SPAIN

Oil and gas deposits have been found in both onshore and offshore locations. In terms of commercially exploitable fields, the most significant area has been the Gulf of Valencia (or Ebro delta) basin off Spain's eastern coast in the Mediterranean. Important gas discoveries have been made in the Cantabrian basin off Spain's northern coast in the Bay of Biscay, and onshore in the south of the country along the Rio Guadalquivir basin.

The Gulf of Valencia basin is located largely offshore between the eastern Spanish coast and the Balearic Islands. It is Spain's most important oil province and contains the Amposta, Casablanca, and Dorada fields, together with other minor satellite oil fields. The fields are characterized by structural traps, comprising uplifted horsts and fractured and karstified Mesozoic carbonate reservoirs, sealed by Tertiary shales.

medOil has applied for three contiguous permits in the southern Gulf of Valencia basin which cover an area of 2,380 sq.km. Water depths range from 50 meters to over 2,000 meters. As there was no counter application post gazetting of these permits, we expect award of these permits in the near future. We will have a 100% interest in the licenses.

Potential hydrocarbon plays identified on the permits have successful analogues in the northern Gulf of Valencia:

uplifted horsts and fractured karsified Mesozoic carbonate reservoirs, sealed by Tertiary shales.

With the addition in our area of interest:

tilted fault-blocks with the potential of multi-layered reservoir sequences
we believe the "Ascla" formation to be a potentially major source rock unit in the petroleum geology of this southern Gulf area. This Jurassic-aged shale and marl unit, is the same age as the prolific Kimmeridgian source rock of the North Sea petroleum province.

Our initial work program will be to fully evaluate the existing technical data available in the three permits and to formulate a more extensive program incorporating our petroleum generation and trapping ideas so as to optimize the next phases of exploration activity.

Fuente: RIGZONE - medOil Reports Final Results

Web medOIL: About us

QUE CALLADITO SE LO TENÍA ZAPATERO

¿medOIL... a la bebida?

para tres peos de velociraptor que habrán encontrado la que montan los jodíos.

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Estos deben ser primos hermanos de los que encontraron oro en el rio Narcea hace unos años.

Unos lumbreras.

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Espero que dé para compensar unas cuantas quiebras inmobiliarias.

Ahora ya lo tengo claro , lo de los catalanes con lo de los Països Catalans esos es por que ellos sabían que teníamos petróleo y quieren echar mano,joer que listos.


PD-A las mariscadassssssss valencianos todos y eso.

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Como pongan una plataforma habrá que pasar a las manos...


Saludos

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