Otto confirms gas in Turkish wildcat
Australia's Otto Energy said the Kirmizihoyuk-1 wildcat produced a combined 4.8 mm cf of gas a day during several
tests run on the gas intervals.
Kirmizihoyuk-1 encountered gas columns over a number of zones measuring from three metres to 15 metres at depths of
330 metres to 480 metres.
Tests were run on the upper intervals and over a total perforated length of 41 metres. The well will be completed as
a future producer.
The chartered land rig has moved on from Kirmizihoyuk-1 to test the Ikihoyuk-2 discovery well. Results will be
released later.
Otto holds a 35 % stake in Edirne.
The licence is operated by joint venture partners Petroleum Exploration Mediterranean (55 %) and Petraco (10 %).
