MORE OPERATORS JOIN BLACK SEA SEARCH

Exploration in the lightly explored Black Sea is starting to take off with new contract awards off Turkey and Bulgaria. BP Exploration signed a 50-50 venture with Turkiye Petrolleri Anonim Ortakligi (TPAO) covering a 76,000 sq km tract in the southeastern Black Sea. And off Bulgaria, Enterprise Oil Exploration Ltd. and British Gas,plc have joined Texaco Inc. in acquiring acreage in the first licensing round in the Black Sea.

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