Dune Oil Corp.CSE: DUNE

Dune Oil Corp. (DUNXF) Discusses Turkiye Oil Development Opportunity with Ellis Martin

· Issued by Dune Oil Corp.

Summary by 6ix AI

Burak Tolga Terzi, Vice President and General Manager of Dune Oil Corp.'s operations in Turkiye, spoke with Ellis Martin on The Ellis Martin Report about the company's M47 petroleum project in southeastern Turkiye's Cudi-Gabar petroleum province.

Key details

  • Dune Oil Corp. is a Canadian oil exploration and development company focused on petroleum opportunities in Turkiye.
  • The interview covers the Cetinkaya-1 (C-1) well, which encountered 32.4-degree API light oil (API gravity is an industry measure of how light an oil is), and the additional technical work required to establish commercial production.
  • Dune Oil Corp. is working toward earning a 29 percent interest in the M47 Block through a staged funding commitment.
  • The company's exploration and development plans include additional technical evaluation, well testing and potential future drilling activity.
  • Dune Oil Corp. trades on the Canadian Securities Exchange under the symbol DUNE and on the OTCQB, a US over-the-counter market, under the symbol DUNXF.

What’s still pending

  • Dune Oil Corp. has not yet earned its 29 percent interest in the M47 Block; it is working toward it through a staged funding commitment.
  • Commercial production is not yet established and requires additional technical work.

6ix AI wrote this summary from the release below and checked it against the release.

Malibu, CA, United States (ABN Newswire) - In this edition of The Ellis Martin Report, Ellis Martin speaks with Burak Tolga Terzi, Vice President and General Manager of Dune Oil Corp. (CNSX:DUNE) (OTCMKTS:DUNXF) (FRA:Z621) operations in Turkiye, about the company's M47 petroleum project in southeastern Turkiye's Cudi-Gabar petroleum province.

The region has attracted increasing attention following significant oil discoveries and infrastructure development by Turkish Petroleum (TPAO). Terzi discusses Dune Oil's strategic position nearestablished producing fields, the Cetinkaya-1 (C-1) well, which encountered 32.4-degree API light oil, and the additional technical work required to establish commercial production.

Drawing on his extensive industry experience with Valeura Energy, Weatherford, and SOCAR AQS, Terzi provides insight into the operational environment in Turkiye, the importance of domestic petroleum production to the country's energy security, and the opportunities emerging in this developing petroleum region.
The conversation also explores Dune Oil's plans for further exploration and development of the M47 Block, the significance of nearby producing fields, and the company's objectives as it works toward establishing commercial oil production.

DuneOil Corp. is working toward earning a 29 percent interest in the M47 Block through a staged funding commitment. The company's exploration and development plans include additional technical evaluation, well testing, and potential future drilling activity.

Dune Oil Corp. trades on the Canadian Securities Exchange under the symbol DUNE and on the OTCQB in the United States under the symbol DUNXF.

Listen to the complete interview with Ellis Martin on The Ellis Martin Report and Money Talk Radio:
https://www.youtube.com/watch?v=a9n00CwH5Aw



About Dune Oil Corp.:

Dune Oil Corp. (CNSX:DUNE) (OTCMKTS:DUNXF) is a Canadian oil exploration and development company focused on advancing petroleum opportunities in Turkiye. The company is earning a 29% working interest in the M47 Block, comprising the C3 and C4 licences in southeastern Turkiye's Cudi-Gabar petroleum province. The project is situated near significant discoveries and producing oil fields operated by Turkish Petroleum (TPAO). Dune Oil is advancing technical evaluation, seismic exploration, and development planning following the discovery of light oil at the Cetinkaya-1 well. The company's strategy is focused on evaluating the commercial potential of its M47 interest and pursuing future petroleum production.


About The Ellis Martin Report:

The Ellis Martin Report (TEMR) and Money Talk Radio feature interviews with industry leaders in mining, biotech, energy, and technology. The program is globally syndicated through multiple financial platforms and streaming services.



Source:
Dune Oil Corp. The Ellis Martin Report



Contact:
Dune Oil Corp.
Scott Lower, President and Chief Executive Officer
Telephone: +1 778-819-1585
Email: info@duneoil.ca
Website: https://duneoil.ca

Media Contact
The Ellis Martin Report
Ellis Martin, Host and Producer
Website: https://EllisMartin.com

Dune Oil Corp. on 6ix

Earlier from Dune Oil

All Dune Oil news releases