UK Oil & Gas plc said its joint venture (JV) partner had discovered a live, light 41.7˚API oil seep in an unused seismic drill hole within the Resan licence in Türkiye.
DRILL HOLE
Operator Aladdin Middle East (AME) (50%) drilled the hole during the 2022 seismic programme.
The drill hole lies approximately 4km north of the recent Basur-3 (B-3) appraisal well location.
UKOG said that the seep’s API gravity was close to the 43˚ API gravity of AME’s nearby producing East Sadak oil field.
This was evidence of an “active light oil petroleum system in the central area of the licence”, added the company.
Two new drill holes located 8m to the east and west were completed several days later and also recovered light oil to surface from the same depth.
Oil samples have now gone for analysis in Türkiye and the UK.
UKOG added that the JV was also evaluating the potential acquisition of a new seismic line over the seep to help determine if the oil could be from a deeper subsurface oil accumulation.
RESAN-6
UKOG added that plans for a vertical Resan-6 well have been put on hold and the JV will focus on the Basur area, where oil has flowed to surface at reported good rates.