Turkey

Tiway Turkey Ltd. and TransAtlantic Petroleum Ltd. discovered gas at the Bakuk-101 well on the 96,000-acre License 4069 in southeastern Turkey near the borders with Syria and Iraq.

By OGJ editors
HOUSTON, June 29
– Tiway Turkey Ltd. and TransAtlantic Petroleum Ltd. discovered gas at the Bakuk-101 well on the 96,000-acre License 4069 in southeastern Turkey near the borders with Syria and Iraq.

The well, on the 30-km long Bakuk anticline, encountered gas at unspecified but clearly commercial rates from a marly sandstone in the Cretaceous Germav formation at about 3,150 ft. The companies are evaluating options to further appraise the reservoir.

As a result of drilling Bakuk-101, TransAtlantic will earn a 50% interest in License 4069 once certain logs have been obtained.

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