Anatolia Energy announces spudding of the Guvenir-1 well on the Antep Licence in Turkey
2012年8月16日 - 10:00PM
PR Newswire (Canada)
CALGARY, Aug. 16, 2012 /CNW/ - Anatolia Energy Corp. (the
"Company") is pleased to announce that its partner, Çalık Enerji
San. ve Tic. AŞ. ("Calik"), has commenced drilling at Guvenir-1,
the initial exploration well on the Antep Licence in Turkey, where
Anatolia holds a 50% interest. Guvenir-1 will be the first well to
target the Dadas Shale on the 845,418 gross acre (422,709 net
acres) Antep Licence where our independent third party resource
evaluator, Ryder Scott, has allocated 318 MMBbls (159 MMBbls net)
of unrisked prospective resources (June 11, 2012 news release).
Drilling of the well is expected to take approximately 80 days to
reach a total depth of approximately 8,500 feet (2,600 meters). The
Company plans to extract core samples from the Dadas Shale in
Guvenir-1 which will be analyzed in a specialized core laboratory
in Calgary for properties and rock mechanics. Following receipt of
the core analysis from the Guvenir-1 well, the Company intends to
conduct a fracture stimulation test within the Dadas Shale. The
test will provide critical data to help management design the
optimal full horizontal well and multi-stage fracture stimulation
which is anticipated to more effectively and efficiently determine
the productive capacity of the shale interval. In addition to the
unconventional Dadas Shale, the Guvenir-1 well will test the
conventional Bedinan reservoir (Ordovician) which sits immediately
below the Dadas. On an aggregate basis, Anatolia Energy has an
interest in 11 licences in Turkey with exposure to 1.2 million
gross acres (581,428 net) of Dadas Shale and/or conventional oil
prospective acreage. Within the Antep Licence, the Company
has identified an expansive area of prospective Dadas Shale and
numerous prospects in the Bedinan sand. About Anatolia Energy Corp.
Anatolia is an international oil and gas company engaged in the
exploration and development of oil and gas assets in Turkey.
Anatolia has the right, pursuant to its joint venture agreements
with Çalık Enerji San. ve Tic. AŞ., the wholly-owned oil and gas
subsidiary of the large Turkish conglomerate Çalık Holding A.Ş., to
earn working interests between 25% and 50% in two development
licences and working interests of 50% in nine exploration licences
covering 1,162,856 gross acres of land in Turkey's proven
Southeastern oil basin. Anatolia is focused on four play types in
Turkey namely the Silurian Dadas shale oil trend, Paleozoic Bedinan
sand trend, Cretaceous Mardin strike slip trend and Garzan reef
trend. The Dadas formation in southeast Turkey is an
extension of the prolific Silurian source rocks of the Middle East.
Cautionary Statements Prospective resources are those quantities of
petroleum estimated, as of a given date, to be potentially
recoverable from undiscovered accumulations by application of
future development projects. Prospective resources have both an
associated chance of discovery and a chance of development.
There is no certainty that it will be commercially viable to
produce any portion of the prospective resources. Certain
information included in this press release constitutes
forward-looking information under applicable securities
legislation. Such forward-looking information is provided for
the purpose of providing information about management's current
expectations and plans relating to the future. Readers are
cautioned that reliance on such information may not be appropriate
for other purposes, such as making investment decisions.
Forward-looking information typically contains statements with
words such as "anticipate", "believe", "expect", "plan", "intend",
"estimate", "propose", "project" or similar words suggesting future
outcomes or statements regarding an outlook. Forward-looking
information in this press release may include, but is not limited
to, information with respect to: ultimate economic viability of the
Dadas Shale, operational decisions and the timing thereof, and
timing for drilling and exploration plans on the properties of
Anatolia. Forward-looking information is based on a number of
factors and assumptions which have been used to develop such
information but which may prove to be incorrect. Although
Anatolia believes that the expectations reflected in such
forward-looking information is reasonable, undue reliance should
not be placed on forward-looking information because Anatolia can
give no assurance that such expectations will prove to be correct.
Readers are cautioned that the foregoing list is not exhaustive of
all factors and assumptions which have been used. Anatolia
undertakes no obligation to update forward-looking statements if
circumstances or management's estimates or opinions should change,
unless required by law. For further information on the Company and
the risks associated with its business, please see the Company's
AIF dated June 4, 2012, which is available on SEDAR. The
reader is cautioned not to place undue reliance on this
forward-looking information. Neither the TSX Venture Exchange nor
its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release. Anatolia Energy Corp.
CONTACT: Peter Argiris, VP Business DevelopmentAnatolia Energy
Corp.403.802.0770 ext. 225
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