What are the estimates?Turkey does have huge amounts of explored and estimated reserves. The problem has to do with expenses. Unfortunately because of Turkey's geography the reserves are generally very deep and expensive to dig out where as if you stumble upon a rock in Saudi Arabia oil bursts out. This is the real reason we don't have many options when it comes to energy.
Source : Studied geophysics engineering back in university and this was naturally the hot topic we kept on asking about.