Toreador said the well was abandoned at a depth of 1300 metres. The company said it expected dry hole costs of $4 million for its 50% interest in the well.
Toreador also said first production had started from two wells after they were tied into the Dogu Ayazli platform in the South Akcakoca sub-basin, also in the Black Sea, by its Turkish partner and operator TPAO this week.
Toreador
