Middle East Economic Survey

VOL. XLVII

No 41

11-October-2004

ALGERIA

First Calgary Petroleums Announces Gas/Condensate Discovery On Block 405B

First Calgary Petroleums (FCP) announced on 27 September it had made a further gas/condensate discovery at its LEC-1 well on Algerias Block 405b in the Berkine Basin. The LEC-1 well was logged to a depth of 4,437ms and wireline logs indicated the presence of 42ms of net hydrocarbon pay over multiple intervals. The company said that production testing had...