Trillion Energy International Inc.

Trillion Energy International Inc. is pleased to announce commencement of the recompletion of the Akcakoca-3 natural gas well, the second operation in the Company's 17 well SASB development program. On October 31, 2022, the Uranus Rig was repositioned 3 meters while at the Akcakoca Platform to the Akcakoca-3 well slot. The recompletion will replace the bent 2 ½" tubing with 4 ½" tubing, perforate remaining gas zones upon [...]

Trillion Energy International Inc. today announced flow test results for the South Akcakoca-2 natural gas well at SASB gas field, offshore Turkey. The final log evaluation identified a total of 32.9 metres of natural gas pay within 5 sands in the Akcakoca Member. Two of the lower sands were perforated over a combined interval of 22.1 metres MD. The well was then flow tested into the SASB production facilities at 7.0 - 8.2 [...]

Trillion Energy International Inc. . On October 21, 2022, we announced the acceleration of certain share purchase warrants issued during March 2021 . The Company wishes to make the following clarification and correction of the October 21, 2022 news release. The original news release stated that there was an aggregate of 12,025,997 of the 2021 March Warrants that have yet to be exercised, however, it should have read that [...]

Trillion Energy International Inc. announces that it has elected to exercise its right under the terms of the warrant certificates governing the common share purchase warrants of the Company issued during March, 2021 to accelerate the term of the March 2021 Warrants. Pursuant to the 2021 March Warrants, in the event the Company's share price closes at a price of CAD$0.15 per share for a period of 10 consecutive trading [...]

Trillion Energy International Inc. is pleased to announce preliminary gas indications from our South Akçakoca 2 well. On October 15, South Akcakoca 2 reached 2,826 metres total depth which is 1,543.6 metres true vertical depth. This gas well is the first of our multi-well program on our 49% owned SASB gas field, Black Sea, Turkiye. The logging while drilling results suggest there is 32.0 metres of potential natural gas [...]

Trillion Energy International Inc. is midway through drilling its first new well in the multi-well development at the SASB Natural Gas Field, offshore Turkiye . Trillion is now fully funded to execute the initial seven well development program, as well as an additional 10 wells using cashflow generated from the first seven wells. Natural gas production at SASB is expected to commence in November of this year, supplying [...]

Trillion Energy International Inc. is pleased to have commenced its multi-well drilling program on the SASB natural gas field, upon successful arrival of the Uranus Rig which was mobilized last week after delays due to maintenance and weather conditions in the Black Sea. The Uranus Rig is situated at the Akçakoca platform where the first wells are being drilled. A total of three directional wells will be drilled from the [...]

Trillion Energy International Inc. provides an update on the status of the Uranus Rig mobilization to the SASB gas field. The Uranus Rig is slated to depart for SASB on September 8th and to arrive on September 11th. A detailed daily schedule is as follows: September 5 - NDT operations in ballast Tank #2 September 6 - Estimated completion of welding operations in ballast Tank #1, start NDT and painting September 8 - Rig [...]

Trillion Energy International Inc. recently received a price increase for the sale of natural gas from its SASB gas field to USD $30.68/Mcf effective September 1, 2022. Regional natural gas prices have steadily increased this year, more than tripling since 2021. The September price of $31.68 represents a 47% increase over the prior month price for August 2022 of $20.83/mcf and a further increase of nearly 350% over the [...]

Trillion Energy International Inc. (Frankfurt: Z62 is providing an update on the status of the Uranus rig mobilization to the SASB gas field. On August 22, we announced the rig was expected to be approved for departure on August 26, after a thorough inspection and permitting process. The rig inspection identified deficiencies with the top drive and ballast tank and as such requiring repairs before departure. These [...]