Middle East Economic Survey

VOL. L

No 8

19-Feb-2007

ALGERIA

First Calgary Reports New Discoveries In Block 405b

Canadas First Calgary Petroleums (FCP) on 7 February reported discoveries at appraisal wells in Block 405b. FCP said the combined flow from wells LES-4, MZLN-2, and MZLS-2 was 21,303 barrels of oil equivalent/day. This consisted, the company said, of a normalized flow rate of 13,161 b/d of condensate and 48.9mn cfd of gas. FCP said the MZLN-2 well discovery defined two new pools within a...