Asset Report

MLE and CAFC (405b)

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Block 405b holds the MLE and CAFC onstream oil and gas developments, operated by Eni. The block sits onshore in the eastern Berkine Basin in Algeria.The first discovery, Menzel Ledjmet Est (MLE), was made by The Louisiana Land and Exploration Company (LL&E) in the mid-1990s but deemed uncommercial and relinquished. First Calgary Petroleum (FCP) acquired the licence in 2001. The company successfully appraised MLE and made six additional oil and wet gas discoveries - known collectively as ...

Table of contents

  • Summary
  • Key Issues
    • Regional gas hub for growth areas
  • Exploration costs
  • Capital costs
  • Operating costs
  • Petroleum Windfall Tax
  • Cash flow
  • Global Economic Model (GEM) file
  • Cash Flow
  • Indicative Technical Valuations

Tables and charts

This report includes the following images and tables:

    Index mapBlock 405b mapParticipation
    Discovery wellsReserves (2P) at 01/01/2026Production (2015-2024)Production profileCapital Costs Pre-2016 to 2024 (US$ million)Operating Costs 2024 to 2033 (US$ million)Annual gas pricesCash Flow (US$)PV Table (US$)
  • 7 more item(s)...

What's included

This report contains:

  • Document

    MLE and CAFC (405b)

    PDF 2.56 MB