It was reported on 6 February 2020 that Amity Oil International Pty Ltd has transferred its full 50% participating interest in E18-C3-2 production lease to Petrogas Petrol Gaz ve Petrokimya ÃrÃ¼nleri Ins. San. ve Tic. A.S. on 28 January 2020. As a result of this transaction the revised equity split for E18-C3-2 lease is as follows: Turkiye Petrolleri A.O. (TPAO) 50% (operator) and Petrogas 50%. Amity Oil and Petrogas, both are the subsidiaries of TransAtlantic Petroleum.  Amity Oil had submitted the application to the government on 16 September 2019 for the approval of this transaction. The licence, located towards northwest of the country in Thrace Basin, covers an area of 28 sq km and it was awarded to TPAO on 12 October 2017 for four-year term.
Turkey, E18-C3-2