Sonatrach makes 18 hydrocarbon finds over first half in 2014

Thirteen finds were made during the six first months of 2014, seven of which are relating to oil and six to gas, in the basins of Berkine, Illizi, and Oued Mya, around the fields of Hassi Messaoud, as well as in the basin of Gourara, in the country's southwest, Sonatrach said in a statement.
"As part of the same exploration programme, Sonatrach made five other oil and gas discoveries in July and August," the statement added.
"The latest finds, under assessment currently, bring the number of (hydrocarbon) discoveries since the beginning of 2014to eighteen."
The thirteen finds made in the first half of 2014 contain a volume of hydrocarbons estimated, according to Sonatrach, at 235 million proven and probable ton of oil equivalent (TOE) and 159 million possible TEO.