explorations which<br />

resulted in the opening of new frontier areas<br />

and a greater diversification in exploration<br />

objectives.<br />

Moreover, a larger use of 3D seismics, a major<br />

tool for exploration, was made and was extended<br />

to the shallower and onshore objectives.<br />

<strong>2008</strong> showed a resumption of exploration drilling<br />

activities with some promising results.<br />

Onhym’s activity<br />

P<strong>et</strong>roleum exploration of the Moroccan<br />

sedimentary basins, by ONHYM’s own<br />

means, was carried out in <strong>2008</strong> and was<br />

characterized by the implementation of the<br />

following geological and geophysical works :<br />

• Acquisition of the remaining 3D seismic<br />

program on Meskala-Toukimt zone, covering<br />

a surface of 161 sq km over 185 sq km ;<br />

Activity <strong>Report</strong> <strong>2008</strong><br />

Hydrocarbon licensing<br />

Compared to the year 2007, the license and<br />

acreage awarding for hydrocarbon exploration<br />

registered in <strong>2008</strong> an important increase of<br />

89 %. Onshore, more than 90 % of the surface<br />

open to exploration were covered by exploration<br />

permits or reconnaissance contracts.<br />

By the end of <strong>2008</strong>, the licensing domain is<br />

broken down as follows :<br />

Designation ONHYM Partnership Area sq km<br />

Onshore exploration permits 13 25 184.90<br />

Onshore exploration permits 52 90 136.49<br />

Offshore exploration permits 41 73 164.77<br />

Onshore reconnaissance licenses 7 128 182.80<br />

Offshore reconnaissance licenses 1 4 921.50<br />

Exploitation concessions 6 98.51<br />

Exploitation concessions 4 18.85<br />

Total 321 707.82<br />

11


12<br />

Safi-Ifni offshore<br />

• Objectives : Jurassic, Cr<strong>et</strong>aceous and Tertiary<br />

• P<strong>et</strong>roleum reevaluation<br />

• Promotion<br />

ONHYM’S EXPLORATION WORKS IN <strong>2008</strong><br />

ATLANTIC OCEAN<br />

1<br />

<strong>Office</strong> <strong>National</strong> <strong>des</strong> <strong>Hydrocarbures</strong> <strong>et</strong> <strong>des</strong> <strong>Mines</strong><br />

3<br />

2<br />

MAURITANIA<br />

Boujdour onshore<br />

• Objectives : Cr<strong>et</strong>aceous and Tertiary<br />

• Seismic processing of 530 Km of 2D seismics<br />

• Seismic interpr<strong>et</strong>ation<br />

• Definition of play concepts and leads<br />

MEDITERRANEAN SEA<br />

ALGERIA<br />

Meskala-Toukimt<br />

• Objectives : Triassic and Jurassic<br />

• Acquisition of 3D seismics (161 sq Km)<br />

• Seismic processing of 185 sq Km<br />

• Studies and development


• Processing of new 2D seismic data on<br />

Boujdour (530 km), and 3D seismic data on<br />

Essaouira basin (185 sq Km) ;<br />

• Assessment of Boujdour onshore basin<br />

p<strong>et</strong>roleum potential, highlighting especially<br />

the potential play concepts and leads ;<br />

• 2D and 3D seismic interpr<strong>et</strong>ation on stations<br />

and geochemical and geological modeling<br />

aimed at assessing the p<strong>et</strong>roleum potential<br />

of the various areas under study.<br />

Evaluation surveys<br />

By its own means,ONHYM has carried out<br />

three projects started in the previous year, on<br />

Boujdour coastal areas and Meskala-Toukimt<br />

onshore fields, and on the offshore segments<br />

b<strong>et</strong>ween Safi and Ifni.<br />

Regional reconnaissance on Boujdour coastal<br />

zones<br />

This project, which was launched to d<strong>et</strong>ermine<br />

the p<strong>et</strong>roleum potential of Boujdour Meso-<br />

Cenozoic basin, has focused on p<strong>et</strong>rographical,<br />

p<strong>et</strong>rophysical and logging analyses,<br />

geochemical and geological modelling that<br />

confirmed the development of source rocks<br />

and reservoirs in Boujdour coastal areas.The<br />

interpr<strong>et</strong>ation of 530 km of 2D seismic data<br />

newly acquired on these regions, has led to<br />

the mapping of fault bounded and associated<br />

to amplitude anomalies within the Cr<strong>et</strong>aceous<br />

series. The integration of all available geological<br />

and geophysical data has helped to define<br />

potential play concepts and leads at the level<br />

of Lower and Upper Cr<strong>et</strong>aceous formations.<br />

The drilling of a stratigraphic well, scheduled for<br />

2009, will be located on the best structure to<br />

Activity <strong>Report</strong> <strong>2008</strong><br />

test objectives of Upper Cr<strong>et</strong>aceous and define<br />

the p<strong>et</strong>roleum systems of the Jurassic and<br />

Lower Cr<strong>et</strong>aceous sequences in this area.<br />

Appreciation and development of Meskala<br />

and Toukimt fields<br />

The acquisition and processing of 185 sq km<br />

of 3D seismics, started at the end of 2007 on<br />

Meskala and Toukimt fields, was compl<strong>et</strong>ed in<br />

<strong>2008</strong>. The ongoing interpr<strong>et</strong>ation of these data<br />

aims at defining new promising blocks and<br />

assessing the distribution of producing Triassic<br />

and Jurassic reservoirs.<br />

On the other hand, a new sedimentology and<br />

diagenesis study, focused on carbonates from<br />

the Callo-Oxfordian, contributed to gain a b<strong>et</strong>ter<br />

comprehension of the characteristics of these<br />

reservoirs.<br />

Play concept controls of Safi-Ifni offshore<br />

segment<br />

3D seismic data on deep zones and 2D data<br />

on shallow zones were interpr<strong>et</strong>ed. The field<br />

geological studies and additional geochemical<br />

analyses were carried out with the help of 3<br />

consulting experts. These works have permitted<br />

to highlight other play concepts and prospects<br />

13


and to outline the main trends of Cr<strong>et</strong>aceous<br />

and Tertiary reservoirs distribution.<br />

Promotion<br />

As part of actions aimed at promoting the<br />

Moroccan sedimentary basins to worldwide<br />

p<strong>et</strong>roleum industry, ONHYM’s work efforts<br />

have largely concentrated on the Atlantic<br />

offshore segment. In this regard, ONHYM has<br />

attended 9 international events, among which<br />

APEX, NAPE, NATC, AAPG annual convention,<br />

Offshore Technology Conference, EAGE, WPC,<br />

AAPG international convention and SEG.<br />

This work effort was crowned with the signature<br />

of 3 reconnaissance licenses : «Haut Atlas»,<br />

«Missour Ouest» and «Essaouira Shallow<br />

Offshore» and 2 p<strong>et</strong>roleum agreements on<br />

Bas Draa and Essaouira Deep Offshore. On<br />

the other hand, negotiations are under way on<br />

blocks off Agadir.<br />

14<br />

Partners’ activity<br />

The exploration activity of Onhym’s partners, in<br />

<strong>2008</strong>, was marked by a notable increase, mainly<br />

onshore. The main activities are summarized as<br />

follows :<br />

• The implementation of two airborne<br />

magn<strong>et</strong>ic/ gravity surveys totaling 64 351<br />

km on Boudenib, Ouarzazate and Zag-Bas<br />

Draa basins and of a d<strong>et</strong>ailed continental<br />

gravim<strong>et</strong>ric coverage of 2578 stations on<br />

Boudenib ;<br />

• The acquisition of 2 431.5 km of 2D seismic<br />

data (1 480 km offshore and 951.5 km<br />

onshore) and 325 sq km of 3D seismic<br />

onshore ;<br />

<strong>Office</strong> <strong>National</strong> <strong>des</strong> <strong>Hydrocarbures</strong> <strong>et</strong> <strong>des</strong> <strong>Mines</strong><br />

• The drilling of 4 wells, RSC-1 on Rabat-Salé<br />

Haute Mer permits, ONZ-6 and CGD-9 on<br />

Sebou permit and FES-1 on Fès permit ;<br />

• The finalization of geological and geophysical<br />

studies and interpr<strong>et</strong>ations led to preparation<br />

of platforms of several drilling that will be<br />

conducted early 2009 (Anchois on Tanger–<br />

Larache permit), TAJ-1 on Bouanane,<br />

OZW-1, OZW-2 on Tissa-Ouezzane, KSR-8,<br />

CGD-10, CGD-11 and ONZ-7 on Sebou and<br />

HR-33 to 36 on Tselfat permit.<br />

Offshore zones<br />

Tanger – Larache permits (Repsol / Dana /<br />

Gas Natural)<br />

The encouraging results of the economic and<br />

feasibility study have enabled Repsol Company<br />

and its associates to drill their first well on<br />

Anchois prospect. Drilling is expected to take<br />

place, in January 2009.<br />

Rabat-Salé Haute Mer permits (P<strong>et</strong>ronas)<br />

The Malaysian company P<strong>et</strong>ronas has<br />

executed, over the period ranging from January<br />

5, <strong>2008</strong> to February 10, <strong>2008</strong>, the drilling of<br />

RSC-1 well, located offshore Rabat-Salé at a


water depth of 2 187 m, and has reached the<br />

final depth of 4 217 m.<br />

Stratigraphical, geochemical and seismic<br />

reinterpr<strong>et</strong>ation analyses, provided within the<br />

framework of a ‘postmortem’ study are being<br />

finalized in an effort to redirect the future<br />

exploration works in this zone.<br />

Casablanca offshore permits (MPE)<br />

Play concepts and Paleozoic prospects have<br />

been defined in this segment. A new agreement<br />

is under negotiation to carry on with the<br />

evaluation of the oil potential in these zones.<br />

Loukos offshore permit (MPE)<br />

The geological and geophysical studies and<br />

interpr<strong>et</strong>ations have led to the highlighting of<br />

Mesozoic and Tertiary oil play concepts and<br />

prospects.<br />

Other exploration works, on the Atlantic offshore<br />

permits, are under negotiation and will lead to a<br />

new agreement.<br />

Safi offshore Nord Ouest permits (Statoil-<br />

Hydro / Dana)<br />

The promotion survey and the data room<br />

organized by the Statoil-Hydro / Dana companies<br />

did not attract other associates to share the<br />

drilling risk in these permits. The region was<br />

finally abandoned and will be integrated as part<br />

of the promotion of free zones in 2009.<br />

Agadir Maritime permits (GBP)<br />

The interpr<strong>et</strong>ation of the reprocessed 2D<br />

seismic data and the integration of the results<br />

Activity <strong>Report</strong> <strong>2008</strong><br />

of geological and geochemical surveys have<br />

led to the definition of potential structures. A 3D<br />

seismic program of 100 sq km is scheduled in<br />

2009 to b<strong>et</strong>ter define the promising prospects.<br />

Tarfaya Shallow permits (Maersk)<br />

Two large- size prospects in the Jurassic platform<br />

have been mapped based on the interpr<strong>et</strong>ation<br />

of 3D seismic data. The promotion survey and<br />

the data room organized by the company did<br />

not arouse the interest of other partners to<br />

share the risk of the first drilling in these permits.<br />

As a result, the Tarfaya Shallow permits were<br />

abandoned.<br />

Ras Juby permit (Genting)<br />

The estimation of the potential and recoverable<br />

reserves, in Cap Juby structure, has been<br />

finalized. The economic feasibility survey and<br />

research for partners to share the drilling risk<br />

are underway.<br />

Boujdour offshore permits (Kosmos)<br />

The American company Kosmos has acquired,<br />

reprocessed and interpr<strong>et</strong>ed 1 480 km of 2D<br />

seismic data. New promising prospects have<br />

been defined and a new 3D seismic coverage<br />

of 2000 sq km, scheduled at the beginning of<br />

2009, will help specify and classify by order of<br />

priority the p<strong>et</strong>roleum targ<strong>et</strong>s in these permits.<br />

Onshore zones<br />

Ouezzane-Tissa permits (TransAlantic / Direct<br />

/ Anschutz / Longe)<br />

Following the encouraging results of the<br />

interpr<strong>et</strong>ation of geophysical data, these partners<br />

15


scheduled the drilling of two exploration wells<br />

OZW-1 and OZW-2. Preparations for the drilling<br />

platform of OZW-1 well are underway. The first<br />

well will be drilled in early 2009 in an effort to<br />

test the Jurassic objectives, in the Western<br />

Prerif basin ; simultaneously, a new ADD-HR<br />

campaign of 605 measure stations coupled<br />

with an additional geochemical survey, aimed at<br />

exploring other potential zones in these permits,<br />

is underway.<br />

Asilah permits (TransAlantic / Direct /<br />

Anschutz / Longe)<br />

Towards the end of <strong>2008</strong>, these partners<br />

acquired a new 2D seismics coverage totaling<br />

200.5 km. The processing of these data is<br />

underway.<br />

Gharb Centre and Gharb Sud permits (Cabre)<br />

Exploration works in the region included the<br />

acquisition and processing of 210 km of<br />

new 2D seismics aimed at highlighting new<br />

anomalies and specifying some gas prospects.<br />

Fès permit (Cabre)<br />

As part of its commitments over this permit,<br />

Cabre Company started, on 26 September<br />

16<br />

<strong>Office</strong> <strong>National</strong> <strong>des</strong> <strong>Hydrocarbures</strong> <strong>et</strong> <strong>des</strong> <strong>Mines</strong><br />

<strong>2008</strong>, the drilling of FES-1 well. As of December<br />

31, <strong>2008</strong>, the drilling has reached a depth of<br />

2 807 m at the level of a Miocene series. Gas<br />

shows have been encountered at the level of<br />

this Tertiary sequence. The drilling will continue,<br />

in 2009, to reach the expected final depth of<br />

3 800 m.<br />

Moulay Bousselham permit (Heyco)<br />

A postmortem survey on MED-1 well was<br />

compl<strong>et</strong>ed and enabled to direct exploration<br />

works towards gas targ<strong>et</strong>s, at the level of post<br />

nappe Tertiary. In this regard, ONHYM and<br />

Heyco undertook new negotiations aimed at<br />

defining a minimum work program over this<br />

permit.<br />

Sebou permit (Circle Oil)<br />

Circle Oil acquired at the beginning of <strong>2008</strong> an<br />

additional 3D seismics of 90 sq km covering<br />

Sebou permit by 145 sq km of 3D seismic<br />

data. Likewise, the company conducted a<br />

2D seismic survey of 57 km on the same<br />

permit. The interpr<strong>et</strong>ation of 3D seismics led<br />

to the identification of more than 80 potential<br />

anomalies.<br />

The first wells ONZ-6 and CGD-9, drilled<br />

b<strong>et</strong>ween, 26 September and 19 October<br />

and b<strong>et</strong>ween 4 and 24 November <strong>2008</strong>,<br />

respectively, enabled to show mo<strong>des</strong>t biogenic<br />

gas accumulations. The recoverable reserves<br />

are under evaluation by long-term tests.<br />

The platform of the third well KSR-8, scheduled<br />

in <strong>2008</strong>, was prepared but the bad weather<br />

conditions postponed the start of the drilling<br />

until January 2009. Preparations of platforms of<br />

the three other wells were launched.


