Grocerler-6 Well Logs Gas Pay

The Grocerler-6 well encountered gas between 1235-1248 meters with 10 meters of net gas pay. Amity Oil is pleased with these results. The well reached a total programmed depth of 1257 meters. Wireline logs were run and well is now undergoing preparations for casing.

Gocerler-6 is a development well on the Gocerler field in Turkey designed to produce gas from the 1232 sand which is approximately 35 meters above the main producing unit in the field. The Gocerler field has stacked reservoirs and this well is targeting the best developed part of the 1232 sand unit.

Gocerler 6 is expected to be completed within 13-16 days of spud based on previous Gocerler Wells. 9-5/8" surface casing was set at 606 meters in the first good Danismen Shale.

Gocerler-6 is in Petroleum Exploration License AR/AOI/3589,which forms part of "Area A" of the Thrace Joint Venture and is located approximately 120 kilometers west of Istanbul in Turkey's onshore Thrace Basin.

Amity Oil is the operator with a 50% stake and Turkiye Petrolleri A.O. holds the remaining 50%.