Exploration & Production | Top Story
Cub Energy Hits TD at Turkish Shale Well; Eyes Dadas Shale Development
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Cub Energy Inc. has reported the completion of drilling operations for the Yolduzu-1 (Y-1) exploration well in Turkey.
The Company has the right to earn a 50% interest in the Y-1 well from its joint-venture partner, Calik Petrol.
Yoduzu-1 Exploration WellThe Y-1 was drilled to a total depth of 1,300 metres with the primary objective to test the Cretaceous Mardin Group in the Anatolian Basin of southeast Turkey. The Y-1 well is the first of two prospects on a structural trend near the Sambayat oilfield. The Sambayat Oilfield is the largest oil discovery in Turkey in the past 10 years. Data from the Y-1 well will be used to calibrate the second prospect on the Besni Licence.
Oil shows were observed during the drilling of the Karababa and Derdere formations of the Mardin group and…
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