[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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Material Event Disclosure General
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Hayır (No)
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Hayır (No)
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20/11/2020
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As previously stated in our Public Disclosure Platform (KAP) announcements, a Oil Exploration License for the M-22A area in Denizli province was obtained in May 2018 from the General Directorate of Mining and Petroleum Affairs ("GDMPA") of the Ministry of Energy and Natural Resources of the Republic of Türkiye.

As the feasibility studies conducted within the period did not yield positive results, it has been decided to terminate the feasibility works under this license.

Best regards,