Toreador Resources Corporation plans to focus a significant portion of its oil exploration and production efforts in 2003 on the Thrace Basin and Sinop areas of western and northern Turkey. The low-cost program, which is estimated to cost one million dollars, is expected to include the drilling of shallow wells and a well re-entry.
Toreador is an independent international energy company engaged in the acquisition, development, exploration and production of natural gas, crude oil and other income-producing minerals. The company holds interests in developed and undeveloped oil and gas properties in France, Romania, Turkey and Trinidad, West Indies. — (menareport.com)
© 2003 Mena Report (www.menareport.com)
