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Trillion Energy International Inc. C.TCF

Alternate Symbol(s):  C.TCF.WT | TRLEF

Trillion Energy International Inc. is a Canada-based oil and gas producing company that strives to maximize shareholder value through a mix of offshore gas development and high-impact oil and gas exploration in Cudi-Gabar province SE Turkey. The Company is 49% owner of the South Akcakoca Sub-Basin (SASB) natural gas field, a natural gas development project with four offshore platforms, pipelines and gas plant located in shallow water black sea. The Company also has the Vranino 1-11 block, a prospective unconventional natural gas property in Bulgaria.


CSE:TCF - Post by User

Post by Lingcodon Sep 18, 2023 7:06pm
215 Views
Post# 35642480

Fullly funded

Fullly funded
July 17, 2023
 
Trillion Energy Announces 40+ Metres Gas Pay In Alapli-2 Gas Well

Alapli 2 successfully drilled to total depth with 40+ metres of gas pay identified.  

July 17, 2023 - Vancouver, B.C. - Trillion Energy International Inc. (“Trillion or the “Company”)(CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) is pleased to announce that on July 16, 2023, the Alapli 2 well reached 3,258 metres total measured depth (TMD). Preliminary gas indications based on the mud logging results suggests + 40 metres of potential natural gas pay within 6 separate sands in the Akcakoca Member (SASB production zone). 

The next step is running and cementing the 7” production casing then perforating the production zones. The logging while drilling (“LWD”) data is currently being evaluated. The initial perforation intervals are currently being determined to bring the well into production. Completion and flow testing will occur once the well is perforated, with results to be announced next week. 

The Alapli 2 well is the sixth well in our multi-well program at the SASB gas field, Black Sea, Turkiye. Our work program at SASB is divided into several projects/phases, where wells are drilled consecutively to streamline operations and reduce drilling costs.  

The offset Alapli-1 exploration well drilled several years ago (but which was never produced) tested 7.1 MMcf/d from a combined three zones with a measured thickness of 15 metres. 

Arthur Halleran, CEO of Trillion, stated:

“The Alapli 2 gas well gives us 6 successful wells for 6 activities at SASB during our initial project, which was fully funded through equity raises obtained last year as well as revenues from gas production; we do not anticipate further capital being raised for SASB at this time. The success of this technically challenging project has placed a spotlight on Trillion, attracting new and exciting opportunities which will be detailed over the coming weeks.”

About the Company


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