In 2024, GL Group acquired a 25 percent equity stake in Gazelle Energy Limited, a Canadian exploration and production company that holds full ownership and operatorship of the Thrace Basin Block F17 b4 license in northwest Türkiye. This 145 square kilometer block is a tight gas appraisal and development asset, with 65 billion cubic feet of discovered gas reserves classified as proven and probable, and considerable upside potential.
Gazelle Energy Limited was founded in 2018 as an internationally focused oil and gas company. Its strategy centers on building a highly profitable business through the application of innovative petroleum technologies, supported by a strong commitment to continuous improvement, operational safety, environmental protection, and quality excellence.
The company’s leadership team brings together deep global experience in identifying, developing, and optimizing upstream opportunities. Each team member contributes specialized expertise to ensure the effective execution of the company’s strategic objectives.
For more information, visit: www.gazelle-energy.ca