Tselfat permit (TransAtlantic)<br />

This American company acquired 175 sq km of<br />

3D seismic data in early <strong>2008</strong>. The conclusive<br />

results of geological and geophysical studies<br />

have led to the positioning of 4 wells HR 33-34-<br />

35 and 36, with a depth of about 1000 m each<br />

on Haricha zone. The drillings are expected to<br />

be implemented in 2009.<br />

Tendrara permits (MPE)<br />

MPE works on these permits focused on long<br />

term tests of TE-5 well and on the interpr<strong>et</strong>ation<br />

of reprocessed 2D seismic data. New play<br />

concepts and Triassic p<strong>et</strong>roleum prospects<br />

have been delineated on the north western<br />

zones.<br />

Ounara Est and Ouest permits (MPE)<br />

Following the reprocessing and interpr<strong>et</strong>ation<br />

of older seismic data, new play concepts have<br />

been developed and new Triassic and Jurassic<br />

prospects have been identified. A work program<br />

is under negotiation in view of concluding a new<br />

agreement.<br />

Missour Est reconnaissance zone (MPE)<br />

In this zone, MPE Company carried on seismic<br />

processing to compl<strong>et</strong>e the p<strong>et</strong>roleum potential<br />

evaluation.<br />

Missour Ouest reconnaissance zone (MND)<br />

MND started the first field surveys bearing on<br />

sedimentological studies and geochemical<br />

analyses and is now reprocessing the older<br />

seismic data.<br />

Activity <strong>Report</strong> <strong>2008</strong><br />

Boudenib permit and Ouarzazate<br />

reconnaissance zone (MND)<br />

MND acquired 45 562 km of airborne magn<strong>et</strong>ic/<br />

gravity lines followed by the implementation<br />

of a d<strong>et</strong>ailed land gravim<strong>et</strong>ric survey of 2 578<br />

stations.<br />

On the other hand, MND undertook the<br />

processing of 2 443 km of 2D seismic lines<br />

covering Boudenib and Ouarzazate basins.<br />

The interpr<strong>et</strong>ation of magn<strong>et</strong>ic, gravim<strong>et</strong>ric and<br />

seismic data is under way.<br />

Tadla and Haut Atlas reconnaissance zone<br />

(Hunt Oil)<br />

Hunt Oil acquired in Tadla zone, on the<br />

northern borders of the High Atlas, 60 sq km<br />

of 3D seismic data. The preliminary results<br />

arising from the interpr<strong>et</strong>ation of these data<br />

proved encouraging. On the High Atlas<br />

reconnaissance zone, works included the<br />

structural interpr<strong>et</strong>ation of satellite images and<br />

field geological surveys in an effort to define<br />

the tectonic style and the compounds of the<br />

p<strong>et</strong>roleum system in the region.<br />

17


Doukkala-Abda reconnaissance zone (ENI)<br />

ENI acquired, in early <strong>2008</strong>, a 2D seismic<br />

campaign totaling 484 km.The processing of<br />

these data and the reprocessing of 1 000 km<br />

of old seismic lines is underway. Geochemical<br />

analyses, based on fluid inclusion technology,<br />

confirmed the hydrocarbon impregnation<br />

of Paleozoic reservoirs. Other additional<br />

geochemical works, relating to Triassic reservoirs<br />

have been implemented.<br />

Ouest Souss onshore reconnaissance zone<br />

(GBP)<br />

The reprocessing and interpr<strong>et</strong>ation of 2D<br />

seismic data, integrated with geological and<br />

geochemical surveys permitted to highlight the<br />

p<strong>et</strong>roleum potential in this frontier zone. These<br />

positive results encouraged GBP to undertake<br />

negotiations for a minimum work program to<br />

carry on the exploration of this region.<br />

Bas Draa permit (P<strong>et</strong>rocanada/ RWE)<br />

Following the encouraging results of geological,<br />

geochemical and magn<strong>et</strong>ic/gravity surveys, this<br />

reconnaissance zone was converted into an<br />

exploration permit. The acquisition of 1 400 km<br />

of 2D seismics was scheduled and preparations<br />

for the undertaking of this survey started at the<br />

end of <strong>2008</strong>.<br />

Zag basin reconnaissance zone (San Leon<br />

Energy / Island Oil & Gas / GB Oil & Gas)<br />

San Leon Energy and its partners carried out<br />

airborne magn<strong>et</strong>ic surveys totaling 18 789 km.<br />

The processing and interpr<strong>et</strong>ation of these<br />

data highlighted the hydrocarbon potential of<br />

18<br />

<strong>Office</strong> <strong>National</strong> <strong>des</strong> <strong>Hydrocarbures</strong> <strong>et</strong> <strong>des</strong> <strong>Mines</strong><br />

Paleozoic structures in this frontier zone. These<br />

partners expressed their interest in carrying on<br />

exploration works in these regions within the<br />

framework of a new work program.<br />

Tarfaya onshore permits (Island Oil & Gas /<br />

San Leon Energy / Longreach)<br />

The first evaluation works of the p<strong>et</strong>roleum<br />

potential on these permits concentrated on<br />

the reprocessing of old seismic data and the<br />

synthesis of former works and existing studies.<br />

Haha permits (PEL)<br />

The field studies conducted, tog<strong>et</strong>her with<br />

seismic and gravity reprocessing works, showed<br />

play concepts at the level of the Paleozoic and<br />

Triassic. A 2D or 3D seismic campaign is under<br />

negotiation and will be carried out in 2009.<br />

Bouanane permit (Dana / T<strong>et</strong>hys / Eastern)<br />

Gravity and magn<strong>et</strong>ic modelling and<br />

interpr<strong>et</strong>ation of reprocessed PSTM seismic<br />

data confirmed and specified the closures of<br />

Tafejjart structure. TAJ-1 well was spudded on<br />

this prospect and preparations of the platform<br />

and access roads are underway. The well is<br />

scheduled for February 2009.<br />

Guercif Est and Ouest permits (TransAtlantic /<br />

Stratic / Longe)<br />

Works carried out on these permits mainly<br />

concentrated on the re-entry of MSD-1 well.<br />

Log operations and tests on potential zones,<br />

at the Jurassic level, were carried out by the<br />

end of <strong>2008</strong>. No inflow of hydrocarbons, in the<br />

tested levels, was established.


KOSMOS (Boujdour offshore)<br />

Acquisition of 1 480 Km of 2D seismics<br />

PARTNERS’ EXPLORATION WORKS IN <strong>2008</strong><br />

TRANSATLANTIC/DIRECT/ANSCHUTZ/LONGE (Tissa-Ouezzane)<br />

Acquisition of 58 stations ADD-HR<br />

TRANSATLANTIC/DIRECT/ANSCHUTZ/LONGE (Asilah)<br />

Acquisition of 200,5 Km of 2D seismics<br />

PETRONAS (Rabat-Salé)<br />

Drilling of a well RSC-1 (FD : 4 217 m)<br />

CABRE (Gharb Centre and South)<br />

Acquisition of 210 Km of 2D seismics<br />

ATLANTIC OCEAN<br />

CIRCLE OIL (Sebou)<br />

Acquisition of 90 Km2 of 3D seismics<br />

and 57 Km of 2D seismics<br />

Drilling of 2 wells : ONZ-6 (FD : 1 000 m)<br />

and CDG-9 (FD : 975 m)<br />

99I 100<br />

116<br />

114 Agadir<br />

adir<br />

115<br />

163<br />

167<br />

Tarfaya<br />

161 162 164 166 169<br />

El Aioun<br />

79<br />

82<br />

85<br />

81<br />

83<br />

80<br />

Boujdour<br />

84<br />

86 87<br />

88 89<br />

90<br />

92<br />

91<br />

93 94<br />

151<br />

153<br />

152<br />

154<br />

155<br />

108<br />

156<br />

78<br />

157<br />

117<br />

118<br />

119<br />

120<br />

121<br />

122<br />

123<br />

124<br />

125<br />

95<br />

98 96<br />

126<br />

127<br />

128<br />

129<br />

97<br />

ENI (Doukkala)<br />

Acquisition of 484 Km of 2D seismics<br />

104<br />

Ifni<br />

165<br />

MAURITANIA<br />

Activity <strong>Report</strong> <strong>2008</strong><br />

168<br />

CABRE (Fès)<br />

Drilling of Fès-1 well under way-Depth<br />

reached 2807 m<br />

T<strong>et</strong>ouan<br />

48<br />

130<br />

Nador<br />

131<br />

47 49<br />

Al Hoceima<br />

52 60 109<br />

56 53 12 101 110 111<br />

55<br />

106<br />

54<br />

58<br />

103<br />

57<br />

105 112 113 150 149<br />

59 RABAT 102<br />

160<br />

13 14<br />

Tanger<br />

Casablanca<br />

15<br />

10<br />

Safi 107<br />

135<br />

135<br />

171<br />

172 17 16 Marrakech<br />

173 170 132<br />

174<br />

133<br />

134<br />

Ouarzazate<br />

SLE/LOG/GB OIL AND GAS (Zag Basin)<br />

Carrying out of 18 789 Km of airborne magn<strong>et</strong>ic data<br />

148<br />

TRANSATLANTIC (Tselfat)<br />

Acquisition of 175 Km2 of 3D seismics<br />

159<br />

MEDITERRANEAN SEA<br />

158<br />

6<br />

Melilla<br />

7<br />

Nador<br />

Oujda<br />

51<br />

50<br />

11<br />

8<br />

9<br />

ALGERIA<br />

MND (Boudnib and Ouarzazate) Acquisition<br />

of 45 562Km of airborne magn<strong>et</strong>ic/gravity data<br />

and 2578 stations of land gravity<br />

HUNT OIL (Tadla)<br />

Acquisition of 60 Km2 of 3D seismics<br />

136<br />

140 141 142<br />

138 1 137<br />

139<br />

143<br />

144<br />

145<br />

146<br />

147<br />

TRANSATLANTIC /STRATIC/LONGE<br />

(Guercif East and West)<br />

Workovers on MSD-1 well<br />

19<br />

137<br />

138


Geophysical activity<br />

Permit/<br />

reconnaissance<br />

zone (RZ)<br />

Meskala-Toukimt<br />

concession<br />

Boujdour offshore<br />

permits<br />

Ouezzane Tissa<br />

permits<br />

Asilah permits<br />

Gharb Centre and<br />

Sud permits<br />

20<br />

Company<br />

2D<br />

seismics<br />

(Km)<br />

3D<br />

seismics<br />

(Sq km)<br />

ONHYM 161<br />

Kosmos 1 480<br />

TransAlantic/Direct<br />

/Anschutz/Longe<br />

TransAlantic/<br />

Direct /Anschutz/<br />

Longe<br />

200.5<br />

Cabre 210<br />

Sebou permit Circle Oil 57 90<br />

Tselfat permit TransAlantic 175<br />

Boudenib permits<br />

and Ouarzazate RZ<br />

<strong>Office</strong> <strong>National</strong> <strong>des</strong> <strong>Hydrocarbures</strong> <strong>et</strong> <strong>des</strong> <strong>Mines</strong><br />

