Let's see how long this one lasts24 Apr 2023 13:55
Nice to see my post about UKOG was deleted. I did say the information given out by AME was even worse. Ever wonder why neither company is posting about drilling apart from RNS's and twitter?
This is from AME website;
"During the 2D seismic data acquisition program in 2022, light oil seepages (41-47 API) observed in several explosive shot holes. Oil shows were also observed at the Germik base limestone interval during drilling a nearby geothermal well (Kezer-1) in 2019. Emulsion came to surface during lowering the 9 5/8” casing to top of Hoya formation. Additinally, after identifying near surface amplitude anomalies associated with positive indicators from post-stack seismic attributes on one of the legacy 2D seismic lines running across both the shot hole and the geothermal well, shallow amplitde play concept has been developed.
During 2022, extensive geological field studies were carried out in the Resan-Basur area to understand and explain the structural elements in details. All the surface geology data has been combined with the seismic-well data interpretations to redefine the prospective areas for drilling.
Mardin “Leads” in the city of Siirt area is another prospective area which requires additional gravity and 2D seismic data acquisition to mature them to prospect level for drilling. Therefore, additional 2D seismic program has been planned for 2023."
This is from AME Annual report but the word Pinarova wasn't even mentioned. You'll have to make do with this:
Previously posted "The Resan exploration licence where AME has currently a 50% working interest and is operator, completed the planned 2D seismic program from 2021 that was suspended over the winter. In preparation for this second phase, the previously drilled seismic shot holes were, as a matter of course,
inspected, and oil seeps were observed in two of them. When the remaining seismic lines were shot and interpreted the data suggested a relatively shallow play which ties to oil shows reported in nearby geothermal well. This potential accumulation is around 500-600 meters making it a quick and cheap
target to test. The JV agreed to prioritise the testing of this structure with an exploration well expected to spud 7 April 2023."
"The main exploration focus for exploration will be on Resan. If the shallow play is successful here it will be followed by a second shallow well in the year. If not the original deeper play will be either directly tested or more seismic (potentially 3D) gathered to
define the next drilling target more precisely."
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