September 30th, 2011 10:22am Posted In: Bulgaria

LNG Energy Spuds First Well in Bulgaria

LNG Energy Ltd. has announced the spudding of the first well in Bulgaria under the farm-in agreement with TransAtlantic Worldwide Ltd., a wholly owned subsidiary of TransAtlantic Petroleum Ltd.

The exploration well is located on the A-Lovech exploration license targeting the Middle Jurassic Etropole formation.

Total depth is expected to be 3,200 meters with whole well core being taken over a substantial interval. The well will be completed in Q1, 2012.

TransAtlantic's subsidiary, Direct Petroleum Bulgaria EOOD will apply to the government of Bulgaria for a production concession (the "Etropole Concession").

The Etropole Concession is expected to cover an area up to 1,640 square kilometers (405,080 acres) for a term of up to 35 years.

Source: LNG Energy

You can now also follow Natural Gas World directly in your phone or tablet via google newsstand. Click  

For more news, analysis or opinion click below: 


Natural Gas Europe welcomes all viewpoints. Should you wish to provide an alternative perspective on the above article, please contact

Kindly note that for external submissions we only lightly edit content for grammar and do not edit externally contributed content.

HOP! - La France dès 40 € l'aller simple New York Pass