LONDON (Thomson Financial) - Petroceltic International PLC said it was
confident that its 2008 drilling programme is achievable with current funding.
The company added it will start a seismic survey in Algeria, to be followed
by a drilling programme in the second half of 2008.
Up to three wells are planned for late 2008 and early 2009, two in the Po
Valley and one in the Adriatic, all in Italy, the company said in a statement.
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