Continental Focus, International Reach

Second Development Well Complete on Ain Tsila

Tuesday, May 24, 2016

Petroceltic International reached total depth on its second development well in its Ain Tsila development drilling campaign in Algeria. The AT-13 is the second of up to 24 new development wells on Ain Tsila expected to be required to establish and maintain the currently approved annual average wet gas plateau rate of 355 Mmscf/d.

The AT-13 well reached a total depth of 2,020 meters on May 14, having penetrated 73 meters of gas and condensate bearing Ordovician formation. Wireline logging results from the well indicate excellent reservoir quality, in line with the pre-drill prognosis, and similar to that encountered at AT-8. Well test results will be confirmed later in 2016 when planned batch completion, stimulation and testing activities are undertaken.

The Sinopec Rig will now move to the AT-11 development well which is targeting the Ordovician reservoir and will be drilled as a vertical well to a planned total depth of 2,050 meters MD.


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