Exploration & Production | Drilling & Completions | Top Story
Anatolia Breaks Ground at Turkish Exploration Well
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Anatolia Energy Corp. has reported that its partner, Çalık Enerji San. ve Tic. AŞ. (Calik), has commenced drilling at Giremir-1, the initial exploration well on the Sinan Licence in Turkey, where Anatolia can earn a 50% interest.
The Giremir-1 commitment well will satisfy the drilling requirements on the Sinan Licence pursuant to its Joint Venture agreement with Calik and as required by the General Directorate of Petroleum Affairs (GDPA), Turkey's energy regulatory body. Drilling of Giremir-1 satisfies the work commitment of the Sinan Licence during its initial four year exploration period and satisfies the district drilling obligation which includes the Bismil Licences.
Giremir-1 is expected to be drilled to a depth of approximately 1,250 meters for a total cost of US$1.4 million. The…
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