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TransAtlantic Touts First Successful Dadaş Completion
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TransAtlantic Petroleum Ltd. reported its first successful completion in the Dadaş interval at a vertical depth of approximately 9,650 feet in the Molla area of southeast Turkey.
TransAtlantic performed a single-stage vertical frac of the Dadaş interval in its Bahar-6 well (100% working interest) over the weekend. The Dadaş interval stimulated is approximately 640 feet above the Bedinan interval. The Dadaş interval is geologically equivalent to the Woodford (SCOOP) or Marcellus formations in North America.
After stimulating the well with more than 1,800 barrels of fluid and 91,000 pounds of proppant, the isolated Dadaş interval had stable, 24-hour initial production of approximately 800 barrels of 35 degree API oil and 500 MCF at 350 PSI on a 24/64" choke. The Company will flow the isolated Dadaş interval for several days before commingling production with the Bedinan intervals and installing production equipment.
TransAtlantic's Chairman and Chief Executive Officer, N. Malone Mitchell 3rd said: "We believe this result from an important resource play is great news for the country of Turkey and great news for TransAtlantic. We thank Viking Services International for its flawless execution in completing the well. We expect this successful Dadaş completion to accelerate our plans to drill horizontally in the interval in 2015."