VOL. XXXVIII

NO. 48

28-AUGUST-1995

Algeria

Veba Abandons First Exploration Well In Algeria

Veba Oel announced on 16 August that it had declared non-commercial andabandoned well HEG-1 in Block 432 at Hamadat El Guelta about 200 kms. east ofHassi Messaoud. Veba drilled to a depth of 4,048 meters through the site'sCambro-Ordovician sandstone and found a small accumulation of 42øAPI oil,"but due to the tight reservoir, the well was classified as non-commercialand plugged and abandoned," according to a...