ADD-HR<br />

(Stations)<br />

58<br />

Airborne<br />

gravity and<br />

magn<strong>et</strong>ic<br />

(Km)<br />

Land<br />

gravim<strong>et</strong>ry<br />

(Stations)<br />

MND 45 562 2 578<br />

Tadla RZ Hunt Oil 60<br />

Doukkala-Abda RZ ENI 484<br />

Zag basin RZ<br />

San Leon Energy,<br />

Island Oil & Gas<br />

and GB Oil & Gas<br />

18 789<br />

Total 2 431.5 486 58 64 351 2 578<br />

Drilling activity<br />

Permit Company Drilling Final interval (m) Dates<br />

Rabat-Salé Haute Mer P<strong>et</strong>ronas RSC-1 4 217<br />

Sebou Circle Oil<br />

SUMMARY OF WORKS IMPLEMENTED IN <strong>2008</strong><br />

ONZ-6 1 000<br />

CGD-9 975<br />

Fès Cabre FES-1 2 807<br />

From 02 January to 10<br />

February <strong>2008</strong><br />

From 26 September to 19<br />

October <strong>2008</strong><br />

From 04 to 24 November<br />

<strong>2008</strong><br />

From 26 September to 31<br />

December <strong>2008</strong>


PETROLEUM PARTICIPATIONS & COOPERATION<br />

In <strong>2008</strong>, ONHYM undertook several proactive<br />

promotion actions and contacts with p<strong>et</strong>roleum<br />

companies that led to the conclusion of the<br />

following :<br />

• Two new p<strong>et</strong>roleum agreements ;<br />

• Three reconnaissance contracts for the<br />

exploration and exploitation of conventional<br />

hydrocarbons ;<br />

P<strong>et</strong>roleum agreements<br />

ONHYM’s partners<br />

Canamens Energy<br />

Morocco<br />

P<strong>et</strong>roCanada<br />

exploration Morocco,<br />

RWE DEA AG<br />

Number of<br />

permits<br />

4 exploration<br />

permits<br />

“Essaouira Deep<br />

Offshore’’ 1 to 4<br />

10 exploration<br />

permits<br />

«Bas Draa 1 to<br />

10»<br />

Reconnaissance contracts<br />

ONHYM’s partners Zone<br />

Canamens Energy<br />

Morocco SARL<br />

Hunt Overseas Oil<br />

Company<br />

«Essaouira Shallow<br />

Offshore»<br />

Activity <strong>Report</strong> <strong>2008</strong><br />

• Eight amendments to p<strong>et</strong>roleum agreements ;<br />

• Five addenda to reconnaissance contracts ;<br />

• A deed of assignment ;<br />

• A cooperation agreement ;<br />

• A grant agreement.<br />

Zone validity Area sq km Works committed<br />

«Essaouira Deep<br />

Offshore»<br />

«Bas Draa»<br />

Initial<br />

validity period<br />

1 year and 6<br />

months<br />

2 years and<br />

6 months<br />

12 months 4 921.5<br />

«Haut Atlas» 12 months 22 875<br />

MND Morocco Ltd «Missour Ouest» 12 months 13 086.9<br />

6 808.5<br />

19 951<br />

2D seismic survey,<br />

electromagn<strong>et</strong>ic<br />

modelling of seabed<br />

and geological and<br />

geophysical studies<br />

Geological work and<br />

2D seismic survey<br />

Area sq km Works committed<br />

2D seismic survey,<br />

electromagn<strong>et</strong>ic modelling of<br />

seabed and geological and<br />

geophysical studies<br />

Geological and geophysical<br />

studies<br />

Geological and geophysical<br />

studies<br />

21


22<br />

Amendments to p<strong>et</strong>roleum agreements<br />

ONHYM’s partners Zone Amendments Description<br />

TransAtlantic Morocco Ltd,<br />

Stratic Exploration Morocco Ltd<br />

Longe Energy Ltd<br />

Direct P<strong>et</strong>roleum Morocco Inc.<br />

Anschutz Morocco Corporation<br />

TransAtlantic Morocco Ltd,<br />

Stratic Exploration Morocco Ltd<br />

Longe Energy Ltd<br />

Direct P<strong>et</strong>roleum Morocco Inc<br />

Anschutz Morocco Corporation<br />

TransAtlantic Morocco Ltd,<br />

Stratic Exploration Morocco Ltd<br />

Longe Energy Ltd<br />

Guercif<br />

Asilah<br />

Ouezzane-Tissa<br />

Genting Oil Morocco Ltd Ras Juby Offshore<br />

Kosmos Energy Offshore<br />

Morocco HC<br />

P<strong>et</strong>ronas Carigali Overseas SDN<br />

BHD<br />

Statoil Hydro Morocco AS, Dana<br />

P<strong>et</strong>roleum (E&P) Ltd<br />

Repsol Exploracion SA<br />

Dana P<strong>et</strong>roleum (E&P) Ltd<br />

Gas Natural Exploracion SL<br />

Boujdour Offshore<br />

Rabat Salé Haute Mer<br />

Safi Nord Ouest<br />

Tanger-Larache Offshore<br />

Amendment n° 1 to<br />

“Guercif” p<strong>et</strong>roleum<br />

agreement<br />

Amendment n° 1 to<br />

“Asilah” p<strong>et</strong>roleum<br />

agreement<br />

Amendment n° 1 to<br />

“Ouezzane-Tissa”<br />

p<strong>et</strong>roleum agreement<br />

Amendment n° 1 to “Ras<br />

Juby Offshore” p<strong>et</strong>roleum<br />

agreement<br />

Amendment n° 1 to<br />

“Boujdour Offshore”<br />

p<strong>et</strong>roleum agreement<br />

Amendment n° 2 to “Rabat<br />

Salé Haute Mer” p<strong>et</strong>roleum<br />

agreement<br />

Amendment n° 1 to “Safi<br />

Nord Ouest” p<strong>et</strong>roleum<br />

agreement<br />

Amendment n° 1 to<br />

“Tanger-Larache Offshore”<br />

p<strong>et</strong>roleum agreement<br />

<strong>Office</strong> <strong>National</strong> <strong>des</strong> <strong>Hydrocarbures</strong> <strong>et</strong> <strong>des</strong> <strong>Mines</strong><br />

Substitution of Sphere<br />

P<strong>et</strong>roleum QSC by<br />

Longe Energy Ltd<br />

Amendment following the<br />

transfer of 50 % of Direct<br />

and Anschutz parts of<br />

interest to TransAtlantic<br />

and Longe<br />

Amendment following the<br />

transfer of 50 % of Direct<br />

and Anschutz interest<br />

parts to TransAtlantic and<br />

Longe<br />

Extension of the initial<br />

validity period of the<br />

permit for 6 months.<br />

Extension of the initial<br />

validity period of the<br />

permits for 6 months<br />

Extension of the initial<br />

validity period of the<br />

permits for 6 months<br />

Extension of the initial<br />

validity period of the<br />

permits for 12 months<br />

Amendment following<br />

the transfer of 24 % of<br />

Repsol parts of interest<br />

to Gas Natural


Addenda to reconnaissance contracts<br />

ONHYM’s partners Zone Addenda Description<br />

Eni Morocco BV Doukkala-Abda<br />

MND Morocco Ltd Ouarzazate<br />

Maghreb P<strong>et</strong>roleum Exploration<br />

SA “MPE”<br />

Hunt Overseas Oil Company Tadla<br />

Longreach Oil and gas Ventures<br />

Ltd<br />

San Leon Morocco Ltd<br />

Island International Exploration<br />

Morocco<br />

Other agreements<br />

Circle Oil<br />

Signature of a deed of assignment b<strong>et</strong>ween<br />

Circle Oil and ONHYM through which ONHYM<br />

transfers 60 % of the undivided interest of the<br />

<strong>Office</strong> in “Oulad N’Zala” concession to Circle<br />

Oil.<br />

RWE DEA AG<br />

Signature of an agreement for cooperation<br />

and data exchange for the study of Tarfaya<br />

– Laayoune basin. This agreement was<br />

concluded under a partnership b<strong>et</strong>ween RWE<br />

and 4 German training Institutes.<br />

USTDA<br />

Missour Est<br />

Zag basin<br />

Signature of a Grant Agreement b<strong>et</strong>ween<br />

Activity <strong>Report</strong> <strong>2008</strong><br />

Addendum n° 2 to<br />

“Doukkala-Abda”<br />

reconnaissance contract<br />

Addendum n° 1<br />

to “Ouarzazate”<br />

reconnaissance contract<br />

Addendum n° 1<br />

to “Missour Est”<br />

reconnaissance contract<br />

Addendum n° 1 to “Tadla”<br />

reconnaissance contract<br />

Addendum n° 1 to “Zag<br />

Basin” reconnaissance<br />

contract<br />

Extension of the initial validity<br />

period of the reconnaissance<br />

license for 10 months<br />

Extension of the initial validity<br />

period of the reconnaissance<br />

license for 6 months<br />

Extension of the initial validity<br />

period of the reconnaissance<br />

license for 12 months<br />

Extension of the initial validity<br />

period of the reconnaissance<br />

license for 12 months<br />

Extension of the initial validity<br />

period of the reconnaissance<br />

license for 12 months<br />

ONHYM and USTDA (US Trade and<br />

Development Agency). Under this agreement,<br />

USTDA grants ONHYM US$ 331 581 that will<br />

serve for a partial financing of a study project<br />

relating to data management and investment<br />

promotion in upstream p<strong>et</strong>roleum and mineral<br />

development.<br />

23


PETROLEUM DRILLINGS & PRODUCTION<br />

24<br />

P<strong>et</strong>roleum drillings<br />

In <strong>2008</strong>, drilling works concentrated on the<br />

preparation of H.1700 N°II rig at the base<br />

of El Hanchane, in expectation of the works<br />

scheduled for the year 2009, especially the<br />

implementation of MKL-102 workover, Boujdour<br />

stratigraphic well, and Meskala development<br />

well.<br />

On the other hand, ONHYM ensured several<br />

services related to equipment location and<br />

support for the partners operating in Morocco.<br />

Hydrocarbon production<br />

The national production of hydrocarbons<br />

reached 49.60 million standard cubic m<strong>et</strong>ers<br />

ONHYM’s production<br />

ONHYM / partners’ production<br />

<strong>Office</strong> <strong>National</strong> <strong>des</strong> <strong>Hydrocarbures</strong> <strong>et</strong> <strong>des</strong> <strong>Mines</strong><br />

for natural gas and 8 850 tons for condensate<br />

and crude oil, thereby recording a fall of 18 %<br />

for natural gas and 19 % for condensate and<br />

crude compared to the previous year. This fall is<br />

mainly due to the reduction of OCP withdrawals,<br />

especially during the last quarter of <strong>2008</strong> and<br />

the stop of production in OLB-1 well depl<strong>et</strong>ed<br />

during the year.<br />

Production / wells Condensate/Crude in tons Natural gas in standard cubic m<strong>et</strong>ers<br />

Total 7 323 33 755 810<br />

• AHF-1 / Cabre - 1 699 494<br />

• SAR-1 / Cabre - 4 275 370<br />

• OLB-1 / Samir - 8 077 175<br />

• ONZ-4 / Circle Oil - 1 790 248<br />

Total - 15 842 287<br />

Samir’s production<br />

Sidi Rhalam (RH-2) 1 527 -<br />

Total 1 527 -<br />

Grand total 8 850 49 598 097


Hydrocarbon mark<strong>et</strong>ing<br />

Despite the cuts recorded in the mark<strong>et</strong>ed<br />

volumes, the turnover knew only a slight fall of<br />

Fields / Deliveries<br />

Natural gas (Volumes in<br />

standard cubic m<strong>et</strong>ers)<br />

Volumes<br />

Activity <strong>Report</strong> <strong>2008</strong><br />

2 %, due to the increase in oil prices, especially<br />

during the first 9 months of <strong>2008</strong>.<br />

The table below shows these changes :<br />

Years<br />

<strong>2008</strong> 2007<br />

Value<br />

DH pre-tax<br />

Volumes<br />

Value<br />

DH pre-tax<br />

38 340 765 70 249 706 46 603 876 78 842 300<br />

- Essaouira / OCP 31 849 295 56 788 458 38 430 597 64 226 100<br />

- Gharb / CMCP 6 491 470 13 461 248 8 173 279 14 616 200<br />

Variation in % <strong>2008</strong>/2007 -17.73 -10.90<br />

Condensate / Samir<br />

(Volumes in tons)<br />

Variation in % <strong>2008</strong>/2007 -19.66 20.21<br />

7 135 37 338 957 8 881 31 060 600<br />

Total pre-tax revenues (in DH) 107 588 663 109 902 900<br />

Variation in % <strong>2008</strong>/2007 -2.11<br />

Exploitations<br />

ONHYM kept on providing exploitation services<br />

for its own account and for the account of its<br />

partners, especially Samir, Cabre and Circle<br />

Oil on the fields of OLB-1, SAR-1, AHF-1 and<br />

ONZ-4.<br />

Maghreb Europe Gas Pipeline<br />

(MEG)<br />

ONHYM has been <strong>des</strong>ignated as manager<br />

of the transit royalty of Algerian gas via the<br />

Moroccan territory (in replacement of SNPP).<br />

Representatives from ONHYM have taken part<br />

in the preparation of the following agreements :<br />

• State/ONE/ONHYM agreement for the use<br />

and exploitation of a gas pipeline passage<br />

connected to MEG with a view to supplying<br />

Renault project with natural gas ;<br />

• State/ONE agreement s<strong>et</strong>ting the terms and<br />

conditions for supplying Renault-Tanger plant<br />

with natural gas coming from the transit royalty<br />

and for taking in charge by the Moroccan<br />

State of upstream supply risks.<br />

ONHYM has, on the other hand, taken part<br />

in the Board of Directors works of M<strong>et</strong>ragaz<br />

Company.<br />

25


OIL SHALE<br />

In accordance with ONHYM’s strategy for oil<br />

shale development, the activity in <strong>2008</strong> focused<br />

on the following :<br />

Study of a new legal and fiscal<br />

framework<br />

As part of its new strategy, ONHYM is working<br />

on the development of an appropriate legal<br />

framework for the development of oil shale.<br />

One (national office of electricity)<br />

project<br />

As part of ONHYM / ONE partnership, the latter<br />

has carried on its consultations with specialized<br />

companies for the construction of a pilot<br />

thermal plant using Tarfaya oil shale. Thus, for<br />

a best optimization of the project, the capacity<br />

of the plant will be 100 MW instead of 20 MW<br />

expected initially.<br />

26<br />

P<strong>et</strong>robras/Total agreement<br />

The first phase of the estimated work program<br />

has been compl<strong>et</strong>ed ; the ‘P<strong>et</strong>rosix’ process<br />

has been tested on fresh core samples from<br />

Timahdit. The second phase of the project<br />

has also started with the gathering of the data<br />

necessary to the environmental impact study.<br />

San leon<br />

<strong>Office</strong> <strong>National</strong> <strong>des</strong> <strong>Hydrocarbures</strong> <strong>et</strong> <strong>des</strong> <strong>Mines</strong><br />

San Leon Company has a keen interest in the<br />

deep strata of Tarfaya oil shale deposit and has<br />

concluded a confidentiality agreement for the<br />

testing of the data available in this zone.<br />

Xtract energy<br />

Signature of a MoU of two-year extensible<br />

validity, for the feasibility study and evaluation of<br />

oil shale in “Tarfaya 1” permit.<br />

Eesti energia<br />

Signature with the Estonian national company<br />

of a confidentiality agreement on oil shale in<br />

Tarfaya onshore zone.


