• S. Fatih Alpay founded Arar as sole operator of the EPIC Gocerler Gas Field Project for ASX listed Amity Oil in the Thrace Basin
• It’s success became a milestone in Turkish exploration history recognised with numerous industry awards:
• Gocerler 3 well tested to 32MM scfd flow, still a record to date in Turkey
• 9 out of 11 wells commercially successful in previously dropped licences
• Amity Turkey was sold to Zorlu Enerji for $42M

Upon exiting Amity Turkey, Arar focused on international service operations and extensive exploration activities in Turkey

Services Operations

• Drilling services provided to Operators in Texas, US, Iraq, Albania, Georgia, Afghanistan and Turkey
• 2D/3D seismic equipment used for local exploration
• Clients include Amity Oil, Hunt Oil, JKX, Perenco, Gulf Keystone, OMV, USAID and Transatlantic and Euroka Energy

Exploration Activities

• Arar became leading private acreage holder in Turkey after TPAO (National Oil Company) with 2.8 MM acres and 20+ exploration licences
• Successful discoveries in Central Anatolia, South East Turkey and East Mediterranean onshore Turkey

• Currently operating a portfolio of Production Leases. Oil and gas production assets are concentrated in Central Anatolia, South East Turkey and East Mediterranean onshore Turkey
• Awarded 2015 and 2016 Golden Barrel by Turkey Energy Summit
• Second largest oil producer in Turkey after the national oil company, TPAO
• Exploration continues in carefully selected licences across Turkey