Tuesday, March 30, 2010

Extrem Energy gains offshore Turkey license extension - Offshore

"Extrem Energy gains offshore Turkey license extension

Published: Mar 30, 2010

LONDON -- Turkish authorities have granted Extrem Energy an extension of its Candarli Bay license in the Aegean Sea until October 2012. The corresponding drilling commitment date (by which a well should be spudded) has been extended until April 2011. The license commitments can be extended for a further year if required, the company says."

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