CALGARY, June 6 /CNW/ - 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.
This news release includes statements about expected future events and
financial results that are forward looking in nature and subject to risks and
uncertainties. First Calgary Petroleums Ltd. cautions that actual performance
may be affected by a number of factors, many of which are beyond its control.
Future events and results may vary substantially from what First Calgary
Petroleums Ltd. currently foresees.
For further information:
For further information: First Calgary Petroleums Ltd.: Richard G.
Anderson, President and CEO, Tel: (403) 264-6697; John van der Welle, Finance
Director and CFO, Tel: +44 (0) 20 3159 4010; Other Contacts: James Henderson,
Pelham Public Relations, Tel: +44 (0) 20 7743 6673; Carina Corbett, 4C -
Burvale Limited, Tel: +44 (0) 20 7559 6710; Nominated Adviser: John Wilkes,
David Nabarro, Nabarro Wells & Co. Limited, Tel + 44 (0) 20 7710 7400