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Monday, April 11, 2011     GET REAL

Turkey finds high quality crude oil in Black Sea

ANKARA — Turkey has reported a significant crude oil discovery in the Black Sea.


Officials said the state-owned Turkish Petroleum Corp. was exploring energy reserves in the Black Sea. So far, the company said, high-quality crude oil was found in the Surmeli-1 well.

The oil was found at a depth of 4,800 meters in Surmeli. Corporation director-general Mehmet Uysal said the discovery could prove the commercial feasibility of Black Sea exploration.

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The corporation has also been drilling the Sinop-1 and Yassihoyuk-1 wells in the Black Sea. Uysal said commercial quantities of oil and natural gas appear to have been found in these wells.

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