Middle East Economic Survey

VOL. XLIX

No 36

04-Sept-2006

ALGERIA

Petroceltic Completes First Well In Isarene Permit

Irelands Petroceltic International on 30 August said it had completed its first operated well in Algeria, ISAS-1, which was spudded in late July. It reached its target depth of 2,350ms, passing through multiple targets in the Carboniferous, Devonian F2 and Ordovician zones. Petroceltic said wireline logs and drilling data had identified hydrocarbon bearing intervals in the...