Trillion Energy International Inc. is pleased to provide an update on perforations of the West Akcakoca-1 well at the SASB gas field located in the southwestern Black Sea and production progress to date. The West Akcakoca-1 well has now had the remaining three perforation intervals totaling 4 metres perforated for a total of five zones. Prior delays involving weather conditions and waiting for spare parts to advance the [...]
Trillion Energy International Inc. is pleased to provide an update on the flow rates and well perforations at the SASB gas field. South Akcakoca-2 - Updates on the flow rates are as follows: well head pressure has stabilized at 371 psi and the well was recently producing 1.94 MMcf/d using 42/64" choke. Guluc-2 - Initial flow was diverted to the platform vent line with a 64/64" choke where producing WHP was about 350 psi [...]
Vancouver, B.C. - Trillion Energy International Inc. is pleased to provide this operational update for the SASB gas field well intervention program. South Akcakoca-2 well was perforated over the intervals 2319.5-2323.5 , 2339.6-2341.3 and 2411.1-2412.8 for a total of 6.4 m . Well hole pressure was 86 psi before perforation, the WHP increased to 1046 psi. The well flowed continuously from the morning of July 9th and by [...]
Trillion Energy International Inc. wishes to announce that further to the Company's news release dated June 6, 2024 announcing the upsizing of its non-brokered private placement to 30,000,000 units at a price of $0.09 per Unit, for aggregate gross proceeds of up to a maximum of $2,700,000 , the Company has closed the remaining tranches of the Offering. Each Unit is comprised of one common share of the Company and one [...]
Trillion Energy International Inc. wishes to announce that further to the Company's news release dated June 6, 2024 announcing the upsizing of its non-brokered private placement to 30,000,000 units at a price of $0.09 per Unit, for aggregate gross proceeds of up to a maximum of $2,700,000 , the Company has closed two additional tranches of the Offering. Each Unit is comprised of one common share of the Company and one [...]
Trillion Energy International Inc. wishes to provide an update to its previously announced non- brokered private placement. Further to the Company's news release dated May 27, 2024 and due to high investor interest, the Company is upsizing the private placement from 20,000,000 units to 30,000,000 units at a price of $0.09 per Unit, for aggregate gross proceeds of up to a maximum of $2,700,000 . Each Unit is comprised of [...]
Trillion Energy International Inc. wishes to provide an update to its previously announced non-brokered private placement of up to 15,000,000. The Company is upsizing the private place to 20,000,000 units of Trillion at a price of $0.09 per Unit, for aggregate gross proceeds of up to a maximum of $1,800,000 , with each Unit comprised of one common share of the Company and one share purchase warrant , each Warrant [...]
Trillion Energy International Inc. is pleased to provide this update and announce it has commenced operations program at the SASB Gas field, Turkey which will occur over a two-month period. Operations are being conducted in several phases and involve seven or eight wells at the SASB gas field, including all six wells drilled/completed last year as well as a few older wells that historically experienced water loading [...]
Trillion Energy International Inc. is pleased to report operating and condensed financial results for the year ended December 31, 2023. The audited financial statements, management discussion and analysis, and annual information form for the year ended December 31, 2023 will be available on the System for Electronic Document Analysis and Retrieval Plus at www.sedarplus.ca, on EDGAR at www.sec.gov/edgar.shtml, and on [...]
Trillion Energy International Inc. is pleased to provide a summary and highlights of its December 31, 2023 year-end reserve report. Reserve Report Highlights Net present value 10% of total proved plus probable natural gas and oil reserves is USD $420.5 million* net to Trillion, which represents USD $3.44 per common share*** Total proved plus probable conventional natural gas reserves increased to 55.75 Bcf* up from 42.5 [...]
Trillion Energy International Inc. is pleased to provide this operational update for the SASB gas field. Trillion is starting the SASB revitalization project now as all relevant equipment and supplies for the start of the operations arrive mid-April 2024. As mentioned previously a total of 49 metres of new gas pay will be perforated in Guluc-2, South Akcakoca-2, West Akcakoca-1 and Akcakoca-3 prior to the installation of [...]
Trillion Energy International Inc. has announced the appointment of David Thompson as Interim CFO and a search for a permanent Chief Financial Officer . The Company also announces grant of stock options. Mrs. Ozge Karalli will no longer be able to fulfill the duties of the CFO as a result of her termination with Park Place Energy, Trillion's operating subsidiary in Turkey. David Thompson, a director and former CFO of the [...]