Algeria’s Berkine basin gets new area of promise

10/09/2006
A new core area for future appraisal and potential development is emerging in the central part of Menzel Ledjmet Block 405b in eastern Algeria’s Berkine basin, said operator First Calgary Petroleums Ltd., Calgary.On the block’s east side, First Calgary looks for Sonatrach to issue an exploitation license in late 2006 for giant MLE gas-condensate field. MLE, with gross probable and possible reserves of 6.6 tcf and 903 million bbl in Lower Devonian to Triassic pays at the end of 2005, is to start producing in 2009.MLE, which First Calgary has appraised since obtaining the 1,104-sq-km block in 2001, is one of the largest gas discoveries in the country in recent years. Current map...
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