PCI.L Regulatory News (PCI)

11 Oct 2006 11:41

Petroceltic International PLC11 October 2006 Petroceltic International plc ('Petroceltic' or the 'Company') Petroceltic Commences Drilling on Hassi Tab Tab 2 Petroceltic is pleased to announce that its 2nd well, Hassi Tab Tab 2 (HTT - 2),in the Isarene block in Algeria was spudded on 9th Oct 2006. It is expected thatoperations on the HTT - 2 well will take between 4 and 6 weeks to complete. Petroceltic's partner in the Isarene block is Sonatrach, the Algeria state Oiland Gas Company. For further information on Petroceltic's Algerian interest including Hassi TabTab 2 please refer to our website www.petroceltic.ie. 11 October 2006 Ends Press queries to: John Craven Petroceltic International plc Tel: +353 (01) 495 9285 Ronnie Simpson Simpson FT PR Tel: +353 (01) 260 5300 Billy Clegg Financial Dynamics Tel: +44 (0)207 2697157. This announcement has been issued through the Companies Announcement Service of the Irish Stock Exchange This information is provided by RNS The company news service from the London Stock Exchange