ALGIERS, Algeria, Jan. 27 (UPI) -- Spanish integrated oil and gas company Repsol announced new gas discoveries in the Sahara desert in Algeria with 813 million cubic feet of net reserves.
Repsol said in a news release on its Web site that it confirmed significant discoveries in the Reggane, Ahnet and Berkine basins in western Algeria.
Initial testing of the fields showed a preliminary output of 35.3 million cubic feet per day, indicating a high potential, the company said.
The region in the western portion of Algeria is one of Repsol's areas of greatest potential growth, as outlined in the company's 2008-2012 strategic planning documents.
The Algerian government in 2002 and 2003 awarded the Spanish company the rights to explore the fields along with its consortium partners, Algeria's state-owned Sonatrach, Germany's RWE DEA and Italy's Edison S.p.A.
Source: United Press International (UPI).
Link: http://www.upi.com/Energy_Resources/2009/01/27/Repsol_announces_gas_finds_in_Algeria/UPI-13191233074874/.
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