Extrem Energy is seeking partners to explore a license in the Turkish sector of the Aegean Sea.
Offshore staff
HOUSTON -- Extrem Energy is seeking partners to explore a license in the Turkish sector of the Aegean Sea.
According to brokers Indigo Pool, a subsidiary of Schlumberger, the Candarli block (license AR/EXT/4219) is in the prolific Western Anatolian region off Turkey’s west coast, in water depths ranging from 10-150 m (33-492 ft).
Commercial oil was discovered recently in the closest analog basin, where Extrem drilled and put wells into production.
There is infrastructure, including a refinery, which Indigo Pool say should facilitate development and early monetization, with high local demand.
The work plan includes seismic acquisition this year, followed by an exploration well.
