On 8 June 2019, it was announced that Turkiye Petrolleri A.O. (TPAO) has been awarded the F17-C2,C3,C4 onshore exploration licence in the Thrace Basin on 28 May 2019. The licence covers 437 sq km area in the Istanbul province and it has been granted for a five-year term with an expiry date of 20 July 2024. TPAO is 100% owner and operator of the licence.  The company had submitted the application on 20 July 2018.
TPAO) has been awarded the F17-C2,C3,C4 onshore exploration licence in the Thrace Basin on 28 May 2019. The licence covers 437 sq km area in the Istanbul province and it has been granted for a five-year term with an expiry date of 20 July 2024.