Next phase for Algeria exploration

PETROCELTIC INTERNATIONAL, the oil and gas explorer, has won approval for its Isarene permit in Algeria to enter the next two-year exploration phase and said initial results are “encouraging”.

The explorer’s Ksar Hadada permit in Tunisia was also renewed for three years, and seismic data show “a number of exploration prospects”, the Dublin-based company said yesterday.

“These agreements secure these permits for Petroceltic and its partners in both Algeria and Tunisia for the coming years,” said chief executive John Craven.

More in this section

IE_180_logo
Price info

Subscribe to unlock unlimited digital access.
Cancel anytime.

Terms and conditions apply

The Business Hub
Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Sign up
Puzzles logo
IE-logo

Puzzles hub

Visit our brain gym where you will find simple and cryptic crosswords, sudoku puzzles and much more. Updated at midnight every day. PS ... We would love to hear your feedback on the section right HERE.

Lunchtime
News Wrap

A lunchtime summary of content highlights on the Irish Examiner website. Delivered at 1pm each day.

Sign up
Revoiced
Newsletter

Our Covid-free newsletter brings together some of the best bits from irishexaminer.com, as chosen by our editor, direct to your inbox every Monday.

Sign up