E.ON, Sonatrach Discover More Oil, Gas in Algeria

E.ON and Sonatrach have made further oil and gas discoveries in the Rhourde Yacoub license area in Algeria.

In cooperation with Sonatrach, the Algerian National Oil & Gas Company, E.ON has successfully completed the drilling and testing of the 7th exploration well in block 405a and found oil and gas in the NEY-1 well. The Rhourde Yacoub license is located in the eastern Algerian Sahara.

The Rhourde Yacoub license is located in the oil and gas-prone Berkine basin and E.ON E&P was awarded this block in a license round in December 2008. Since then the company has drilled 7 exploration wells and made several encouraging discoveries in the license area.