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Otto makes its 5th gas discovery in Turkey


Published Apr 21, 2008
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Otto and Incremental provides drilling report for the Edirne Licence, Thrace Basin, Turkey-Spotlight

Otto Energy and Incremental Petroleum have declared the confirmation of several gas bearing intervals in Kuzey Arpaci-1 well, the second well of a 5-well drilling program currently underway in the Edirne Licence in Western Turkey.

The Kuzey Arpaci-1 encountered several potential net gas pay intervals totalling over 40 m between 297 and 505m. This is more than double than hoped for.

Kuzey Arpaci-1 has been drilled to a total depth of 540m and the structure is one of 17 prospects mapped on 3D seismic.

The Kuzey Arpaci-1 is now being completed with 5 inch casing to total depth for flow testing at the end of the drilling campaign. The drilling program is designed to prove up significant volumes of gas to enable a combination of these gas discoveries to be placed on production by mid-2009.

The partners in the Edirne Gas project are Incremental Petroleum 55% (joint operator), Otto Energy 35%, and Turkish partner and Petraco 10% (joint operator)

Commenting on the news Dr Jaap Poll, Director of Otto Energy said: “Otto is pleased with these better than hoped for results in the second of the 5 well drilling campaign in Turkey. The Kuzey Arpaci-1 is the 5th well drilled since Otto acquired the Edirne licence in 2004. All 5 wells have resulted in new-field gas discoveries. These small gas fields are relatively close together and can be developed through a central development hub.”

Tags: Incremental Petroleum, Otto Energy Limited




   

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