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home / news releases / USL - Sonatrach Significantly De-Risks The Liassic Play In The Benoud Trough Northern Algeria


USL - Sonatrach Significantly De-Risks The Liassic Play In The Benoud Trough Northern Algeria

  • Sonatrach made the second hydrocarbon discovery in the Liassic play of the Benoud Trough with the drilling of the Ouled Sidi Cheikh 1 (OSC-1) wildcat.
  • If the initial success in the Benoud Trough is confirmed, as OSC-1 suggests, this would be a big breath of fresh air for the Algerian Upstream sector.
  • Sonatrach suggests that as some of the numerous prospects and leads will be drilled in the basin, a new hydrocarbon district could emerge to the west of the super-giant gas-producing field Hassi R'Mel.

For further details see:

Sonatrach Significantly De-Risks The Liassic Play In The Benoud Trough, Northern Algeria
Stock Information

Company Name: United States 12 Month Oil
Stock Symbol: USL
Market: NYSE

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