PCI.L Regulatory News (PCI)

6 Dec 2006 07:01

Petroceltic International PLC06 December 2006 Petroceltic International plc HTT-2 - OPERATIONS UPDATE Isarene Production Sharing Contract Algeria Dublin; 6th December 2006: Hassi Tab Tab 2 - Operational Update Petroceltic is pleased to announce that flow testing has just been completed onthe first of three separate geological horizons through 9 5/8 casing. Gas hasbeen flowed and the initial evaluation of the test data is promising. Photographs of the testing operations are on our website. It is planned to announce further details of test results once all the testingoperations have been completed and the procedures relating to the PSC have beenobserved. 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. 6 December 2006 This information is provided by RNS The company news service from the London Stock Exchange