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Algeria Update

5th Sep 2006 07:02

Petroceltic International PLC05 September 2006 Petroceltic International Plc ("Petroceltic") Algeria Drilling/Testing Update Further to the Company's press release of the 29th August last and followingfurther evaluation of the logs and drilling data Petroceltic has now elected tocarry out an open hole test of hydrocarbon bearing intervals in the Ordovicianzone as well as the Carboniferous and Devonian F2. It is now estimated thattesting operations will take approximately 2-3 weeks. The above information has been reviewed and verified by Mr. John Craven,Director and Chief Executive Officer of Petroceltic, for the purposes of theGuidance Note for Mining, Oil and Gas Companies issued by the London StockExchange in March 2006. Press queries to: John CravenPetroceltic International plcTel: (01) 495 9285 Ronnie SimpsonSimpson FT PRTel: +3531 260 5300 Billy CleggFinancial DynamicsTel: +442072697157 This information is provided by RNS The company news service from the London Stock Exchange

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