GREY:BEEHF - Post Discussion
Post by
Horn1369 on Feb 11, 2013 9:10pm
This is the reason to hold for me.
Not only is there a desire to drill in Turkey, there has recently been a discovery ofreserves of high quality oil in the Magrip field in the Turkish province of Siirt Kurtalan, which is located in the Anatolia region. The picture below shows the location of Anatolia's assets and their close proximity to this discovery. The Sinan Project is located right on the doorstep of the discovery, with the Bismil Project also located very close by in the same province. When referring to the map below note the location of "Batman" right beside Sinan to gain a point of reference. Now refer to the image below of the map of the Magrip region where the discovery was made. Note the central point and the how the roadway leading into Batman is just south of it.
This confirms that AEE's Sinan Project is located extremely close to the Magrip discovery. As most Canadian investors are unfamiliar with granular Turkish geography it is not surprising that this extremely important development has not had a large effect on AEE's stock price just yet. The Magrip discovery is well-timed because the company recently announced Spudding of their Giremir-1 Well on the Sinan Licence in Turkey. Their 50% joint venture partner Calik will be drilling the initial exploration well on the Sinan Licence to a depth of 1,250 meters and results should be known within a few weeks. From the news release:
From: https://tsxnews.blogspot.ca/2013/01/anatolia-energy-upgraded-to-strong-buy.html
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