First Calgary Taps Citigroup as Financial Advisor on Ledjmet Debt

First Calgary Petroleums Ltd. (FCP) has appointed Citigroup as its sole financial advisor on the project debt for the development of the MLE gas and condensate field on Ledjmet Block 405b, Algeria.

FCP is working toward approval for the development from the Algerian authorities later this year.

FCP is an oil and gas exploration company actively engaged in international exploration and development activities in Algeria.