First Calgary: Technip Unit Wins FEED Contract for Algeria Project

First Calgary Petroleums Ltd., in the context of its relationship with Sonatrach, announced the award of the front end engineering design (FEED) contract for Block 405B Menzel Ledjmet East Project in Algeria to Genesis Oil and Gas Consultants Ltd, which is part of the Technip-Coflexip Group of Companies.

Execution of the FEED cContract took place on May 30, 2007. It is anticipated that the FEED study will take approximately six months.