Zorlu Energy’s exploration permit for Kütahya-Simav field running out
In an very brief press release done in Zorlu Energy’s website, the company details that the exploration permit for the Kütahya-Simav geothermal field has been reset as 70 days
The official press release goes as follows:
Pursuant to our material event disclosure dated 26.11.2014, the term of our exploration permit (numbered 214) for the Kütahya-Simav geothermal field has been reset as 70 days as of 25.11.2014. Our Company’s application for extending the term of this permit to one year has been rejected by the authorities. We have the right to appeal this decision at the State of Council within 60 days.
Source: Zorlu Energy Group