Toreador tests the Akcakoca-3 well offshore Turkey

Offshore Staff

DALLAS, Texas -- Toreador Resources Corp. with joint venture partners, TPAO (the Turkish national oil company) and Stratic Energy Corp., production tested the shallowest of seven potential pay zones in the Akcakoca-3 well in Turkish waters of the Black Sea.

The zone flow tested at a rate of approximately 20 MMcf/d of gas from 25 m (82 ft) of perforations between 1,167 and 1,194 m (3,830 and 3,918 ft) true vertical depth. Flowing pressure was approximately 1,360 psi through a 48/64-in. diameter choke. The first test of the deepest pay zone yielded a natural gas flowrate of approximately 18 MMcf/d for a combined flowrate of approximately 38 MMcf/d from the two zones. The Akcakoca-3 is designed for a dual completion to allow simultaneous production from both shallow and deep zones.

Drilling has commenced on the Akcakoca-4 well, which targets a separate fault block further east along the Akcakoca fault trend. The drilling is scheduled to be completed and tested in the first half of February. The Akcakoca-3 and -4 wells are part of the Phase II development project in the South Akcakoca sub-basin.

The South Akcakoca sub-basin represents approximately 202 km² (50,000 a) out of the joint venture's 3,901 km&sub2 (964,000 a) Western Black Sea permit area, or approximately 5% of the total area. Toreador is the operator with a 36.75% working interest. TPAO has 51% working interest and Stratic has a 12.25% working interest.

01/03/07