Middle East Economic Survey

VOL. XLVIII

No 21

23-May-2005

Algeria

Sonatrach Reports Oil Discovery In Hassi Messaoud

Algerias state-owned oil and gas company Sonatrach on 18 May reported what it described as a significant oil discovery in the Hassi Messaoud region. The company said the discovery confirms the considerable hydrocarbons potential in the Hassi Messaoud area. The discovery was made at the Hassi Guettar West-1 (HGAW-1) well in the Cambrien Ra reservoir on block 427/439a in the Amguid...