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Algeria Launches its 2nd International Exploration Round

Source: www.gulfoilandgas.com 7/1/2009, Location: Africa

The National Agency for Hydrocarbon Resources Valorisation «ALNAFT» announces the launching of the second national and international bidding call for award of exploration and exploitation hydrocarbons perimeters.

Oil companies pre-qualified by ALNAFT as operator and /or investor are requested to express their interest to participate in this call for bids.

Perimeters Offered for Bids:
These perimeters are located in different Algerian hydrocarbon sedimentary basins presenting a high potential of hydrocarbon resources.

Basin: GOURARA
Perimeter: Ahnet
Block: 337b, 338b, 339 a2, 339b, 340b, 341b, 341a2
Surface (km): 17358

Basin: ILLIZI
Perimeter: Oudoume
Block: 223b, 245n
Surface (km): 2902

Basin: ILLIZI
Perimeter: Gara Tesselit /Ouest Ohanet
Block: 245 Sud, 239b, 234c
Surface (km): 6665

Basin: ILLIZI
Perimeter: Sud-Est Illizi
Block: 232, 241
Surface (km): 5641

Basin: AMGUID MESSAOUD
Perimeter: Touggourt
Block: 433a, 416b
Surface (km): 6034

Basin: BERKINE
Perimeter: Bir Romane
Block: 414s, 443b, 444n
Surface (km): 4641

Basin: BERKINE
Perimeter: Hassi Bir Rekaiz
Block: 443a-424a-415ext-414ext
Surface (km): 5670

Basin: BERKINE
Perimeter: Timissit Ouest
Block: 208Est, 211
Surface (km): 6240

Basin: BERKINE
Perimeter: El Aricha El Tahtania
Block: 407
Surface (km): 4392

Basin: REGGANE
Perimeter: Reggane DjebeL Hirane
Block: 328b, 362b, 352d
Surface (km): 9386

Ahnet, Bir Romane, and El Aricha El Tahtania perimeters are currently operated by Sonatrach SPA proposed in the framework of a partial interests’ assignment.

Timing of the Call for bids:
- July 27th, 2009: general presentation to interested companies of technical data and main contractual dispositions relating to each project as well as the data rooms modalities of participation at the Sheraton Hotel (club des pins, Algiers at 9 : 30 am).

- From August 15th to October 22nd, 2009: data room sessions during which technical data and book of specifications relative to each project will be provided to the interested companies.

- From September 2nd to October 26th, 2009: clarification meetings relating to contractual and statutory dispositions will be held with companies requesting such meetings. Companies could make written proposals to ALNAFT on changes they wish to bring to the contractual documents, until October 26th, 2009.

- At the latest on November 09th, 2009, ALNAFT will transmit the final contractual documents and inform all the bidding companies of modifications that may have been made.

- On December 20th, 2009 at 10:00 AM (local time): deadline for submitting the offers and public opening of the bids, in Algiers at 10.30 am.

- On January 16th, 2010 at 2:00 PM (local time): the contracts signature in Algiers.

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