"Toreador Provides Update on Operations Offshore Turkey
DALLAS--(BUSINESS WIRE)--July 20, 2006--Toreador Resources Corporation (Nasdaq:TRGL) today provided an operational update on its joint venture with TPAO (the Turkish national oil company) and Stratic Energy Corporation (Stratic) in the South Akcakoca Sub-basin (SASB) project, located offshore Turkey in the Black Sea.
In the SASB project, the "Prometheus" jack-up rig recently completed drilling the Kuzey Akkaya-1 well and has been moved to commence installation of the Akkaya production tripod. The Kuzey Akkaya-1 well, which was located on a small stratigraphic prospect to the north of the Akkaya discovery, found well-developed sands in the target Kusuri formation but did not encounter any hydrocarbons. "
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