Petroceltic Logs Pay in Algeria with ISAS 1 Well

Petroceltic says that its first operated well in Algeria, ISAS 1, has been successfully drilled to its target depth of 2,350 meters through multiple targets in the Carboniferous, Devonian F2 and Ordovician zones. Wireline logs and drilling data have identified hydrocarbon bearing intervals in the Carboniferous and Devonian F2 zones which will now be flow tested. Testing operations, which will commence in the next day or two, are anticipated to take approximately 2 weeks.