Middle East Economic Survey

VOL. XLIX

No 3

16-January-2006

ALGERIA

First Calgary Granted Six-Month Extension For Rhourde Yacoub Block 406a Exploration

Canada’s First Calgary Petroleums (FCP) on 9 January said it had received a six-month extension on its exploration phase in the Rhourde Yacoub Block 406a in Algeria’s Berkine Basin in order to assess the ZCH reserves. FCP had previously received a three-month extension past the 11 November 2005 deadline to complete the...