MINING EXPLORATION<br />

The year <strong>2008</strong> was marked by the diversification<br />

of the research themes and the concentration<br />

of the works on the most promising areas,the<br />

strengthening of the conceptual targ<strong>et</strong>ing to<br />

help emerge new objectives, and the renewal<br />

of the ISO 9001-version 2000 certification of<br />

the mines laboratories.<br />

During FY <strong>2008</strong>, the mining exploration works,<br />

carried out in a mining domain made up of 855<br />

permits, focused on 26 objectives distributed<br />

as follows : precious m<strong>et</strong>als (16), base m<strong>et</strong>als<br />

(8) and rocks and industrial minerals (2).<br />

As in the previous years, works were carried<br />

out on the most promising zones of the Anti-<br />

Atlas, Haut-Atlas and Jebil<strong>et</strong>s-Guemassa with<br />

a sustained research effort in the southern<br />

provinces. Globally, the interest shown in the<br />

projects of Azouggar N’Tilili (polym<strong>et</strong>allic-gold),<br />

Glibat Lafhouda and Twihinate (Fe, Nb, Ta, U<br />

and light rare earth elements) and gold structures<br />

of Lafwila was confirmed. A new prospect was<br />

also identified at Lamlaga (Fe, Nb, Ta, U and<br />

light rare earth elements).<br />

Following the conclusive results of the<br />

orientation study carried out on Azouggar N’Tilili<br />

(polym<strong>et</strong>allic-gold) project, an open invitation to<br />

bid was issued for the project transfer.<br />

Concerning the Mine laboratory activity, in<br />

addition to the production front, the year <strong>2008</strong><br />

was marked by the renewal of certification<br />

through a follow-up auditing, in accordance with<br />

ISO 9001 version 2000. It should be recalled<br />

that the certification was obtained in 2007.<br />

The results obtained by subject and project are<br />

as follows :<br />

Activity <strong>Report</strong> <strong>2008</strong><br />

Precious m<strong>et</strong>als<br />

Azouggar N’Tilili (Au, Pb, Zn, Ag)<br />

In Azouggar N’Tilili polym<strong>et</strong>allic-gold prospect,<br />

situated SW of Low Draa, at 50 km to the East<br />

of Tan Tan city, a synthesis of the results of all<br />

works carried out was prepared. The resources<br />

highlighted are estimated according to two<br />

variants : 452 500 t to 5.8 g/t Au ; 5.4 % Pb ;<br />

5.7 % Zn and 44.8 g/t Ag for an average<br />

thickness of 1.4 m or 1 105 600 t at 3.6 % Zn ;<br />

2.3 g/t Au ; 2.2 % Pb and 19 g/t Ag for an average<br />

thickness of 4 m. An international invitation<br />

to tender was issued for this project transfer.<br />

Glibat Lafhouda (Nb, Ta, Ree)<br />

In Glibat Lafhouda prospect, located at 75 km<br />

SW of Awserd, a geological survey over 10<br />

sq km at scale 1/1000 and a reconnaissance<br />

survey by gravim<strong>et</strong>ry over 10.2 sq km were<br />

conducted with a view of achieving the deep<br />

rootedness of massive carbonatite zones and<br />

iron oxi<strong>des</strong>.<br />

A second survey of 8 core drills totaling<br />

1 042 m was carried out in order to b<strong>et</strong>ter<br />

delineate the geom<strong>et</strong>ry of mineralized bodies.<br />

The results obtained so far are as follows :<br />

27


Name of drilling Nature of the surrounding Gra<strong>des</strong> and thickness<br />

GLS-7 Iron oxide<br />

GLS-8 Carbonatites<br />

GLS-9 Carbonatites<br />

GLS-10 Iron oxide<br />

Twihinate (Nb, Ta, U, Au, Fe)<br />

Twihinate prospect, located at about 250 km<br />

to the south of Dakhla, was discovered in<br />

2007. In this prospect, a geological survey<br />

at scale 1/1000 over an area of 6.25 sq km<br />

and a covering by gravim<strong>et</strong>ry were conducted<br />

in order to control the deep rootedness of<br />

mineralization. The surface sampling yielded<br />

gra<strong>des</strong> reaching 1.4 % Nb 2 O 5 and the sum of<br />

rare earth elements (La+Ce+Nd+Eu+Pr+Sm)<br />

generally ranges b<strong>et</strong>ween 0.5 and 1.5 % with a<br />

maximum of 6 % REE. The gra<strong>des</strong> of total iron<br />

are included b<strong>et</strong>ween 50 and 60 % and those<br />

of gold are indices (300 ppb).<br />

28<br />

<strong>Office</strong> <strong>National</strong> <strong>des</strong> <strong>Hydrocarbures</strong> <strong>et</strong> <strong>des</strong> <strong>Mines</strong><br />

0.79 % Nb 2 O 5 , 846 ppm Ta 2 O 5 , 1261 ppm U 3 O 8 ,<br />

4708 ppm REE and 43 % Fe 2 O 3 over 29 m.<br />

0.11 % Nb 2 O 5 , 44 ppm Ta 2 O 5 , 125 ppm U 3 O 8 , 1450<br />

ppm REE over 129 m.<br />

0.10 % Nb 2 O 5 , 46 ppm Ta 2 O 5 , 142 ppm U 3 O 8 over<br />

36.8 m.<br />

0.23 % Nb 2 O 5 , 182 ppm Ta 2 O 5 , 478 ppm U 3 O 8 , 2050<br />

ppm REE and 22,8 % Fe 2 O 3 over 52 m.<br />

Name of drilling Nature of the surrounding Gra<strong>des</strong> and thickness<br />

TWS1<br />

TWS5<br />

Iron oxide<br />

A survey of 6 core drills totaling 836.80 m<br />

was carried on. The most encouraging results<br />

were obtained on TWS1 and TWS5 drillings as<br />

follows :<br />

0.36 % Nb 2 O 5 ; 185 ppm U 3 O 8 and 54.4 % Fe 2 O 3<br />

over 16 m<br />

Iron oxide breccia 0.25 % Nb 2 O 5 and 194 ppm U 3 O 8 over 55.9 m<br />

Carbonatites 0.35 % Nb 2 O 5 over 52.4m<br />

Iron oxide 0.186 % Nb 2 O 5 ; 345 ppm U 3 O 8 and 47.7 % Fe 2 O 3<br />

Iron oxide breccia 0.269 % Nb 2 O 5 , 500 ppm U 3 O 8 over 36.9 m<br />

Carbonatites 0.429 % Nb 2 O 5 , 650 ppm U 3 O 8 over 41.7 m


Lafwila (Au, Ag, Pb, Cu)<br />

On this project located at about 300 km to the<br />

South of Dakhla (Awserd province) and following<br />

the encouraging results obtained on the trenches<br />

carried out in 2007 (10.4 g/t Au over 4 m), a<br />

first survey of 4 core drills totaling 531.6 m was<br />

carried out in an effort to recognize the down<br />

dip of gold bearing structures. The targ<strong>et</strong>ed<br />

structures were intercepted with apparent<br />

gra<strong>des</strong> of 6 m for the second drilling and 6<br />

m and 2.5 m for the fourth drilling. Chemical<br />

analyses are carried out on the samples taken.<br />

Madnat As Sadra (Au, Nb, Ta, U, Platinoïds,..)<br />

In Madna As Sadra prospect, located at 200 km<br />

SE of Dakhla (Awserd province), the geological<br />

control of aeromagn<strong>et</strong>ic and spectroardim<strong>et</strong>ric<br />

anomalies permitted to highlight, in El Ghassaliat<br />

sector, quartzose structures with index gra<strong>des</strong><br />

ranging b<strong>et</strong>ween 0.2 and 0.8 g/t Au on m<strong>et</strong>ric<br />

thickness and iron ore carbonatites with gra<strong>des</strong><br />

reaching 0.5 % Nb 2 O 5 and 470 ppm Ta 2 O 5 , in<br />

Drag sector, and 0.4 % Nb 2 O 5 ; 520 ppm Ta 2 O 5<br />

and 350 ppm U 3 O 8 in Al Farnan sector.<br />

Activity <strong>Report</strong> <strong>2008</strong><br />

Tichka-Est (Au)<br />

The project of Tichka Est, situated at 140 km<br />

South of Marrakech, showed gra<strong>des</strong> ranging<br />

b<strong>et</strong>ween 1 and 14 g/t Au at the occurrence of<br />

the first sampling. Following these encouraging<br />

results, a d<strong>et</strong>ailed geological survey at 1/500,<br />

covering an area of 24 acres, and a lithogeochemical<br />

sampling with results ranging<br />

b<strong>et</strong>ween 0.1 and 33 g/t Au were carried out.<br />

A geophysical study showed that the structure<br />

is deeply rooted. The alluvial prospecting<br />

conducted in this prospect yielded gra<strong>des</strong><br />

reaching 22 g/t Au.<br />

Bas Draa (Au)<br />

In the Bas Draa inlier (Guelmim, Tan Tan and<br />

Assa Zag provinces), prospecting continued in<br />

the Upper and Lower Proterozoic formations in<br />

Ayoun Lghoumane prospect. Samples taken<br />

in the iron ore quartzose structures encased in<br />

sandstones and Pl pelites or in copper indices<br />

borne by quartz veins encased in Infracambrian<br />

bed formations yielded indices in gold (


Ouday Çfa (Au, Pb and platinoïds)<br />

On Ouday Çfa prospect, located at 300 km<br />

to the North of Dakhla (Awserd province),<br />

the geological control of aeromagn<strong>et</strong>ic and<br />

radiom<strong>et</strong>ric anomalies by mapping at scale<br />

1/25 000 over 22 sq km and sampling of pyrite<br />

quartz veins and iron oxi<strong>des</strong> enabled to take<br />

406 samples that are undergoing chemical<br />

analyses.<br />

Kerdous (Au)<br />

In the prospect of Assif M’kkorn valley, located at<br />

120 km NE of Tiznit (Tiznit province), the control<br />

of goldbearing alluvional anomalies by mapping<br />

at scale 1/25 000 over 22 sq Km, by soil<br />

geochemistry and litho-geochemical sampling<br />

was carried on (885 rock and soil samples).The<br />

first profiles of soil geochemistry show anomal<br />

gold contents, with gra<strong>des</strong> ranging b<strong>et</strong>ween 10<br />

and 100 ppb and a maximal value of 942 ppb<br />

Au.<br />

A pilot study by conceptual targ<strong>et</strong>ing was carried<br />

out as part of an external expert valuation.<br />

The targ<strong>et</strong>s identified will undergo a d<strong>et</strong>ailed<br />

control.<br />

Khzama (Au, Ag, platinoïds)<br />

In Khzama project, located in Sirwa massive<br />

(Ouarzazate province), the control of alluvional<br />

geochemical anomalies helped to localize a<br />

fracturation zone with a general orientation of<br />

N-S to NW-SE, made up of ferruginous quartz,<br />

mylonites and gossans with an extension of<br />

several hundreds of m<strong>et</strong>ers. Most samples<br />

analyzed show gold gra<strong>des</strong> ranging from 0.1<br />

to 12 g/t.<br />

30<br />

Tidili (Au)<br />

<strong>Office</strong> <strong>National</strong> <strong>des</strong> <strong>Hydrocarbures</strong> <strong>et</strong> <strong>des</strong> <strong>Mines</strong><br />

In Tidili prospect, located at 90 km to the West of<br />

Ouarzazate (Ouarzazate province), a geological<br />

reconnaissance by sampling and a geological<br />

mapping were conducted and yielded indexed<br />

results in gold (0.1 to 0.3 g/t), in Cu (1.2 %) and<br />

in Ag (24 g/t).<br />

Ain Chair (Au)<br />

In Aïn Chair prospect, located at 300 km to the<br />

South of Oujda (Figuig province), a geological<br />

control by mapping at 1/25 000 over 54 sq km<br />

and sampling have been carried out.The results<br />

obtained so far are weak and range b<strong>et</strong>ween<br />

0.1 and 0.8 g/t for gold and do not exceed<br />

2 % for copper.<br />

General exploration (precious m<strong>et</strong>als)<br />

RG-MP South zone (Au, platinoïds)<br />

The general exploration carried out in the central<br />

part of Adrar Soutouf (Awserd province), by soil<br />

geochemistry (960 sq km with ONHYM’s own<br />

means), geophysics, mapping and sampling<br />

has permitted to highlight Lamlaga structure<br />

which yielded gra<strong>des</strong> reaching 0.6 % Ce ;<br />

0.5 % La ; 0.2 % Nd ; 0.17 % Nb ; 77 % Fe 2 O 3<br />

and 160 ppm U.<br />

On the other hand, the synthesis of data from<br />

the soil geochemistry survey carried out by<br />

subcontracting over an area of 5000 sq km in<br />

Awserd region helped to define new anomalies<br />

in U, Pb, Zn, Cu, Ni, Cr, Co, Au, Pd and Pt, in<br />

Glyeb Adrag, Gleybat al Hay Aç Çam<strong>et</strong>, Twirga<br />

and Lahwida prospects, in Nb-Ta in Tagnad<strong>des</strong>t<br />

zone, and Au in Imakrene Lakhdar.


