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PetroVietnam Makes Oil Discoveries in Algeria

04-09-2008

PetroVietnam Exploration and Production (PVEP), under the Vietnam Oil and Gas Group (PetroVietnam), has found oil at BRS9 well on Bir Seba field, Lot 433a & 416b in Touggourt area, the Sahara Desert, Algeria.

Initial survey at the depth of 4,000 metres showed that the oil field can produce more than 5,000 barrels a day.

Oil was found at the well after only 63 days drilling, the shortest drilling period so far.