On 17 December 2019, the General Directorate of Mining and Petroleum Affairs (MAPEG) awarded Petar Dogalgaz ve Petrol Arama San. Tic. AS a new and exclusive exploration licence for block M42-d3, d4. The onshore licence is located in the SE Turkish provinces of Urfa (District XI) and adjoins the company's M42-d1, d2 block, which was awarded in late January 2019. It will be valid for an initial five-year exploration term.<P />Block M42-d3, d4 covers an area of 306.52 sq km and is largely unexplored, with no wells having been drilled on the acreage so far. Turkish Petroleum Corp (TPAO) submitted the original application for the block on 1 November 2018, with Petar Dogalgaz and Calik Petrol submitting rival applications of 7 and 8 February 2019 respectively. Petar Dogalgaz now operates the M42-d3, d4 licence with a 100% interest.
Petar Dogalgaz ve Petrol Arama San. Tic. AS awarded a new and exclusive exploration licence for block M42-d3, d4.