Trillion Energy International Inc. press release

MiningNewsBreaks - Trillion Energy International Inc.'s (CSE: TCF) (OTCQB: TRLEF) Early ROI with SASB Revitalization Program Indicates Field's 'Robust Production Potential'

2024-10-03

CSE - Canadian National Stock Exchange · Oil · Natural Gas · Canada · Production & Operations

MiningNewsBreaks – Trillion Energy International Inc.’s (CSE: TCF) (OTCQB: TRLEF) Early ROI with SASB Revitalization Program Indicates Field’s ‘Robust Production Potential’

Trillion Energy (CSE: TCF) (OTCQB: TRLEF), a company focused on oil and natural gas production for Europe and Türkiye, recently reported the successful completion of four workovers as well as increased gas production capacity. “In the production update for the SASB gas field, the company noted that the SASB revitalization program was ‘off to a great start, having realized the complete payback of recent perforation costs in just 35 days of production.’ The report noted that, in the first phase of the workover, all remaining gas pay on the Akcakoca platform was perforated, including three long-reach deviated gas wells (Guluc-2, South Akcakoca-2 and West Akcakoca-1) and a complete legacy well, Akcakoca-3,” an article discussing this reads.

“The wells on the Akcakoca Platform have been completed successfully with gas production and well head pressure (‘WHP’) continuing to increase,” Trillion Energy CEO Arthur Halleran is quoted as saying. “This early return on our investment is a clear indicator of the field’s robust production potential. The results are very positive, giving us good indications that decreasing the production tubing size from 4-1/2 to 2-3/8 inches, using velocity strings, should stabilize gas production at the targeted rates.”

To view the full article, visit https://ibn.fm/f4N6K

About Trillion Energy International Inc.

Trillion Energy is focused on oil and natural gas production for Europe and Türkiye with natural gas assets in Türkiye. The company holds a 49% interest in the SASB natural gas field, a Black Sea natural gas development and 19.6% (except three wells with 9.8%) interest in the Cendere oil field. The company also is pursuing oil exploration in S.E. Turkiye and beyond. More information may be found on www.sedar.comand the company’s website.

NOTE TO INVESTORS: The latest news and updates relating to TRLEF are available in the company’s newsroom at https://ibn.fm/TRLEF

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