ALGERIA/EGYPT 
 
Petroceltic Eyes Algerian And Egyptian Expansion
 
Irish independent Petroceltic is eyeing an eventual doubling of production at its key Algerian discovery as well as a near-term farm down. The company also has ambitious Egyptian exploration plans.
 
Petroceltic completed the takeover of UK firm Melrose on 11 October – uniting Petroceltic’s massive undeveloped Ain Tsila gas find in Algeria with Melrose’s mature production in Egypt...