Middle East Economic Survey
VOL. XLVIII
No 38
19-September-2005
ALGERIA
First Calgary Petroleums Abandons RTN-1 Exploration Well On Block 406A
First Calgary Petroleums (FCP) announced on 8 September that it would abandon the RTN-1 exploration well on Block 406a after encountering non-commercial quantities of oil and gas. The drilling of RTN-1 began in August. FCP earlier suspended operations on the ZCHW-1 well due to mechanical difficulties (MEES, 1 August). Once RTN-1 is completely abandoned, the...
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