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Cub Breaks Ground on Premier Turkish Besni Well Project

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Cub Breaks Ground on Premier Turkish Besni Well Project

Cub Energy Inc. has reported that the Yolduzu-1 (Y-1) exploration well, in which Cub has the right to earn a 50% working interest, has commenced drilling on the Besni Licence in Southeast Turkey.

Yolduzu-1 Well

The Y-1 well is the first well for Cub to drill with its joint-venture partner in Turkey, Calik Petrol. With a planned total depth (TD) of 1,325 metres, the Company expects the well to take approximately 25-days to reach TD. Identified by seismic data acquired in 2011, the primary objective of the Y-1 well is to test the Cretaceous Mardin group in the Anatolian Basin of southeast Turkey.

The Y-1 well is located 20 kilometres to the southwest of the Sambayat Oilfield, which was discovered by Turkish Petroleum in 2008. The Sambayat produces from the Cretaceous Mardin Group with some…

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