Trillion Energy International Inc.

Trillion Energy International Inc. is pleased to provide a summary and highlights of its December 31, 2024, year-end reserve report. Reserve Report Highlights Net present value 10% of total proved plus probable natural gas and oil reserves is USD $363.6 million* net to Trillion, which represents USD $2.98 per common share*** Total proved plus probable conventional natural gas reserves increased to 62.3 Bcf*, up from 55.8 [...]

Trillion Energy International Inc. , is pleased to announce an operational update for the SASB offshore gas project, Turkey. In January 2025, the Company successfully installed new velocity string tubing in two tripod-based wells, Alapli-2 and Bayhanli-2, completing the operation within approximately two weeks. This follows the installation of similar tubing in four wells on the Akcakoca platform during the fall of 2024 [...]

Trillion Energy International Inc. , announces the issuance of an aggregate of 3,516,493 common shares of the Company in settlement of $204,436.07 in debt owed by the Company to directors, officers and consultants . Sean Stofer, Trillion's Interim CEO & Chairman of the Board stated, "I would like to thank the directors and employees who have opted to receive amounts payable to them in Shares. This is a show of confidence [...]

Trillion Energy International Inc. , is pleased to announce an operational update for the SASB offshore gas project, Turkey. During January 2025 the Company completed installation of new velocity string tubing in two wells located on tripods in an operation that took approximately two weeks' time. Previously, the Company completed installation of new tubing in four wells on the Akcakoca platform during the fall of 2024. A [...]

Trillion Energy International Inc. , is pleased to announce the successful installation of 2 3/8" velocity string tubing into the Alapli-2 natural gas well. This achievement marks a significant step in our ongoing efforts to enhance long-term gas production at the SASB field. Following the successful completion of this operation, the team will prepare to transport the snubbing unit via crane barge to the East Ayazli [...]

Trillion Energy International Inc. , announces that the Company's Board of Directors has accepted Arthur Halleran's resignation and retirement as Chief Executive Officer and Director of the Company, effective December 27, 2024. Mr. Art Halleran served as CEO since 2017 and spearheaded the SASB development project to date. The Company is conducting an executive search, committed to selecting and appointing a seasoned [...]

Trillion Energy International Inc. , is pleased to announce the continuation of the velocity string tubing program on two tripods after previously completing operations on the Akcakoca platform in late November. This week, a crane barge arrived at the SASB gas field to transport the snubbing unit from the Akcakoca platform to the Akkaya tripod for the next operation on the Alapli-2 well where 2,996 meters of 2 3/8 tubing [...]

Trillion Energy International Inc. , has reissued its consolidated financial statements for the year ended December 31, 2023 to correct an identified error. As a result, the Company's Net Loss is reduced to $43,842 for the year from the previously reported net loss of $1,102,194. The error is the result of a foreign exchange loss on intercompany accounts that was recorded in net loss and which should have been recorded in [...]

Trillion Energy International Inc. is pleased to announce that it has successfully run 2 3/8 velocity string tubing in four existing wells, including three long reach wells on the Akcakoca Platform at the SASB Gas Field, Turkey. The new tubing operation was conducted to reduce water loading, increase production and overall recovery from the wells. With the new tubing strings, the wells should be able to produce at a lower [...]

Trillion Energy International Inc. is pleased to provide an update on the velocity string installation program at the SASB gas field. On October 27th the snubbing unit was positioned over the Akcakoca-3 well where 2 3/8" production tubing was ran into the well through the existing 4 ½ tubing. The operation was completed on October 29th. The well continued to flow throughout the operation. Following the VS installation [...]