VOL. XXXIX

No. 38

17-June-1996

ALGERIA

Petro-Canada Announces Start Of Oil Production In Algeria

Calgary-based Petro-Canada announced on 11 June that it had begun oil production from the Tamadanet field in Algeria at an initial rate of 12,500 b/d, which is scheduled to rise later on to the full capacity of 15,000 b/d (MEES, 3 June). The expected recoverable reserves of the field are put at 43mn barrels. Petro-Canada, through its wholly owned subsidiary Petro- Canada (Algerie) Inc.,...