Petroceltic International finds gas in Algeria

08 November 2011

Firm discovers AT-7 well in Ain Tsila field capable of producing commercial levels of gas

Ireland’s Petroceltic International has reported positive results from its gas exploration activities in Algeria.

The exploration company said that hydraulic fracturing activities at the AT-7 well in Algeria’s Ain Tsila gas field had produced gas at a flow rate of 4.9 million standard cubic feet-a-day (scf/d).

“This result confirms that commercial gas rates can be achieved in the south of the field, after the mixed results of [the previous] AT-6,” said Petroceltic International’s chief executive Brian O’Cathain in a statement.

The Ain Tsila field is a joint venture between Petroceltic International, which owns 56.625 per cent; Algeria’s Sonatrach, which owns 25 per cent; and Italy’s Enel, which owns the remaining 18.375 per cent.

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