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ENERGY NEWS

 
     
 

Otto spuds well in Turkey

Posted: 28 April 2008

Otto Energy, an Australian based oil & gas company, reported the spudding of the third shallow gas well in 2008 of the Edirne gas project in Western Turkey.

It is expected that the well will reach its planned total depth of around 400m early next week, when a further announcement will be made.

Highlights

Ortakci-1 is the third of five wells planned. The drilling campaign targets a total of 10 – 20 bcf of recoverable gas from shallow reservoirs in the Thrace Basin, onshore Turkey.

The Ortakci prospect lies about 8 km west of the five gas discoveries made by the Joint venture to date in the Edirne Licence and is also covered by 3D seismic.

 

 
     

 

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