Turkey: Large, low cost onshore gas field exploration
Proven Petroleum System, Direct Farm-in: A unique opportunity to participate in large, low cost onshore gas field exploration and appraisal with prospective resources of 328 Bcf of Gas, plus further upside.
Al Saaha Offices B 404, Burj Khalifa, Souk Al Bahar, Dubai, UAE
October 31, 2022 at 9:08 am
Type of Deal:
MPP-Energy and Enpet Energy are co-operating to farm out a material interest in the Duzce G26-A license operated by Enpet, one of four exploration blocks in the Sakarya-Duzce license area in Northern Turkey. The licence was awarded in December 2017. Since the award, a 2D seismic survey was obtained and interpreted to mature the G26-A prospect ready for drilling. This licence area comprises a total of four blocks immediately south of TPAOs successful Akcakoca project and recently discovered Tuna-1 gas discovery. Two main prospects in the Paleocene-Eocene and Cretaceous Akveren have been identified for drilling with mean prospective resources of 328 Bcf of gas in the main target, plus further upside.
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