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Article: Turkey: Texas oilman drills anew in Turkey.
- Article from:
- TendersInfo
- Article date:
- November 9, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: manish03
Malone Mitchell is bringing a little West Texas twang to the oil fields of Turkey.
TransAtlantic Petroleum, which he controls, last year acquired 27 producing wells in fields near the Iraqi and Syrian borders in southeastern Turkey.
The wells produce 1,600 barrels a day, a trickle by Texas standards, but enough to make TransAtlantic one of Turkey's largest producers. Mitchell plans 30 more wells next year, topping 100 by 2011.
I wrote about Mitchell five years ago, when his company, Riata Energy, was leading a resurgence of the West Texas oil patch. Riata had interests in both exploration and oil field services. ...