Black Sea gas discovered

Toreador Resources and TPAO each have reported Black Sea gas discoveries. Toreador Resources hit more gas in the Black Sea offshore Turkey with the Atwood Southern Cross rig.
March 15, 2007

Offshore staff

Dallas, Texas-- Toreador Resources and TPAO each have reported Black Sea gas discoveries. Toreador Resources hit more gas in the Black Sea offshore Turkey with the Atwood Southern Cross rig.

The Guluc-1 well flowed approximately 17 MMcf/d of gas. It was drilled in a fault-separated prospect along the same trend as the Akcakoca-3 and -4 wells in the deeper waters of the SASB project area.

TPAO, the Turkish national oil company, reported tested 6.8 MMcf/d of gas at the Alapli-1 well northeast of the Akkaya field and adjacent to the SASB area . It was drilled with thePrometheus rig.

3/15/07

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