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Restricted Cash
6 Months Ended
Jun. 30, 2020
Restricted Cash [Abstract]  
Restricted Cash
3. Restricted Cash

 

The restricted cash relates to drilling bonds provided to GDPA (General Directorate of Petroleum Affairs) for the exploration licenses due to Turkish Petroleum Law. The amounts are for 2% of the annual work budget of the different Turkish licenses which is submitted to GDPA on an annual basis.