By OGJ editors
HOUSTON, July 1 – Sherritt Oil & Gas Ltd. plans to spud the Durusu-1 wildcat on the western Black Sea shelf off Turkey within a week.
The 125 bcf gas prospect is to be drilled by a group led by Sherritt with 21%, HEMA Energy 33%, Toreador Resources Corp. 25%, and Soeul City Gas 21%.