Turkey – September 2022

Calık Petrol E&P and High Power Petroleum have continued their 2D seismic
data acquisition project in challenging field conditions in the Siirt area (Exploration license
AR/ÇPA-HPE/M48-a1,a2,a3).

The studies are to be carried out with impulsive sources and wireless receivers on 10 lines with a
total length of 200 km. With these studies, an important step will be taken to determine the oil
potential of the field.

In order to reveal the petroleum potential of Türkiye in our current license areas, seismic
acquisition will be carried out by Geofizyka Torun company in the wildcat project area where
previously there has been no seismic exploration.

The Joint Venture’s schedule includes drilling an exploration well in 2023.

Calik Petrol on LinkedIn