Dick Cheney’s former firm strikes oil in Batman

The team from the Turkish Petroleum Corporation (TPAO) Batman Managing Directorate that struck oil in Well Number 43 together with PEMI approximately one month ago reached oil at a depth of 1,700 meters. TPAO officials said that the oil had a weight of 34, comparable to Arab oil. Indicating that they were going to drill at the 1,900-meter level, the officials said: "It appeared at 1,700 meters to be only an artesian well; therefore, we discontinued drilling activities. Thirty-four-weight oil is comparable to Arab oil. We are producing 5,000 barrels of raw oil per day."