Otto Spuds Third of 5 Wells in Gas Drilling Campaign in Turkey

Australian based oil & gas company Otto Energy announced the spudding of the third shallow gas well in 2008 of the Edirne gas project in Western Turkey. It is expected that the well will reach its planned total depth of around 400m early next week, when a further announcement will be made.

Ortakci-1 is the third of five wells planned. The drilling campaign targets a total of 10 to 20 bcf of recoverable gas from shallow reservoirs in the Thrace Basin, onshore Turkey.

The Ortakci prospect lies about 8 km west of the five gas discoveries made by the Joint venture to date in the Edirne Licence and is also covered by 3D seismic.