- Trillion Energy International (TCF) has announced preliminary gas indications from its South Akçakoca 2 well
- This gas well is the first of the company’s multi-well program on its 49 per cent owned SASB gas field, Black Sea, Turkiye
- Arthur Halleran, CEO of Trillion, sat down with Sabrina Cuthbert to discuss the news
- Trillion Energy is an oil and gas company focused on natural gas production for Europe and Turkey, with natural gas assets in Turkiye and Bulgaria
- Trillion Energy (TCF) opened trading at $0.455 per share.
Trillion Energy International (TCF) has announced preliminary gas indications from its South Akçakoca 2 well.
On October 15, South Akcakoca 2 reached 2,826 metres total depth (TD), which is 1,543.6 metres true vertical depth (TVD). This gas well is the first of the company’s multi-well program on its 49 per cent owned SASB gas field, Black Sea, Turkiye.
The logging while drilling (“LWD”) results suggest there is 32.0 metres of potential natural gas pay within 5 sands in the Akcakoca Member (SASB production zone), with two sands greater than 10 meters of gas pay each. In addition, the LWD identified gas sands also had natural gas detected at surface in the mud logging.
Arthur Halleran, CEO of Trillion, sat down with Sabrina Cuthbert to discuss the news.
“We are very pleased to have successfully drilled the first directional well in our multi-well program at SASB. This well was drilled on budget, both in time and capital and demonstrates proof of concept for drilling long-reach direction wells from existing platforms to tap the new natural gas pools. The preliminary results identified gas pay thickness already confirms the geological model used in our drilling location selections. We are excited to see the tested actual gas flow rates, which will occur soon.”
Trillion Energy is an oil and gas company focused on natural gas production for Europe and Turkey, with natural gas assets in Turkiye and Bulgaria. The company is 49 per cent owner of the SASB natural gas field, one of the Black Sea’s first and largest-scale natural gas development projects.
Trillion Energy (TCF) opened trading at $0.455 per share.