Base m<strong>et</strong>als<br />

Bled Jemaa (Pb, Au, Ag, Zn)<br />

In Bled Jemaa, located in central Morocco, at<br />

1,5 km SW of Moulay Bou Azza, the core drilling<br />

works that started at the end of 2007 were<br />

compl<strong>et</strong>ed by the spudding of the 6 th drilling.<br />

The main zone bearing mineralization, composed<br />

of microdiorite dykes, crushed schists and<br />

quartz lens with sulfi<strong>des</strong>, has been cross cut<br />

by all the drillings. The most promising results<br />

are those of drilling N°1 and N°2 where gra<strong>des</strong><br />

reach 19 g/t Au ; 3.24 % Pb ; 2.2 % Zn and<br />

52 g/t Ag over thicknesses less than 1 m.<br />

Concerning the 4 th and 5 th drilling, the results<br />

reach 2.33 g/t Au over 0,85 m and 4 g/t Au<br />

over 0.35 m, respectively. Towards NE and SW<br />

ends of the index, the impacts of drilling N°3<br />

and N°6 are indexed.<br />

A preliminary assessment of the resources gave<br />

339 423 t to 3 g/t Au, 0.85 % Pb, 0.50 % Zn<br />

and 21.3 g/t Ag (variant 1) or 495 003 t to 2.20<br />

g/t Au, 0.60 % Pb, 0.36 % Zn and 15.7 g/t Ag<br />

(variant 2), or the equivalent of 1.02 t or 1.09 t<br />

in m<strong>et</strong>al gold.<br />

Activity <strong>Report</strong> <strong>2008</strong><br />

Ighir ou Roumi (Pb, Zn, Ag)<br />

At Ighir ou Roumi, located in central Morocco, at<br />

5 km NE of Moulay Bou Azza, a zone mineralized<br />

with Pb-Ag was followed in surface over 200 m.<br />

Four drillings, totalling 448.60 m, were executed<br />

and intersected the targ<strong>et</strong>ed structures. The<br />

latter are constituted of microdioritic dykes with<br />

crushing zones and quartz veins with sulfi<strong>des</strong><br />

(pyrite, galene, sphalerite and mispickel).<br />

The results of analyses show gra<strong>des</strong> reaching<br />

6.54 % Pb and 4.78 % Zn over infram<strong>et</strong>ric<br />

thicknesses. Gra<strong>des</strong> in Ag may reach 238 g/t<br />

and those of Au 1.04 g/t.<br />

A preliminary evaluation of the resources yielded<br />

212 205 t to 3.70 % Pb, 2.71 % Zn and 94 g/t<br />

Ag.<br />

Sud Bani (Fe)<br />

In Sud Bani prospect (Tan Tan province), located<br />

at 70 km SE of Tan Tan, where surface gra<strong>des</strong><br />

range from 32 to 57 % in total ore, a survey<br />

of 13 core drillings totalling 510 m is under<br />

way on the Zini West prospect with ferriferous<br />

mineralization.<br />

The first drilling, stopped at 22 m, has cross<br />

cut a mineralized level of iron oxide over a reel<br />

thickness of 2.6 m, whereas the 2 nd drilling,<br />

stopped at 29 m, has cross cut two subhorizontal<br />

ferriferous levels with gra<strong>des</strong> of 1 m<br />

and 3 m, respectively.<br />

Achemmach «ONHYM – Kasbah Resources<br />

Ltd agreement» (Sn)<br />

In the tin-bearing deposit of Achmmach, located<br />

at 50 km NE of central hercynian massive to the<br />

31


South of Meknès (El Hajeb province), a feasibility<br />

study has been carried out by the Australian<br />

company Kasbah Resources. Since the start of<br />

drilling works on November 2007, 25 drillings<br />

totalling 7997 m divided into 3 phases were<br />

carried out until the end of September <strong>2008</strong>.<br />

The results obtained are encouraging and<br />

show several mineralized intersections : 13.6<br />

m with 0.5 % Sn (AD18), 12 m with 1.2 % Sn<br />

(AD19), 46.3 m with 0.8 % Sn (AD20), 36.5 m<br />

with 0.8 % Sn (AD21), 36.5 m with 0.8 % Sn,<br />

6.9 m with 1.85 % Sn (AD21), 25.0 m with<br />

1.29 % Sn (AD25).<br />

An updating of the resources model of the<br />

deposit according to Jorc Australian norm has<br />

been recently compl<strong>et</strong>ed and has permitted to<br />

define inferred resources of 6MT with 0.9 % Sn<br />

for cut grade of 0.6 % Sn. Mineralurgical tests<br />

are being carried out by SGS cabin<strong>et</strong>.<br />

Jebil<strong>et</strong> «ONHYM – CMG Agreement»<br />

(Polym<strong>et</strong>allic)<br />

In Jebil<strong>et</strong> prospect, located NW of Marrakech<br />

(Sidi Youssef Ben Ali province), works<br />

concentrated on mineralization prospecting of<br />

polym<strong>et</strong>allic sulfurous mass type at El Mna and<br />

32<br />

<strong>Office</strong> <strong>National</strong> <strong>des</strong> <strong>Hydrocarbures</strong> <strong>et</strong> <strong>des</strong> <strong>Mines</strong><br />

vein type at Bougader (Pb-Zn). These works<br />

include geological surveys, rock sampling and<br />

core drillings.<br />

At El Mna, the drilling that began in 2007 was<br />

carried on and reached interval 470.15 m.<br />

It first intersected felsic volcanic facies, then<br />

clay sediments. The units m<strong>et</strong> do not permit<br />

to explain the magn<strong>et</strong>ic anomaly observed in<br />

surface. A pulse – EM survey was carried out<br />

and did not d<strong>et</strong>ect any anomaly. The source of<br />

anomalies remains unexplained.<br />

At Bou Gader, the core drilling survey that began<br />

in 2007 in this prospect was followed by the<br />

execution of the 5 th core drilling (BGS5) that was<br />

stopped at interval 261 m after crossing a series<br />

of black pelites with pyrite and/or pyrrhotine<br />

dissemination. The project was stopped due to<br />

non encouraging results.<br />

Tekna «ONHYM – CMG Agreement»<br />

(Polym<strong>et</strong>allic)<br />

In Tekna district, located West and South West<br />

of Marrakech (Al Haouz province), the synthesis<br />

of former works permitted to select 3 magn<strong>et</strong>ic<br />

anomalies (Moulay Al Amine, Lamrah and<br />

Imarirne) on which an electric prospecting using<br />

MPP m<strong>et</strong>hod was carried out in partnership<br />

with Russian experts. The interpr<strong>et</strong>ation of<br />

anomalies obtained permitted to recommend 3<br />

reconnaissance core drillings totalling 1 800 m.<br />

Alous District «ONHYM - Odyssey Resources<br />

Ltd Agreement» (Cu, Ag)<br />

In Alous district, located in the Anti-Atlas,<br />

at about 120 km SE of Agadir (Taroudant<br />

province), the works focused on finalization<br />

of an orientation study that recommended an


additional exploration program to demonstrate<br />

the economic viability of the project.<br />

Kalaat Sraghna – Mkhalif (Cu, Pb, Zn)<br />

In Kalaat Sraghna – Mkhalif district, located in<br />

the eastern Jebil<strong>et</strong>s, NE of Marrakech, the works<br />

first focused on Ouled Chorfa copper bearing<br />

index where rock sampling showed copper<br />

gra<strong>des</strong> exceeding 6 % Cu in some samples.<br />

In order to recognize the bottom of these<br />

structures, two core drillings totalling 210.65<br />

m were carried out and intersected zones with<br />

quartz veinl<strong>et</strong>s more and less mineralized with<br />

chalcopyrite traces and malachite coatings over<br />

a dozen of m<strong>et</strong>ers. Copper gra<strong>des</strong> are weak<br />

and do not exceed 0.25 m over 1 m.<br />

At the same time, d<strong>et</strong>ailed geological surveys of<br />

copper veins of Kharouba and Snoussine old<br />

mines were carried out. The results at the level<br />

of Kharouba structures show gra<strong>des</strong> that reach<br />

6 % Cu and 400 ppm Co.<br />

Toundout (Cu, Au, Ag)<br />

In Toundout sector, located on the southern side<br />

of central Haut Atlas, a geological, geophysical<br />

and structural reconnaissance survey was<br />

conducted. In the veins of Abidli district, where<br />

copper gra<strong>des</strong> are relatively high and reach<br />

5 %, geophysical surveys were conducted and<br />

showed the limited deep-seatedness of these<br />

structures.<br />

«ONHYM –Areva Draft Agreement» on the<br />

Anti-Atlas (Uranium)<br />

The draft agreement b<strong>et</strong>ween ONHYM and<br />

Areva NC concerns the implementation of a<br />

Activity <strong>Report</strong> <strong>2008</strong><br />

Geographic Information System (GIS) on the<br />

Anti-Atlas, dedicated to uranium exploration.<br />

In addition to the exchange of geological,<br />

geochemical and geophysical data, the works<br />

pertaining to the interpr<strong>et</strong>ation of airborne<br />

geophysical data were carried out and<br />

concentrated on the achievement of geophysical<br />

grids, the crossing of geological, geochemical,<br />

geophysical data and remote sensing under<br />

ArcView and non supervised classification of<br />

radiom<strong>et</strong>ric data.<br />

Finally, a compilation of thematic data and their<br />

crossing were carried out.<br />

General exploration (base m<strong>et</strong>als)<br />

In North Ment sector, located in central Morocco,<br />

a geochemical survey was conducted with the<br />

taking of 700 alluvional samples, 803 stream<br />

samples and 14 rock samples. Several multielementary<br />

anomalies in Pb and Zn as well as<br />

anomalies in Cu and Au were highlighted.<br />

The control of these anomalies undertaken<br />

revealed, in a quartz vein encased in granite,<br />

gra<strong>des</strong> of 4.8 g/t Au, 0.45 % Pb, 10 g/t Ag and<br />

10.4 % As over a thickness on the range of 1<br />

m<strong>et</strong>er.<br />

Research for uranium in the Southern provinces<br />

started East of Dakhla, around the Cr<strong>et</strong>aceous-<br />

Proterozoïc contact for the achievement of 13<br />

radiom<strong>et</strong>ric profiles. P<strong>et</strong>rographic studies show<br />

that this concerns stripped carbonatites that<br />

extend to 900 m with m<strong>et</strong>ric thicknesses and<br />

that show a mineral association with monazite.<br />

Cerium gra<strong>des</strong> may reach 1 187 ppm and<br />

lanthanum gra<strong>des</strong> 762 ppm.<br />

33


Finally, a geological survey at scale 1/1000<br />

was conducted in the district with systematic<br />

radiom<strong>et</strong>ric measurements. 102 samples were<br />

taken along the profiles for chemical analysis<br />

(multi element : U, Th and TR) and 13 samples<br />

for the p<strong>et</strong>rographic and mineral study.<br />

34<br />

Rocks and industrial minerals<br />

General exploration for rocks and industrial<br />

minerals has focused on the following :<br />

• The Tertiary basin of Guercif and Taourirt-<br />

Oujda corridor where core drillings were<br />

conducted on Aït Ali targ<strong>et</strong>, located at 20 km<br />

NW of Taourirt, in view of delimiting fibrous<br />

clays levels in depth ;<br />

• Ouarzazate Tertiary basin, extending from<br />

Telou<strong>et</strong> to the West until Tinrhir to the East,<br />

where 316 samples have been taken. The<br />

<strong>Office</strong> <strong>National</strong> <strong>des</strong> <strong>Hydrocarbures</strong> <strong>et</strong> <strong>des</strong> <strong>Mines</strong><br />

results led to the selection of Telou<strong>et</strong> fibrous<br />

clays indexes for development by core<br />

drillings ;<br />

• The Gharb Tertiary basin b<strong>et</strong>ween Arbaoua and<br />

Ouazzane where 339 samples were taken in<br />

view of conducting chemical analyses and<br />

identifications by X ray diffraction. The latter<br />

helped to highlight two sectors containing<br />

sepiolite clays (South of Arbaoua and SE of<br />

Tnine Serafah) ;<br />

• Feldspaths and kaolin of Jbel Zerhoun (near<br />

Moulay Idriss Zerhoun) where 6 samples were<br />

collected to undertake microscopic studies<br />

and technological tests ;<br />

• Dolomies in central Morocco (Oued Beht<br />

and Sefrou province) and in calcareous ridge<br />

(b<strong>et</strong>ween Chefchaoun and Fnideq) where 43<br />

samples have been taken for analysis.


