VOL. XLI

No. 04

26-January-1998

ALGERIA

Petro-Canada Produces 7,410 B/D From Tinrhert Block In 1997

Calgary-based Petro-Canada announced last week that its 70% share of production fromthe Tamadanet oil field amounted to 5,700 b/d in 1997(compared to 5,200 b/d in 1996)before royalties and the sharing of profit oil. This would indicate that total productionfrom the field averaged around 7,410 b/d during the past year. The Canadian firm and itspartner the state-owned Sonatrach are currently...