FCP Makes Discovery at LES-1 Well in Algeria

Source: www.gulfoilandgas.com 9/8/2004, Location: Africa

First Calgary Petroleums Ltd. (FCP) announces initial drilling results from the drilling of LES-1, an exploration well located on FCP's 100% held Ledjmet Block 405b in Algeria. Wireline logging of LES-1 indicates the presence of 60 metres of net hydrocarbon pay over multiple geological intervals. LES-1, drilled to 4,311 metres, is located 15 km southwest (SW) of the MLE Field on a separate geological structure. Production testing is anticipated to commence in late September as equipment becomes available.

Richard Anderson, President and CEO stated, "We are extremely pleased with the LES-1 preliminary results. With this well, we have now moved more than 20 km from the original MLE discovery well and are continuing to have excellent drilling results. LES-1 is the most southerly well drilled so far on Block 405b and was located to evaluate a previously undrilled geological structure. The wireline logs indicate the presence of high quality sandstone reservoirs with excellent hydrocarbon saturation."

Summary of FCP's current field operations on Block 405b:
LEC-1: 5.1 km west of MLE Field Cased to total depth (TD) of 4,437 metres. 42 metres of net hydrocarbon pay from wireline logs. Currently production testing. Final results anticipated in late September, 2004.
MZLN-1 5.4 km west of LEC-1 Cased to TD of 4,460 metres. 74 metres of net hydrocarbon pay from wireline logs. Production testing anticipated to commence mid September.
LES-1 10.0 km SW of LEC-1 Cased to TD of 4,311 metres. 60 metres of net hydrocarbon pay from wireline logs. Production testing anticipated to commence late September.
MZLS-1 6.3 km SW of MZLN-1 Drilling at 2,200 metres. Expected TD of 4,500 metres late October.
LEW-1 6.0 km west of MZLS-1 Site preparation under way. Drilling anticipated to commence mid September, 2004.



China >>  8/17/2022 - In Well Long 46 in Well 150, Ordos Town, three researchers from Liaohe Oilfield Exploration and Development Research Institute were carefully analyzin...
India >>  8/17/2022 - ExxonMobil and the Oil and Natural Gas Corporation (ONGC) have signed a heads of agreement (HoA) for deepwater drilling off the east and west coastlin...

Morocco >>  8/9/2022 - Sound Energy, the transition energy company, is pleased to provide an update on the Phase 2 development financing of its Tendrara Production Concessio...
United Kingdom >>  8/8/2022 - The Operator of PEDL241, Egdon Resources U.K. Limited, has filed an appeal on behalf of the Joint Venture partnership against Lincolnshire County Coun...

Sudan >>  8/1/2022 - Firstly, I would like to start with an apology for the late delivery of the latest quarterly CATFLAP. We have been busy working on a number of opportu...
Colombia >>  7/29/2022 - Petrobras confirms the discovery of natural gas accumulation in the Uchuva-1 exploratory well, drilled in deep waters of Colombia, 32 kilometers off t...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 


Gulf Oil and Gas
Copyright 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.