Objectives achieved in <strong>2008</strong><br />

Objectives Commodity Provinces Works implemented<br />

Precious m<strong>et</strong>als<br />

Azouggar N’tilili Au, Zn, Pb, Ag Tan Tan international invitation tender<br />

Glibat Lafhouda Nb, Ta, REE Awserd<br />

Geology, geophyics, topography, drillings :<br />

1042 m<br />

Twihinate Nb, Ta, REE, U, Au Awserd Geology, geochemistry, drillings : 836.80 m<br />

Lafwila Au, Ag, Cu, Zn Awserd<br />

Geology, sampling, trenches : 24 m3 ,<br />

drillings : 531.60 m<br />

Madnat As Sadra Au, Ag, Cu, Zn Awserd Geology, lithogeochemistry, soil sampling<br />

Tichka-Est Au Al Haouz Geology, sampling, geochemistry, alluvionary<br />

Bas Draa Au, Ag, Cu<br />

Guelmim, Tan Tan,<br />

Assa Zag<br />

Geology, sampling, alluvionnary<br />

Ain Karma Au, Ag, Cu, Pb Guelmim Geology, sampling<br />

Ouday Çfa Au, Ag, Cu, Zn Awserd Geology, lithogeochemistry, sampling<br />

Kerdous Au, Ag, Cu, Pb, Zn Tiznit Geology, soil sampling<br />

Khzama Au, platinoï<strong>des</strong> Ouarzazate Geology, sampling<br />

Tidili Au, Ag, Cu Ouarzazate Geology, sampling<br />

Ain Chair Au Figuig Geology, sampling<br />

Rg- Mp- South Zone Au, Pt, REE Awserd<br />

Base m<strong>et</strong>als<br />

Geochemistry, geology, sampling<br />

Bled Jemaa Pb, Zn, Ag, Au Khénifra drillings : 93.10 m<br />

Ighir Ou Roumi Pb, Ag, Zn, Au Khénifra Geology, sampling, drillings : 448.60 m<br />

Sud Bani Fe Tan Tan geology, lithogeochemistry, drillings : 51 m<br />

Achmmach «Kasbah<br />

Resources»<br />

Sn El Hajeb Geology, sampling, drillings : 7997 m<br />

Jebil<strong>et</strong> (CMG-ONHYM) Polym<strong>et</strong>allic Sidi Youssef Ben Ali<br />

Geology, sampling, drillings : 568.80 m<br />

(ONHYM : 227.52 m)<br />

Tekna (CMG-ONHYM) Polym<strong>et</strong>allic Marrakech Menara geophysics<br />

Alous District «Odyssey» Cu, Ag Taroudant Feasibility study<br />

Kalaat Sraghna-Mkhalif Cu, Pb, Zn Kalaat Sraghna<br />

Geology, geophysics, sampling<br />

drillings : 210.65 m<br />

Toundout Cu, Pb, Zn, Ag Ouarzazate Geology, geophysics, sampling<br />

Anti-Atlas (ONHYM-<br />

Areva Nc)<br />

Uranium<br />

Ouarzazate, Zagora,<br />

Tata, Taroudant, Tiznit,<br />

Guelmim…<br />

Rg.Mb Cu, Pb, Zn, Sn, W, U Khénifra, Awserd<br />

Activity <strong>Report</strong> <strong>2008</strong><br />

Preparation of GIS, geophysical<br />

interpr<strong>et</strong>ation, geochemistry, structural study<br />

of satellite images<br />

Geology, geochemistry, scintillom<strong>et</strong>ry,<br />

sampling<br />

Rocks and industrial minerals<br />

Aït Ali Fibrous clays Taourirt Geology, sampling, drillings planting<br />

Rg. Rmi<br />

Fibrous clays,<br />

dolomies, quartz<br />

Taza, Khémissat,<br />

Ouazzane, T<strong>et</strong>ouan<br />

Geology, sampling, chemical and<br />

mineralogical analyses<br />

35


34°<br />

32°<br />

30°<br />

28°<br />

26°<br />

24°<br />

36<br />

!(<br />

-16° -14° -12° -10° -8° -6° -4° -2°<br />

Ad-Dakhla<br />

Lagwira<br />

MINING EXPLORATION LOCATION MAP FOR OBJECTIVES ACHIEVED IN <strong>2008</strong><br />

!(<br />

3<br />

0<br />

Quaternary<br />

Mesozoic<br />

Cenozoic<br />

Paleozoic<br />

Proterozoic<br />

Boujdour<br />

5<br />

!(<br />

9<br />

2<br />

4<br />

!(<br />

Awserd<br />

200 Km<br />

ATLANTIC OCEAN<br />

La'Youne<br />

!(<br />

Tarfaya<br />

!(<br />

!(<br />

Bou Kra<br />

Tan-Tan<br />

Essaouira<br />

<strong>Office</strong> <strong>National</strong> <strong>des</strong> <strong>Hydrocarbures</strong> <strong>et</strong> <strong>des</strong> <strong>Mines</strong><br />

!(<br />

!(<br />

!(<br />

!(<br />

19 !<br />

22<br />

!(<br />

!(<br />

!(<br />

!(<br />

!(<br />

T<strong>et</strong>ouan<br />

Agadir !(<br />

!( Zagora<br />

Ifni Akka<br />

!(<br />

Safi<br />

El Jadida<br />

Casablanca<br />

!(<br />

!(<br />

Tata<br />

Rabat<br />

Marrakech<br />

Tanger<br />

Larache<br />

Ouarzazate<br />

Meknès<br />

!(<br />

!(<br />

Khénifra<br />

!(<br />

Sebta<br />

R i f<br />

!(<br />

Fes<br />

!(<br />

Al Hoceima<br />

Midelt<br />

!(<br />

!(<br />

Taza<br />

Er-Rachidia<br />

!(<br />

Erfoud<br />

!(<br />

!<br />

!<br />

Melilla<br />

Nador<br />

Bou Arfa<br />

!(<br />

8 7<br />

1<br />

16<br />

!( Assa<br />

Zag !(<br />

PRECIOUS METALS<br />

1. Azouggar n Tilili ’ (Au, Zn, Pb)<br />

2. Glibat lafhouda (Nb,Ta, U, Fe )<br />

3. Twihinate (Nb,Ta, U, Fe, REE, Au )<br />

4. Lafwila (Au)<br />

!( Smara<br />

5. Madnat As Sadra (Au,Pt)<br />

6. Tichka-Est (Au)<br />

7. Bas Draa (Au, Ag, Zn)<br />

8. Ain Karma (Au, Ag, Zn)<br />

BASE METALS<br />

9. Ouday Çfa (Au)<br />

14. Bled Jemâa (Pb, Zn, Ag, Au) 10. Kerdous (Au)<br />

15. Ighir Ou Roumi (Pb, Zn, Ag,) 11. Khzama (Au, Ag, Pt<br />

16. Sud Bani (Fe)<br />

12. Tidili (Au, Cu, Ag)<br />

17. Achmmach (Sn)<br />

18. Jebil<strong>et</strong> (Polym)<br />

19. Tekna (Polym)<br />

20. Secteur d’Alous (Cu, Ag)<br />

21. Kalaat Sraghna-Mkhalif (Cu,Pb,Zn)<br />

22. Toundout (Cu, Au, Ag)<br />

13. Ain Chair (Au)<br />

ROCKS AND INDUSTRIAL MINERALS<br />

23. Ait Ali (Clays)<br />

10<br />

20<br />

18<br />

6<br />

21<br />

12<br />

11<br />

14<br />

ANTI ATLAS<br />

15<br />

17<br />

Ht. ATLAS<br />

M. ATLAS<br />

MEDITERRANEAN SEA<br />

23<br />

13<br />

!(<br />

Oujda<br />

!(<br />

Figuig<br />

!(<br />

34°<br />

32°<br />

30°


Laboratories’ activity<br />

The laboratories’ activity in <strong>2008</strong> was especially<br />

marked by the renewal of ISO 9001 version<br />

2000 certification as a result of the first follow<br />

up and monitoring auditing. The provisions of<br />

services related to mineralogical, chemical and<br />

mineralurgical studies concerned samples from<br />

ONHYM worksites and third parties.<br />

Certification maintained<br />

As part of the preparation of the follow up<br />

and monitoring auditing for ISO 9001 version<br />

2000 certification, obtained in March 2007, the<br />

following actions were undertaken :<br />

• Updating of documentation related to quality<br />

system management ;<br />

• Implementation of in-house audits ;<br />

• Assessment of 2007 objectives and of<br />

process performance indicators ;<br />

• Conduct of a customer satisfaction survey<br />

and interviews with clients on the site ;<br />

• Preparation of the clients’ claims report and<br />

corrective and preventive actions ;<br />

• Preparation of the objectives planning and the<br />

training plan for the year.<br />

Mineralogy<br />

Sample preparation<br />

In the course of this year, a total of 518 samples<br />

divided into 213 of thin plates, polished plates,<br />

101 polished sections, 124 alluvional and<br />

artificial concentrates were prepared.<br />

Activity <strong>Report</strong> <strong>2008</strong><br />

P<strong>et</strong>rographical and mineralogical analyses<br />

P<strong>et</strong>rographical and mineralogical studies<br />

involved 269 samples broken down into<br />

144 p<strong>et</strong>rographical studies, 125 studies of<br />

alluvional and artificial concentrates. The<br />

studies concentrated on samples from ONHYM<br />

prospects and more specifically those of rare<br />

earth projects.<br />

Mineral processing<br />

In <strong>2008</strong>, the number of samples prepared for<br />

chemical analysis reached 14 796 and were<br />

distributed as follows :<br />

Worksite Number of samples<br />

ONHYM projects 12.356<br />

Subsidiaries and third parties 2.104<br />

Tests 336<br />

Total 14.796<br />

Concentration tests by gravity and magn<strong>et</strong>ic<br />

separation were carried out on the ore Ta, Nb,<br />

U and rare earth of Glibat Lafhouda.<br />

Flotation tests were carried out, in pilot plants,<br />

on behalf of CMG, SMI and AGM.These tests<br />

involved 50 days of pilot plant in operation.<br />

Mineralogical chemistry<br />

The number of ore grade assays conducted<br />

by the Mineral Chemistry Department in <strong>2008</strong><br />

reached 199 780.<br />

37


These assays correspond to 11 934 samples<br />

and concentrated on the following :<br />

• Gold analysis by humid and dry m<strong>et</strong>hod ;<br />

• Multi-elementary analysis : Ag, As, Ba, Be,<br />

Bi, Ca, Cd, Co, Cr, Cu, Fe, K, Li, Mg, Mn,<br />

Mo, Na, Nb, Ni, Pb, Sb, Sr, V, Y, Zn ;<br />

• Analysis of rare earth elements : La, Ce, Sm,<br />

Eu, Gd, Tb, Dy, Ho, Er, Yb, Lu, Tm ;<br />

• Precious m<strong>et</strong>als analysis : Pt, Pd, Ir ;<br />

38<br />

DISTRIBUTION OF ACHIEVEMENTS<br />

<strong>Office</strong> <strong>National</strong> <strong>des</strong> <strong>Hydrocarbures</strong> <strong>et</strong> <strong>des</strong> <strong>Mines</strong><br />

• Major elements analysis : SiO 2 , Al 2 O 3 , CaO,<br />

MgO, Na 2 O, K 2 O, Fe 2 O 3 , FeO, MnO, TiO 2 ,<br />

P 2 O 5 and fire loss ;<br />

• Analysis by conventional m<strong>et</strong>hods of high<br />

gra<strong>des</strong> in Cu, Pb, Zn, Fe, CaCO 3 , BaSO 4 ,<br />

SrSO 4 , CaF 2 , MnO 2 , MnO, total Mn, ferric<br />

iron, carbonates, sulfur, sulfates, Chlori<strong>des</strong>,<br />

w<strong>et</strong>ness and salt insolubles, real density of<br />

powder samples ;<br />

• Other analyses : Th, U, La, Ta, Sn, W.<br />

Worksite Number of samples Number of ore grade assays<br />

ONHYM worksite 10 701 194 528<br />

Subsidiaries and third parties 1 233 5 252<br />

Total 11 934 199 780


MINING PARTICIPATIONS & COOPERATION<br />

Partnership for mining exploration and<br />

development witnessed a new dynamics in<br />

<strong>2008</strong>. As a matter of fact, the efforts made for<br />

promoting mining deposits led to the conclusion<br />

Draft agreements and MoU<br />

Activity <strong>Report</strong> <strong>2008</strong><br />

of two new draft agreements, a Memorandum<br />

of Understanding, (MoU), and two transfer<br />

agreements.Three amendments were also<br />

concluded.<br />

ONHYM’s partners Country Description Date of signature<br />

AREVA NC France<br />

Xtract Energy PLC Great Britain<br />

<strong>National</strong> Mineral<br />

Development Corp. Ltd.<br />

(NMDC)<br />

Mining prospect transfers<br />

India<br />

Other transfers relating to Oumjérane,<br />

Zgounder, Sidi Bou Othmane, Bouissafene<br />

and Boudkek deposits, are under negotiation<br />

with private companies.<br />

Draft agreement for the<br />

implementation of a digital<br />

GIS on the Anti Atlas<br />

dedicated to uranium<br />

exploration<br />

Draft agreement for the<br />

evaluation of the uranium<br />

potential of Argana corridor.<br />

MoU establishing a<br />

cooperation framework<br />

b<strong>et</strong>ween ONHYM and<br />

NMDC in the field of<br />

mining exploration and<br />

development<br />

19 February <strong>2008</strong><br />

12 March <strong>2008</strong><br />

22 May <strong>2008</strong><br />

ONHYM’s partners Country Objective Date of signature<br />

Compagnie Minière <strong>des</strong><br />

Guemassa (CMG)<br />

Kasbah Gold<br />

Morocco<br />

Morocco<br />

(subsidiary of the<br />

Australian company<br />

Kasbah Resources)<br />

Koudiat Aïcha mining<br />

domain (polym<strong>et</strong>allic)<br />

Jbel Malek mining domain<br />

(gold)<br />

31 March <strong>2008</strong><br />

5 June <strong>2008</strong><br />

On the other hand, ONHYM proceeded in<br />

early <strong>2008</strong> to the launching of an international<br />

invitation to bid with a view to a partial or total<br />

transfer of Azouggar N’tilili polym<strong>et</strong>allic gold<br />

deposit in Tan Tan region to the South of Agadir.<br />

39


40<br />

Amendments<br />

ONHYM’s partners Country Description Date of signature<br />

Shaanxi Fuyuan INT’L INC. China<br />

Kasbah Resources Ltd Australia<br />

Mauritanian <strong>Office</strong> for<br />

Geological Research<br />

(OMRG)<br />

Security and environment<br />

Mauritania<br />

• Aid and support of ONHYM’s partners in<br />

preparing environmental impact studies with<br />

regard to seismic acquisition, p<strong>et</strong>roleum<br />

drillings, and oil shale development (Eni,<br />

Repsol, Hunt Oil, Transatlantic, Anschutz,<br />

P<strong>et</strong>roCanada, Circle Oil, and Pel) ;<br />

Amendment to MoU<br />

related to the evaluation of<br />

the zinc potential in High<br />

and Middle Atlas and the<br />

Rif extending the duration<br />

for 24 months<br />

Amendment to draft<br />

agreement on Achmmach<br />

tin deposit extending its<br />

duration for 12 months<br />

Amendment to draft<br />

agreement covering<br />

cooperation actions<br />

scheduled for 2009<br />

<strong>Office</strong> <strong>National</strong> <strong>des</strong> <strong>Hydrocarbures</strong> <strong>et</strong> <strong>des</strong> <strong>Mines</strong><br />

21 March <strong>2008</strong><br />

30 January <strong>2008</strong><br />

21 January <strong>2008</strong><br />

• Active participation in the me<strong>et</strong>ings held by<br />

the <strong>National</strong> Committee of Environmental<br />

Impact Studies within the Environment and<br />

Water Department ;<br />

• Preparation of sanitary and security reports<br />

of the 1 st and 2 nd half of 2007 and 1 st half of<br />

<strong>2008</strong>.


