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 Europa's recently awarded Inezgane Offshore permit, in 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. No renewal schedule or commitments have been reported, but according to the Moroccan legislation, exploration permits have an eight-year duration, split in two or three exploration phases, with a possible extension for two years.  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%.
An offshore exploration contract designated Mogador was been signed up by Hunt (75% op.) and Onhym (25%) for acreage off Essaouira. Mogador is a Petroleum Contract, as opposed to Hunt's other Reconnaissance Permits Tadla and Haut Atlas.