Turkey Restarts Black Sea Oil Exploration, Sabah Says
The company found oil during preliminary exploration at a depth of around 4,800 feet and will be drilling back to that level, Uysal told the Istanbul-based paper.
Some $4 billion has been spent on exploration in Turkey’s Black Sea, of which $3.5 billion was spent by foreign oil companies, Uysal said.
To contact the reporter on this story: Benjamin Harvey in Istanbul at email@example.com
To contact the editor responsible for this story: Gavin Serkin at firstname.lastname@example.org