Anatolia Energy Corp BEEHF

mining for oil

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Pretty quit out there, so heres my 2 cents. Ask any miner where new gold is and he will say in an old deposit. Between 1934 to 1993 there has been 2676 wells drilled in turkey, 77% of these in SE turkek( aee properties inclusive) , that = 2060 wells. Of these only about 60% or so are succesful ( couldn t find much data on good wells) and that leaves approx 1236 wells. As you can see all these wells are pre any existing fracing company in turkey per TPOA, fracing is just starting in turkey. GPY shows shale is promenent thrughout aee properties and aee states twelve ajacent wells all have shale in them. Now if we can crack the code on this shale deposit we will know where to find black gold, under an old deposit>

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Agreed, but in order to crack the code we need to get to work, not just sit back and wait for others to do the work. It looks like Anatolia likes to take the wait and see approach, might be a good thing to preserve cash but it will no do much to advance this project and hopefully one day create revenues.This company needs a more aggressive approach and define time lines. So we've drilled a

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Now what. That seems to be the question. Frac either calik 1 or 2. No 1 has been cased with possible shows in sandstone and untold shale deposit. Aee could frac the sandstone and get some production, aee has stated there not about production ( kinda crazy in the traditional view). The big shale source looks like its at #2, 320 ft of shale. The mini frac stated in earlier reports may produce 100