Sonatrach – First Calgary Award of the FEED Contract For Block 405b MLE Project, Algeria

Wednesday, June 06, 2007

First Calgary Petroleums Ltd., in the context of its relationship with Sonatrach is pleased to announce the award of the Front End Engineering Design Contract for Block 405B Menzel Ledjmet East Project to Genesis Oil and Gas Consultants Ltd (part of the TECHNIP-Coflexip Group of Companies). Execution of the FEED Contract took place on 30th May 2007. It is anticipated that the FEED study will take approximately six months.

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