News

Zorlu Energy’s exploration permit for Kütahya-Simav field running out

Zorlu Energy’s exploration permit for Kütahya-Simav field running out Kizildere geothermal power plant, Turkey
Francisco Rojas 27 Feb 2015

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