FPL First Calgary

    First Calgary Petroleums Ltd

    TSX SYMBOL: FCP

    LSE SYMBOL: FPL

    CALGARY, Nov. 27 /CNW/ - First Calgary Petroleums Ltd. (FCP) today

advised the MLE-2 well located on its 100% held Ledjmet Block 405b in Algeria,

has reached a depth of 3100 metres and 7 inch production casing is being set.

The well will then be drilled to a total depth of 4450 metres to evaluate all

potential pay zones, including the Triassic TAGI formation, the Carboniferous

F1 sandstone, and the Devonian. This will be followed by an extensive

production testing program of all prospective zones. The MLE-2 well is located

2.5 km updip from the MLE-1 well which production tested 43 million cubic feet

per day of gas and 1745 barrels per day of condensate from 3 zones.

    The Board of First Calgary Petroleums also regrets to announce that

Eleanor Barker - Vice President, Investor Relations - has had to tender her

resignation with immediate effect due to personal reasons. The Board wishes

her well in the future.

   

    For further information: Richard G. Anderson, President and CEO,

Telephone (403) 264-6697, European Contact: 4C Communications: Carina Corbett

Telephone +44 (0) 20 7907 4761; Website: www.fcpl.ca

(FPL)



END

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