MINING DRILLING : A SIGNIFICANT REVIVAL OF THE ACTIVITY<br />

The year <strong>2008</strong> was marked by the notable<br />

revival of the drilling activity which recorded a<br />

significant increase of 52 % in volume compared<br />

with 2007.<br />

The number of m<strong>et</strong>ers drilled reached<br />

12 582.15 m against 8 277.40 m in the<br />

previous year.<br />

Realizations<br />

This increase in volume is accounted for by a<br />

marked revival of work on behalf of third parties.<br />

Thus, a work program was implemented for the<br />

benefit of CMG at Koudiat Aïcha and Hajar with<br />

a total of 5 884.15 m of drillings and another<br />

work program for the benefit of SMI with a total<br />

of 2.208.35 m at Imiter.<br />

Worksite<br />

Work by ONHYM<br />

Glibat Lahfouda<br />

Twihinate<br />

Kalaat Sraghna<br />

Lafwila<br />

Blad Jemaa<br />

Ighir Ou Roumi<br />

Sud Bani<br />

Jebil<strong>et</strong> ONHYM-CMG<br />

Total work by<br />

ONHYM<br />

Work under<br />

agreement<br />

(partners’share)<br />

Main<br />

operator<br />

ONHYM<br />

ONHYM<br />

ONHYM<br />

ONHYM<br />

ONHYM<br />

ONHYM<br />

ONHYM<br />

ONHYM<br />

Partners<br />

Province<br />

Awserd<br />

Awserd<br />

Kalaat Sraghna<br />

Awserd<br />

Khénifra<br />

Khénifra<br />

Tan Tan<br />

Marrakech<br />

Activity <strong>Report</strong> <strong>2008</strong><br />

This year was also marked by the implementation<br />

of three drilling campaigns in the southern<br />

provinces, namely at Glibat lafhouda, Twihinate<br />

and Lafwila.<br />

The volume of drilling works is shown in the<br />

following table :<br />

Number of<br />

drillings<br />

8<br />

6<br />

2<br />

4<br />

1<br />

5<br />

2<br />

0.8<br />

core drills<br />

(ml)<br />

1 042.30<br />

836.80<br />

210.65<br />

531.60<br />

93.10<br />

487.30<br />

51.00<br />

227.52<br />

Rotary (ml) Total (ml)<br />

1 042.30<br />

836.80<br />

210.65<br />

531.60<br />

93.10<br />

487.30<br />

51.00<br />

227.52<br />

28.8 3 480.27 0.00 3 480.27<br />

Jebil<strong>et</strong> CMG Marrakech 1.2 341.28 341.28<br />

Total work under<br />

agreement<br />

1.2 341.28 0.00 341.28<br />

41


Third party work<br />

Koudiat Aïcha<br />

Timahdit<br />

Aïn Tekki<br />

Hajar<br />

Imiter<br />

Total third party<br />

work<br />

Realizations achieved in <strong>2008</strong> compared to annual budg<strong>et</strong>ary estimates are given in the following<br />

table :<br />

Nature of works<br />

ONHYM’s own means<br />

Under agreement<br />

Third party<br />

42<br />

Main<br />

operator<br />

CMG<br />

P<strong>et</strong>robras<br />

SSM<br />

CMG<br />

SMI<br />

Marrakech<br />

Khénifra<br />

Mohammedia<br />

Marrakech<br />

Ouarzazate<br />

22<br />

1<br />

1<br />

3<br />

10<br />

<strong>Office</strong> <strong>National</strong> <strong>des</strong> <strong>Hydrocarbures</strong> <strong>et</strong> <strong>des</strong> <strong>Mines</strong><br />

4 788.60<br />

125.00<br />

339.20<br />

766.55<br />

2 181.35<br />

62.00<br />

203.90<br />

267.00<br />

27.00<br />

4 850.60<br />

125.00<br />

543.10<br />

1 033.55<br />

2 808.35<br />

37 8 200.70 559.90 8 760.60<br />

Grand total as of December 31, <strong>2008</strong> 67 12 022.25 559.90 12 582.15<br />

Mining drillings<br />

Estimates Realizations Rate of realization<br />

7 520.00<br />

2 085.00<br />

3 000.00<br />

3 480.27<br />

341.28<br />

8 760.60<br />

46.28 %<br />

16.37 %<br />

292.02 %<br />

Total 12 605.00 12 582.15 99.82 %<br />

On the managerial front, service contracts governing ONHYM drilling programs came into force this<br />

year in accordance with the new managerial m<strong>et</strong>hods adopted by the office since 2007.


HUMAN RESOURCES<br />

Staff<br />

As of December 31 st , <strong>2008</strong>, ONHYM staff<br />

was 942 agents of whom 192 engineers and<br />

managers, 388 supervisors, 25 employees and<br />

337 workers.<br />

3%<br />

The rate of supervision, s<strong>et</strong> at 20 41% %, remains<br />

below Engineers the & executives standards of bodies Supervisors dedicated<br />

to Employees research. The objective is to reach, Workers in the<br />

medium term, a rate of 30 % of the staff.<br />

2000<br />

1500<br />

1000<br />

2000<br />

500<br />

1500<br />

0<br />

1000<br />

500<br />

36%<br />

3%<br />

Staff evolution<br />

41%<br />

20%<br />

Engineers & executives Supervisors<br />

Employees Workers<br />

0<br />

36%<br />

1641 1571 1538 1499 1477 1434 1359<br />

1641 1571 1538 1499 1477 1434 1359<br />

20%<br />

947 942<br />

2000 2001 2002 2003 2004 2005 2006 2007 <strong>2008</strong><br />

947 942<br />

2000 2001 2002 2003 2004 2005 2006 2007 <strong>2008</strong><br />

The <strong>Office</strong> staff has recorded a regular decrease<br />

for the last decade as a result of the combined<br />

effect of departures for r<strong>et</strong>irement, interruption<br />

of recruitments and voluntary departure<br />

operation.<br />

Non<strong>et</strong>heless, the recruitment operations are<br />

undertaken taking into account the positions<br />

provided by the outline law (34 in <strong>2008</strong>).<br />

Activity <strong>Report</strong> <strong>2008</strong><br />

The number of departures recorded at the end<br />

of December <strong>2008</strong> reached 16.<br />

Harmonization of personnel<br />

management rules<br />

The harmonization works undertaken during<br />

<strong>2008</strong> helped to close this file. The results are<br />

summed up in the following :<br />

• Preparation of 104 harmonized decisions and<br />

memoranda ;<br />

• Preparation of 64 ONHYM harmonized<br />

management rules, resulting from the newly<br />

s<strong>et</strong> up decisions and procedures ;<br />

• Identification of 17 performance indicators ;<br />

• Examination of 13 management acts by an<br />

ad hoc committee ; the results of the latter’s<br />

works will be submitted to Human Resources<br />

committee‘s approval.<br />

Attendance time management<br />

The clocking in/clocking out system is<br />

operational since May 2, <strong>2008</strong> and concerns<br />

the whole staff working in Rabat (headquarters<br />

and Base).<br />

43


44<br />

Social activities<br />

Housing loans<br />

• The loan commission approved the granting<br />

of 28 loans for housing and equipping for the<br />

total amount of 3.269.400 DH.<br />

Cultural activities<br />

• 112 children belonging to ONHYM personnel<br />

registered for the year <strong>2008</strong>-2009 and<br />

benefited from multiple activities : language<br />

courses, data processing, civil education,<br />

chess, sewing and manual work, music,<br />

educational outings and associative actions.<br />

Pilgrimage<br />

• 15 employees were taken in charge by the<br />

<strong>Office</strong> and sent to make pilgrimage to the<br />

Holy place of Islam.<br />

Medical assistance<br />

• 158 medical examinations were provided<br />

and 3 300 benefited from coverage for<br />

hospitalization, biological checks and X-rays ;<br />

• 484 employees received flu vaccines ;<br />

• 42 visits were systematically organized in the<br />

work sites ;<br />

• 91 ophthalmology medical examinations ;<br />

• 2 263 employees benefited from collective<br />

health care ;<br />

• 87 employees donated blood.<br />

Summertime centers<br />

• 260 employees benefited from stays in<br />

summertime centers of Cabo-Negro, Ifrane<br />

and K<strong>et</strong>tara ;<br />

<strong>Office</strong> <strong>National</strong> <strong>des</strong> <strong>Hydrocarbures</strong> <strong>et</strong> <strong>des</strong> <strong>Mines</strong><br />

• 369 children attended summer camps in Ben<br />

Smim and Agadir.<br />

Loans for car purchase<br />

• 2 employees were granted a loan representing<br />

the amount of 132.000 DH to buy a car.<br />

Training<br />

Key indicators<br />

In <strong>2008</strong>, the activity pertaining to training focused<br />

on the following :<br />

• The number of actions devoted to training<br />

reached 160 totalling 1 890 hours man/day<br />

training representing a total cost of 6 164 KDH ;<br />

• The enrollment of 34 employees in English<br />

courses as part of ONHYM-Amideast<br />

agreement for the implementation of <strong>2008</strong><br />

program. These courses totalled about 336<br />

MDT split into 12 sessions for a cost of 126<br />

KDH ;<br />

• The total cost of these actions amounts to<br />

6290 KDH including training provided from<br />

budg<strong>et</strong> partners.<br />

The following table shows the physical and<br />

budg<strong>et</strong>ary indicators pertaining to the training<br />

activity in <strong>2008</strong> :<br />

Indicators Number<br />

Number of training actions<br />

Number of participations<br />

Number of man-day-training<br />

Number of beneficiaries<br />

172<br />

459<br />

2 226<br />

265<br />

Cost in 1000 DH 6 290


Areas of training Number of actions Number of participants<br />

Congress, forum, colloquiums<br />

and seminars<br />

Exploration, exploitation<br />

processing and technical<br />

subjects<br />

Data processing - <strong>Office</strong><br />

automation and IS<br />

Personnel management and<br />

human resources<br />

Quality, security and<br />

environment<br />

Management techniques and<br />

other subjects<br />

Training related actions<br />

• Organization and supervision of 250 students<br />

from various institutions of higher education<br />

(Schools, Faculties and Institutes) ;<br />

DISTRIBUTION OF TRAINING DATA/DOMAIN<br />

Activity <strong>Report</strong> <strong>2008</strong><br />

Number of man/days of<br />

training<br />

20 34 140<br />

39 92 434<br />

15 23 85<br />

42 152 284<br />

10 19 61<br />

31 51 133<br />

Long- term training 3 4 753<br />

English classes 12 84 336<br />

Total 172 459 2 226<br />

• The granting of 890 scholarships for the<br />

benefit of 430 ONHYM staff children for a<br />

total cost of 132 KDH.<br />

45


COMPUTER TECHNOLOGY & INFORMATION SYSTEM<br />

The Information System Master Plan (ISMP)<br />

worked out in collaboration with an international<br />

consultant over a five-year period was finalized<br />

in 2007.<br />

Computer projects are grouped into a folio<br />

of thematic programs and are conducted<br />

according to an IS governance mode, and in<br />

accordance with the provisions of the operation<br />

charter governing the relations b<strong>et</strong>ween the<br />

implied parties.<br />

46<br />

<strong>Mines</strong> and Oil<br />

After a d<strong>et</strong>ailed survey of p<strong>et</strong>roleum exploration<br />

needs in information system, the GIS project<br />

development was launched. The other projects<br />

of the core business launched as part of the<br />

Information System Master Plan aim at securing<br />

and organizing the heritage of data generated<br />

by mining and p<strong>et</strong>roleum works and following<br />

the life cycle of various data and documents.<br />

The challenge behind these projects is to master<br />

the heritage of data and documents by using<br />

the latest information technology by optimizing<br />

costs and guaranteeing the security, viability<br />

and availability of the documentary resources.<br />

Finance logistics<br />

In this field, structuring projects of ISMP such<br />

as the restructuring and analytical accountancy,<br />

the implementation of integrated management<br />

software and the project management mode<br />

have been launched. The main objectives s<strong>et</strong><br />

by the three projects are the following :<br />

• Support the evolution of the organization ;<br />

<strong>Office</strong> <strong>National</strong> <strong>des</strong> <strong>Hydrocarbures</strong> <strong>et</strong> <strong>des</strong> <strong>Mines</strong><br />

• Encourage the s<strong>et</strong>ting up and development<br />

of project management concept, s<strong>et</strong> up as<br />

a new operation mode for the conduct of<br />

mining and p<strong>et</strong>roleum projects<br />

• Encourage the eligibility of the <strong>Office</strong> to the<br />

State control.<br />

Human resources<br />

As far as human resources are concerned, two<br />

main IS projects have been conducted :<br />

• Consolidation of the human resources<br />

information system ;<br />

• Implementation of attendance time<br />

management system. The system is<br />

operational and the associated project is in<br />

the conclusion stage.<br />

Common means<br />

As for management of the documentary<br />

heritage, the service offer has been modernized<br />

with the use of the intran<strong>et</strong> for the publication of<br />

several documentary products.<br />

Infrastructure<br />

Infrastructure projects are conducted to<br />

accompany the needs of IS projects with<br />

regard to equipment, n<strong>et</strong>work infrastructure<br />

and storage, to ensure the security of data by<br />

putting the latest information technology means<br />

at the service of oil and mining exploration.<br />

Thus, the needs of web site projects, integrated<br />

management software, the intran<strong>et</strong>, GIS Oil and<br />

GIS Mine have been integrated and launched.


