Middle East Economic Survey

VOL. XLVIII

No 45

7-November-2005

ALGERIA

Gulf Keystone Says GKS-3 Well Non-Commercial

Gulf Keystone Petroleum, a US-UAE joint venture, on 24 October said its GKS-3 appraisal well had tested non-commercial after being drilled to a depth of 3,981ms. GKS-3 is located on Block 126a, where in August Gulf Keystone completed and abandoned its RTBW-1 well, saying that it had confirmed the companys theory of a new play on Block 126a. The company said on 24 October the results...