On 14 November 2019, Hunt Oil (HUNT), through its subsidiary Hunt Oil Company Morocco, was officially awarded the Mogador Offshore permit. The exploration block, of 11,765 sqkm, is located north of the recently awarded Inezgane Offshore permit and is part of the Essaouira Basin. This is the sixth contract awarded by ONHYM in 2019 and Hunt's third award in Morocco, together with Tadla and Haut Atlas, both relinquished in 2009.  In July 2019, Hunt with its partner OHNYM filed an application for the block. During the previous contracts, three wells have been drilled, all of them dry, and nine exploration surveys (2D and 3D) have been conducted in the Essaouira area.  Hunt will operate the permit with a 75% interest and ONHYM will hold the remaining 25%.
Morocco, Mogador Offshore