P<strong>et</strong>roleum exploration permits<br />

and reconnaissance licenses map


KINGDOM OF MOROCCO<br />

98<br />

95<br />

96<br />

92<br />

ATLANTIC OCEAN<br />

84<br />

88 89<br />

91<br />

93 94<br />

97<br />

104<br />

Tarfaya<br />

153<br />

154<br />

152<br />

El Aioun 155<br />

156<br />

79<br />

78<br />

157<br />

82<br />

85<br />

83<br />

81 80<br />

117<br />

118<br />

Boujdour 119<br />

86 87<br />

120<br />

121<br />

122<br />

90<br />

123<br />

124<br />

125<br />

126<br />

127<br />

128<br />

129<br />

151<br />

99I 100<br />

161 162<br />

15<br />

10<br />

Safi 107<br />

171<br />

172 17 16<br />

173 170 132<br />

174<br />

133<br />

134<br />

163<br />

108<br />

116<br />

114 Agadir<br />

adir<br />

115<br />

164<br />

Ifni<br />

165<br />

166<br />

167<br />

168<br />

MAURITANIA<br />

52<br />

53<br />

54<br />

13 14<br />

56<br />

55<br />

58 57<br />

59<br />

169<br />

160<br />

Marrakech<br />

RABAT<br />

Casablanca<br />

135<br />

135<br />

Ouarzazate<br />

Tanger<br />

MEDITERRANEAN SEA<br />

T<strong>et</strong>ouan<br />

48<br />

130<br />

131<br />

47 49<br />

60 109<br />

Al Hoceima<br />

12 101 110 111<br />

106<br />

103105 112 113<br />

102<br />

148<br />

159<br />

ALGERIA<br />

158<br />

6<br />

Nador<br />

Melilla<br />

140 141 142<br />

138 1 137<br />

139<br />

143<br />

144<br />

145<br />

146<br />

147<br />

149<br />

150<br />

Nador<br />

Oujda<br />

136<br />

11<br />

51<br />

50<br />

8<br />

9<br />

7<br />

137<br />

138<br />

Bouanane I<br />

Bouanane2<br />

ONHYM - DANA-TETHYS-<br />

EASTERN<br />

1 066,00<br />

1 049,00<br />

105 Fès ONHYM - CABRE<br />

1 998,70<br />

139 Boudnib I<br />

1 983,40<br />

140 Boudnib II<br />

1 998,10<br />

141 Boudnib III<br />

1 998,10<br />

142<br />

143<br />

Boudnib IV<br />

Boudnib V<br />

ONHYM - MND<br />

1 850,70<br />

1 989,70<br />

144 Boudnib VI<br />

1 891,20<br />

145 Boudnib VII<br />

1 841,40<br />

146 Boudnib VIII<br />

1 696,00<br />

147 Boudnib IX<br />

1 575,00<br />

149<br />

150<br />

Guercif Est<br />

Guercif Ouest<br />

ONHYM - TRANSATLANTIC<br />

STRATIC - LONGE<br />

1 894,50<br />

1 998,90<br />

151 Tarfaya Onshore 1<br />

2 000,00<br />

152 Tarfaya Onshore 2<br />

1 966,00<br />

153 Tarfaya Onshore 3<br />

ONHYM -<br />

1 989,00<br />

154 Tarfaya Onshore 4<br />

ISLAND - SAN LEON -<br />

1 994,00<br />

155 Tarfaya Onshore 5<br />

LONGREACH<br />

2 000,00<br />

156 Tarfaya Onshore 6<br />

1 995,00<br />

157 Tarfaya Onshore 7<br />

1 490,00<br />

160 Bas Daraa 1<br />

2 000,00<br />

161 Bas Daraa 2<br />

1 994,90<br />

162 Bas Daraa 3<br />

1 994,70<br />

163<br />

164<br />

Bas Daraa 4<br />

Bas Daraa 5<br />

ONHYM - PETRO CANADA<br />

- RWE<br />

1 999,90<br />

1 997,70<br />

165 Bas Daraa 6<br />

1 994,50<br />

166 Bas Daraa 7<br />

1 995,80<br />

167 Bas Daraa 8<br />

1 993,10<br />

168 Bas Daraa 9<br />

1 980,60<br />

169 Bas Daraa 10<br />

2 000,00<br />

171 Essaouira Deep Offshore 1<br />

1 752,20<br />

172<br />

173<br />

Essaouira Deep Offshore 2<br />

Essaouira Deep Offshore 3<br />

ONHYM - CANA MENS 1 736,70<br />

1 677,80<br />

174 Essaouira Deep Offshore 4<br />

1 641,80<br />

EXPLORATION PERMITS<br />

P<strong>et</strong>roleum Agreements<br />

Reconnaissance Contracts<br />

RECONNAISSANCE<br />

CONTRACTS<br />

P<strong>et</strong>roleum exploration permits and<br />

reconnaissance licenses map<br />

10 Ait Riouch ONHYM - MPE<br />

224,00<br />

107 Doukkala - Abda<br />

ONHYM - ENI 9 813,00<br />

ONHYM - SAN LEON<br />

108 Bassin de Zag<br />

ISLAND - OIL & GAS - LONGREACH 21 807,00<br />

116 Ouest Souss Onshore ONHYM - GBP<br />

__<br />

135 Tadla ONHYM - HUNT<br />

28 117,50<br />

136 Missour Est ONHYM - MPE<br />

7 937,80<br />

148<br />

158<br />

Ouarzazate<br />

Missour Ouest<br />

ONHYM - MND<br />

24 545,60<br />

13 086,90<br />

159 Haut Atlas<br />

ONHYM - HUNT<br />

22 875,00<br />

170 Esssaouira Shallow Offshore ONHYM - CANA MENS<br />

4 921,50<br />

EXPLORATION ZONES<br />

COMPANY<br />

Km<br />

12 Loukos Offshore<br />

ONHYM - MPE<br />

__<br />

13 Casablanca Offshore I<br />

__<br />

14 Casablanca Offshore II<br />

ONHYM - MPE<br />

__<br />

15<br />

16<br />

17<br />

Safi Offshore<br />

Ounara Est<br />

Ounara ouest<br />

ONHYM - MPE<br />

__<br />

__<br />

__<br />

47<br />

48<br />

49<br />

Tanger-Larache 1<br />

Tanger-Larache 2<br />

Tanger-Larache 3<br />

ONHYM - REPSOL YPF - DANA<br />

GAS NATURAL<br />

1 300,00<br />

1 287,00<br />

981,00<br />

6<br />

7<br />

8<br />

9<br />

11<br />

50<br />

Tendrara "A"<br />

Tendrara "B"<br />

Tendrara "C"<br />

Tendrara "D"<br />

Tendrara "E"<br />

Tendrara "F"<br />

ONHYM - MPE<br />

1 594,70<br />

1 598,30<br />

1 595,60<br />

1 046,50<br />

970,10<br />

1 348,90<br />

51 Tendrara "G"<br />

1 510,00<br />

52 Rabat-SalÙ Haute mer I<br />

1 428,00<br />

53 Rabat-SalÙ Haute mer II<br />

1 440,00<br />

54 Rabat-SalÙ Haute mer III<br />

1 999,00<br />

55<br />

56<br />

Rabat-SalÙ Haute mer IV<br />

Rabat-SalÙ Haute mer V<br />

ONHYM - PETRONAS<br />

1 279,00<br />

1 968,00<br />

57 Rabat-SalÙ Haute mer VI<br />

1 792,00<br />

58 Rabat-SalÙ Haute mer VII<br />

1 637,00<br />

59 Rabat-SalÙ Haute mer VIII<br />

1 998,00<br />

60<br />

78<br />

Moulay Bousselham<br />

Boujdour Offshore I<br />

ONHYM - HEYCO - STRATIC<br />

ENERGYCORP.<br />

__<br />

1 615,00<br />

79 Boujdour Offshore II<br />

1 869,00<br />

80 Boujdour Offshore III<br />

1 758,00<br />

81 Boujdour Offshore IV<br />

1 875,00<br />

82 Boujdour Offshore V<br />

1926,00<br />

83<br />

84<br />

85<br />

86<br />

87<br />

88<br />

89<br />

Boujdour Offshore VI<br />

Boujdour Offshore VII<br />

Boujdour Offshore VIII<br />

Boujdour Offshore IX<br />

Boujdour Offshore X<br />

Boujdour Offshore XI<br />

Boujdour Offshore XII ONHYM - KOSMOS<br />

1 925,00<br />

1 934,00<br />

1 924,00<br />

1 929,00<br />

1 952,00<br />

1 936,00<br />

1 933,00<br />

90 Boujdour Offshore XIII<br />

1 946,00<br />

91 Boujdour Offshore XIV<br />

1 937,00<br />

92 Boujdour Offshore XV<br />

1 939,00<br />

93 Boujdour Offshore XVI<br />

1 944,00<br />

94 Boujdour Offshore XVII<br />

1 937,00<br />

95 Boujdour Offshore XVIII<br />

1 950,00<br />

96 Boujdour Offshore XIX<br />

1 947,00<br />

97 Boujdour Offshore XX<br />

1 957,00<br />

98 Boujdour Offshore XXI<br />

1 948,00<br />

99 Boujdour Offshore XXII<br />

1 954,00<br />

100 Boujdour Offshore XXIII<br />

1 953,00<br />

101<br />

102<br />

Rharb Centre<br />

Rharb Sud<br />

ONHYM - CABRE<br />

1 941,70<br />

1 939,70<br />

103 Tselfat<br />

ONHYM - TRANSATLANTIC<br />

899,80<br />

104 Ras Juby<br />

ONHYM - GENTING OIL 2 000,00<br />

106 Sebou<br />

ONHYM - CIRCLE OIL Plc. 269,29<br />

109 Ouezzane -Tissa 1 1 998,40<br />

110<br />

111<br />

112<br />

Ouezzane -Tissa 2<br />

Ouezzane -Tissa 3<br />

Ouezzane -Tissa 4<br />

ONHYM - DIRECT - ANSHUTZ -<br />

TRANSATLANTIC - LONGE<br />

1999,10<br />

1 624,30<br />

1 912,30<br />

113<br />

114<br />

115<br />

117<br />

118<br />

119<br />

120<br />

121<br />

122<br />

123<br />

124<br />

125<br />

126<br />

127<br />

128<br />

129<br />

130<br />

131<br />

132<br />

133<br />

134<br />

Ouezzane -Tissa 5<br />

Agadir Maritime I<br />

Agadir Maritime II<br />

Boujdour Onshore I<br />

Boujdour Onshore II<br />

Boujdour Onshore III<br />

Boujdour Onshore IV<br />

Boujdour Onshore V<br />

Boujdour Onshore VI<br />

Boujdour Onshore VII<br />

Boujdour Onshore VIII<br />

Boujdour Onshore IX<br />

Boujdour Onshore X<br />

Boujdour Onshore XI<br />

Boujdour Onshore XII<br />

Boujdour Onshore XIII<br />

Asilah 1<br />

Asilah 2<br />

Haha 1<br />

Haha 2<br />

Haha 3<br />

ONHYM - GBP<br />

ONHYM<br />

ONHYM<br />

ONHYM - DIRECT - ANSHUTZ -<br />

TRANSATLANTIC - LONGE<br />

ONHYM - PEL<br />

1 998,70<br />

1 605,14<br />

1 654,13<br />

1 759,80<br />

1 921,00<br />

1 947,30<br />

1 911,10<br />

1 967,20<br />

1 962,90<br />

1 907,40<br />

1 999,50<br />

1 988,30<br />

1 938,90<br />

1 965,30<br />

1 918,30<br />

1 997,90<br />

1 372,20<br />

1 382,00<br />

1 608,00<br />

1 760,00<br />

1 551,00<br />

2<br />

Acreage<br />

EXPLORATION PERMITS<br />

P<strong>et</strong>roleum Agreements<br />

Updated : 31 - 12 - 08

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