Algeria: Petroceltic Completes Drilling of AT-5z Well

Petroceltic International plc announced that well AT-5z has completed drilling at a total depth of 2421 metres along hole, and has a horizontal section in the main Ordovician reservoir of 376.5 metres.

Good gas shows have been encountered throughout the reservoir section.

The horizontal section will now be evaluated by drillpipe conveyed logging tools. A multi-stage completion will be run on completion of the logging.

The company expects to suspend the well for testing by 24th May 2011, with test results expected in June.

[mappress]

Source: Petroceltic International, May 13, 2011;