Trillion Energy International Inc. is pleased to announce flow test results for the West Akcakoca-1 natural gas well at the SASB gas field, offshore Turkey. The West Akcakoca well two lower "D" sands with a combined total of 7 metres of natural gas pay were perforated on March 24, 2023. These two zones were flow tested at a rate of 5.9 MMcf/day. Shut-in pressure was 1620 psi. The well will now enter long-term production [...]
Trillion Energy International Inc. is pleased to provide summary results of its third-party December 31, 2022 year-end reserve report. Reserve Report Highlights Net present value of proved and probable natural gas reserves increased to USD $432 million* net to Trillion, up from USD $82 million* , a 426% YoY increase. The US $432 million NPV 10 value represents USD $1.12 per common share** Proved and probable conventional [...]
Trillion Energy International Inc. is pleased to announce the preliminary gas indications from the West Akcakoca 1 well, the fourth well in our multi-well program at the SASB gas field, Black Sea, Turkiye. On March 10, West Akcakoca 1 reached 3,839 metres total measured depth and true vertical depth of 1,677 meters. During the drilling, an abundance of gas pay was discovered. Our analysis of logging while drilling data [...]
Trillion Energy International Inc. is pleased to provide a progress update on the Guluc 2 and West Akcakoca 1 wells at the SASB Gas field, Black Sea Turkiye. Guluc-2 is the third well in our multi-well program, which reached total depth on Jan 31 as previously announced in our February 2 news release. We initially anticipated perforation and flow testing last week; however, completion has been temporarily delayed while we [...]
Trillion Energy International Inc. is pleased to announce the preliminary gas indications from the Guluc 2 well, the third well in our multi-well program at the SASB gas field, Black Sea, Turkiye. On January 26, Guluc 2 reached 3,910 metres total measured depth and true vertical debt of 1,623 metres and discovered an abundance of gas pay. Our analysis of the logging while drilling results for the Guluc 2 well suggests 73 [...]
Trillion Energy International Inc. . Trillion is pleased to announce the commencement of it's 3D seismic reprocessing project for SASB. The existing 3D seismic data covers 223 km2 and includes the SASB block. This old 3D seismic shot by WesternGeco in 2004 is good quality and was processed in 2004 with pre-stack time migration . Since 2004, vast improvements in seismic data processing algorithms have occurred. As SASB has [...]
Trillion Energy International Inc. . Trillion is pleased to provide an update on revenue receipts and production data from SASB for the month of December 2022 for the two new producing wells. As production commenced on November 4th, 2022 for South Akcakoca-2 and November 24th 2022 for Akcakoca, both wells contributed a full month of production to December's revenues. Trillion's 49% share of December 2022 gas production [...]
Trillion Energy International Inc. . Trillion Energy is pleased to announce that it has identified several additional opportunities to increase production at the SASB gas field during 2023 by adding three side-track wells to its development program. The total number of wells now contemplated in the SASB development program has increased from seventeen to twenty . Eleven of these well operations are anticipated to occur [...]
Trillion Energy International Inc. . Trillion is pleased to provide certain revenue and production data for the month of November 2022. South Akcakoca-2 was put into production on November 4th, 2022; and produced for 27 days in November. South Akcakoca-2 was put online almost immediately after completion. Akcakoca-3 was also put online immediately after perforation and produced from November 24th to November 30th [...]
Trillion Energy International Inc. . 2022 was a transformative year for Trillion. As the natural gas supply crisis unfolded in Europe earlier this year, prices soared to record highs and Trillion was poised to meet the challenge with a plan to ramp-up production in a big way. By early 2022, we had planned our 17 well drilling program; by March 2022 we reserved our drilling rig with a deposit of $2 million; and by July we [...]
The Power Play by The Market Herald has announced the release of new interviews with Trillion Energy, Jericho Energy, XR Immersive Tech and Murchison Minerals discussing their latest news. The Power Play by The Market Herald provides investors with a quick snapshot of what they need to know about the company's latest press release through exclusive insights and interviews with company executives. Trillion Energy drills [...]
Trillion Energy International Inc. is pleased to have commenced drilling of the Guluc-2 natural well and to have completed the West Akcakoca-1 well 17 ½" diameter section to 1,008 metres depth, at the SASB natural gas field, Black Sea. Upon completion of drilling, the Guluc-2 well will be cased, perforated, and tested. Logging is occurring while drilling. Upon completion, the rig will move back to and complete the West [...]