Middle East Economic Survey


No 24



MLE Field Has Gas Reserves In Excess Of 7 TCF, Says FCP

First Calgary Petroleums (FCP) on 9 June announced test results on the MLE-5 gas well, the fifth gas and condensate well located on the companys 100%-held MLE field in Algeria (MEES, 5 January). The MLE-5 appraisal well flowed gas and condensate from three zones testing 8,546 b/d of oil equivalent, comprising 42mn cfd of gas and 1,596 b/d of condensate at 2,000psi wellhead...