Thrace Basin basement, comprises interbedded fine to coarse grained clastics from a variety of depositional environments, turbidite, muddy carbonates with local reef developments, river channels and tuffs. More than 400 wells were drilled till 2008; 14 gas and 3 oil fields were discovered and all of them are producing. Main gas productions zones are between Eocene- Oligocene deposits; Hamitabat (turbiditic sandstones), Ceylan (tuffs), Sogucak (reefal limestone), and Osmancik (deltaic sandstone) formations. Shales of Hamitabat and Mezardere formations have good source potentials. Thrace Basin The European side of Turkey is called the Thrace Basin. It is the largest and thickest Cenozoic sedimentary basin
Western Thrace following years, the Central Powers (Germany, Austria-Hungary, and the Ottoman Empire), with which Bulgaria had sided, lost World War I and as a result Western Thrace was withdrawn from Bulgaria under the terms of the 1919 Treaty of Neuilly. Western Thrace was under temporary management of the Entente led by French General Charles Antoine Charpy. In the second half of April 1920 in San Remo conference of the prime ministers of the main allies of the Entente powers (except the US) Western Thrace was given to Greece. Throughout the Balkan Wars and World War I, Bulgaria, Greece and Turkey each