Trillion Energy International Inc.

Trillion Energy International Inc. is pleased to report the results of an independent petroleum resource evaluation, effective June 30, 2020 prepared by GLJ Petroleum Consultants for six prospects on the South Akcakoca Sub Basin gas field located offshore Turkey. Net Prospective Resources Summary The Prospect Resource Report evaluates prospective intervals contiguous to producing, discovered accumulations in the SASB Gas [...]

Trillion Energy International Inc. is pleased to report that the evaluation of the Zagros Basin Derecik Exploration Licenses in the Hakkari area of Turkey is complete and yielded promising results. Trillion has 100% interest of 42,833 hectares of the Derecik Licenses which covers the extension of the oil rich Iraq Zagros Basin into Turkey – proximate to several world class oil fields located in Northern Iraq. Trillion’s [...]

Trillion Energy International Inc. is pleased to report that it expects to receive an independent report on its Prospective Gas resources on the SASB Gas Field in the Black Sea this month and that it has completed its preliminary costing estimates and timelines associated with developing the reserves on SASB as described in our News Release of June 23, 2020. The focus on re-development of SASB is to prioritize development [...]

Trillion Energy International Inc. is pleased to provide the following announcement relating to the results of an independent petroleum reserve evaluation prepared by GLJ Petroleum Consultants . The Reserve Report highlights a substantial increase in Trillion’s P3 Proven and Probable and Possible reserves from 342,000 BOE to 4,901,000 BOE, a 1,433% increase that includes the addition of 27.5 Billion Cubic Feet “BCF” of [...]

Trillion Energy International Inc. is pleased to provide an update on the South Akcakoca Gas-Basin “SASB” gas fields, one of the Black Sea’s first and largest natural gas development projects. SASB Gas Field History The SASB gas field wells first commenced production between 2007 and 2011 and have produced a total of 41.66 Billion Cubic feet gas to date, an average of 4.166 BCF per well. We recently completed a forecast [...]

VANCOUVER, British Columbia and ANKARA, Turkey, June 16, 2020 -- Trillion Energy International Inc. is pleased to report that the Cendere Oil field has regained positive economics as oil prices have rebounded up 90% during May 2020 to over $35 USD/barrel. The Cendere Oil field is a long term, stable oil production play with a low decline rate. Trillion has a 19.6% interest in the Cendere Oil field, which includes 25 wells, of which 16 are producing, all except for 3 wells in which it has a 9.8% interest. The low decline rate and the long-term production characteristics have estimated continuous oil production into 2026, with approximately 1.3 million standard barrels remaining to be produced and 45mm stb Oil in Place . 20.6 million barrels cumulative production has oc... [...]

Trillion Energy International Inc. is pleased to provide this mid-year update. Trillion is a Canadian based natural gas and oil company focused on international markets which owns several high impact oil and gas projects abroad, including: the SASB Gas field, one of the largest natural gas developments in the Black Sea, the Cendere Oil field, as well as several exploration plays. 2020 Company Highlights-to-date Commenced [...]

Trillion Energy International Inc. is pleased to announce its listing on the CSE Stock Exchange, where commencing February 11, 2020, the Company will trade under the stock symbol CSE: TCF. The Company first applied for a CSE listing during 2019 and was required to first clear a prospectus with the British Columbia Securities Commission, which occurred early 2020. "We are very excited about the Company's prospects for 2020 [...]

Trillion Energy International Inc. is pleased to announce that, as of August 1, 2019 the Company received a significant price increase for sales of natural gas sold in Turkey. Natural Gas selling price increases The Company will now receive USD $7.36 per MCF for natural gas produced from its SASB field. The current natural gas selling price is up 51% year-over-year from $4.89 per MCF received during August 2018 and up [...]

Park Place Energy Inc. is pleased to announce that, effective April 1, 2019 it has changed its name to Trillion Energy International Inc. and adopted the corresponding new stock symbol "TCFF" on the OTC Markets as of April 1, 2019. The CUSIP number assigned to the Company's shares under its new name is 89621V103. Arthur Halleran, CEO of the Company, commented: “The name change to Trillion Energy International marks [...]