VOL. XLVII

No 08

23-February-2004

ALGERIA

First Calgary Announces Fifth Gas Find On Block 405B

Canadas First Calgary Petroleums announced on 9 February it had discovered gas at its MLE-5 well in its 100% held Ledjmet Block 405b in the Berkine Basin. The MLE-5 appraisal well has been drilled and logged to a depth of 4,437ms identifying net hydrocarbon pay of 55ms and confirming the eastward extension of five main hydrocarbon pay zones plus one new zone for a total of six pay intervals, the company...