Area Drilling

TurkeyThe government awarded TransAtlantic Petroleum Corp., Calgary, three exploration licenses in southeastern Turkey near the border with Iraq.The 4-year licenses cover a combined 162,762 acres. Combined work commitments will total $300,000 in 2 years. Other commitments to gather seismic data or drill wells will be made later.Two licenses are near Bismil on the Tigris River adjacent to Molla and Karakilise producing oil fields. The company will target an underexplored Paleozoic play at 3,000 m.The third license is near Cizre 60 km from the Iraq border and targets a deep Zagros-type subthrust play. An anticipated exploratory well on a nearby block just east could provide support for the ...

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