Onshore Turkey Düzce G26-A License Farm-Out Interest

Opportunity
Onshore Turkey Düzce G26-A License Farm-Out Interest
Summary
Enpet Energy & Petroleum Limited (“Enpet”) holds a 100% interest in the Duzce G26-A License, one of four exploration blocks in the Sakarya-Duzce License area in Northern Turkey, Figure 1.1. This License area comprises a total of four blocks immediately south of TPAO’s successful Akcakoca project & recently discovered Tuna-1 gas discovery off its Black Sea coast to 405 billion cubic meters – equivalent to around 14.3 trillion cubic feet. Two main prospects, Paleosen-Eocene and Akveren have been identified for drilling with mean prospective resources of 3.5 and 5.8 billion cubic meters, respectively.
Region:
Europe/Caspian/CIS
Country
Turkey
Company:
Enpet Energy & Petroleum Ltd.
Company Logo:
Address:
Next Level, 3C-1 Blok, No: 160, 06510, Ankara, Turkey
Tel No:
+905362132080
Email:
Website:
Date posted:
January 4, 2021 at 4:11 pm
Type of Deal:
Farm Out
Hydrocarbon Type:
Oil/Gas
On/Offshore:
Onshore
Opportunity Details:

• The license was awarded to Enpet on December 2nd, 2017 for 5+1 year term.
• Adjacent to TPAO’s successful Akcakoca project & recently discovered Tuna-1 gas discovery off its Black Sea coast to 405 billion cubic meters – equivalent to around 14.3 trillion cubic feet.
• Two main prospects, Paleosen-Eocene and Akveren have been identified for drilling with mean prospective resources of 3.5 and 5.8 billion cubic meters, respectively.
• New 2D seismic interpretation indicates potential hydrocarbons on structure.
• 4 Shallow well exploration wells are planned for 2021.
• Excellent quality infrastructure with multiple export options.
• Enpet Energy & Petroleum holds 100% operated interest.

Further information:
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Uploaded byCaglar Gurcan
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