Turkmenistan’s Block I (offshore) and Block III (onshore)

In 1993, Oil Capital Limited (OCL) Inc. (created, owned and led by Roger Edward Tamraz) acquired (and later farmed out) exploration and development rights and equity ownership positions in two of Turkmenistan’s major oil and gas producing properties. 3.4 billion barrels of oil equivalent (13 trillion cubic feet of gas and 700 million barrels of oil) and 1,400 working wells.