Valeura Energy Inc. announced the start of deep appraisal drilling on its Basin Centered Gas Accumulation play in Turkey and a further increase in the reference price for natural gas in Turkey. The Inanli-1 appraisal well was spudded on October 8, 2018, using the KCA Deutag T-700 drilling rig. The well has been designed to drill to a depth of 5,000 metres and is intended to test the vertical extent of the BCGA at a location approximately 6 km to the north-east of the discovery well location. In addition, the drilling program includes an extensive data-gathering plan including logging, coring, and flow testing. Drilling operations are expected to take approximately 80 days, after which, the well will be fracture stimulated to test select intervals.