Middle East Economic Survey
VOL. LII
No 47
23-Nov-2009
ALGERIA
Petroceltic Reports New Gas Discovery On Its Isarene Permit
AIM-listed Petroceltic last week announced the second success of its current drilling campaign, at the gas-prone Isarene permit in southeast Algeria. The INE-2 well, which was drilled to a depth of 1,020ms in June, targeting the Devonian F2 formation, tested gas at a rate of 4mn cfd through a 1-in choke, without the use of fracture stimulation. The Dublin-based company said...
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