Middle East Economic Survey


No 50



Petroceltic Announces Successful Test On AT-2 Well

Irelands Petroceltic announced on 7 December the successful testing of a discovery well on its Isarene permit in southeast Algeria. The AT-2 well in the Ain Tsila field flowed 4.9mn cfd of gas on test, in line with the firms expectations, and was said to be capable of flowing gas at commercial rates. The well also logged 4ms of gas bearing sandstone in the Devonian F2 horizon, which...