The Cayirdere-1 well is located in Area B of the Thrace Joint Venture, which is owned 50% by Amity and 50% by TPAO. Area B is operated by TPAO.
Cayirdere-1 was spudded on April 16, 2003 and reached a total depth of 907 meters on April 26th. The Cayirdere-1 well discovered a 19 meter gross (16 meter net) gas column in good quality sandstones of the Danismen Formation. The well was perforated over a 9-meter interval between 649 meters and 658 meters. A stabilized flow rate of 3.1 million cubic feet of gas per day was recorded through a 3 /8 inch choke, at a surface flowing pressure of 761 psi and initial and final surface shut-in pressures were both 845 psi. Cayirdere-1 is located about 33 kilometers southeast of the Gocerler gasfield in Turkey.
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