Market Impact: Positive. Valeura has announced the Company has achieved first natural gas sales from its Bati Gurgen-1 well on the 100% owned and operated Banarli License in the Thrace Basin of Turkey. The well has been on stream for nine days and has produced gas from the Osmancik formation at an average restricted rate of 3 mmcf/d. The Company has only perforated 12 metres of net pay compared to the total net pay of 32 metres measures in the Osmancik and Danismen formations. The remaining prod ....
21 Mar 2016
ACHIEVES FIRST NATURAL GAS FROM BANARLI LICENSE
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
ACHIEVES FIRST NATURAL GAS FROM BANARLI LICENSE
Market Impact: Positive. Valeura has announced the Company has achieved first natural gas sales from its Bati Gurgen-1 well on the 100% owned and operated Banarli License in the Thrace Basin of Turkey. The well has been on stream for nine days and has produced gas from the Osmancik formation at an average restricted rate of 3 mmcf/d. The Company has only perforated 12 metres of net pay compared to the total net pay of 32 metres measures in the Osmancik and Danismen formations. The remaining prod ....