Middle East Economic Survey

VOL. XLVII

No 51/52

20/27-December-2004

ALGERIA

First Calgary Announces Test Success For MZLS-1 Exploration Well

Canadas First Calgary Petroleums (FCP) announced on 8 December the successful testing of its MZLS-1 exploration well located on the 100%-owned Ledjmet Block 405b in Algeria. Production testing of the well has resulted in successful tests of gas and condensate of 19,422 b/d of oil equivalent (b/doe), comprised of 72.6mn cfd and 7,321 b/d of condensate,...