Mega Billion Corporation Limited is a leader in the of Nigerian Bonny Light Crude Oil (BLCO) sales market. As a privately held company, Mega Billion Corp. Nigeria Ltd is committed to and is focused on delivering reliable services to all her clients. 
Mega Billion Corporation Nigeria Limited has an excellent track record of reliability in the supply of Bonny light crude oil, BLCO. We protect our buyers with 2% Performance Bond while we also expect protection from our customers with bank instrument from the world's top banks. We deliver on TTO, TTT, CIF and FOB basis.Circle Oil, reported the preliminary results of drilling of the well SAH-W1 in the Sebou Permit, onshore Morocco.
The well is located within the western central area of the Sebou Permit, about 3.2 km to the south west of the main gas gathering station. The well was spud on 19 May and drilled to a TD of 1,263 m MD. Gas shows were encountered at three levels within the target Guebbas sands, but seven inch casing had to be installed (due to mechanical problems) before drilling a six inch hole through the main target interval. The wireline logging confirmed the presence of three gas-bearing zones, and subsequent pressure testing in the six inch hole confirmed permeable high pressure reservoirs.
The rig has been released from this site before running the 4.5 inch liner as this is a non-standard size for drilling these wells and this is being sourced to test and complete the well for production in the future. The net pay from wireline log analysis is 6 m in the Top Guebbas, 6 m in the main target Intra Guebbas and 3 m in the lower part of the Intra Guebbas. The plan is to produce the three zones sequentially from the bottom up, where the highest pressure is present.
Further updates will be provided in due course.
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