Toreador Identifies Six Prospects in the Western Black Sea

Toreador Resources has identified at least six gas prospects in the shallow-water western Black Sea. Toreador believes that these prospects have a per-prospect reserve potential ranging from 200 billion cubic feet to 1 trillion cubic feet. The reserve potential estimate is the result of a 2D seismic survey completed on four contiguous permits in 2002.

The company anticipates selecting two well locations, with drilling targeted to begin by early 2004. Toreador is operator and holds a 49% working interest in eight Black Sea permits. The Turkish national oil company, TPAO, holds the remaining interest.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles
Related Articles


Brent Crude Oil : $48.06/BBL 2.51%
Light Crude Oil : $45.77/BBL 2.17%
Natural Gas : $2.97/MMBtu 2.30%
Updated in last 24 hours