Exploration

In Turkey, Perenco is aggressively exploring with activities focussed on growing the company through material discoveries and maximising the value of existing assets.

The application of depth migration processing of vintage and newly acquired seismic data has identified some in-block exploration targets. A focussed programme delivered the Kirtepe South field which is now in production following discovery in 2006. Perenco believe that South East Turkey has the potential for additional material opportunities. Perenco undertook a regional description of the basin, its development and sediment fill to define the play elements and play fairways.

This exercise has allowed Perenco to focus on four separate plays that have material potential, and we have built an exciting exploration portfolio.

Perenco participates in the Silopi group of licenses located on the Iraqi and Syrian borders in South East Turkey. Perenco completed 4900m Silopi well in 2006, and a seismic campaign was undertaken in 2008 that targets structures in the duplex-stack which makes up the mountain front.

Perenco have been awarded licenses AR/NTP/4368, 4369 and 4370 in District XI.