ALGERIA

 

Rhourde Yacoub Firms Up Promise

Germany’s E.ON on 17 July announced it has made a fourth discovery on its Rhourde Yacoub (Block 406a) license area in Algeria’s prolific Berkine Basin. The discovery, NEY-1, was E.ON’s seventh well on the block, awarded in Algeria’s seventh bidding round in December 2008. The company did not disclose test results but said it plans to drill “several wells over the next two years to evaluate...