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Trillion Energy (CSE:TCF) discovers an abundance of gas pay at the SASB field

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CSE:TCF
02 February 2023 12:36 (EDT)

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Trillion Energy (TCF) has found new depths to its Guluc 2 well at the SASB gas field.

This is the third well in the multi-well program, which reached 3,910 metres total measured depth (TMD) and true vertical depth (TVD) of 1,623 metres. Guluc 2 successfully drilled to total depth with more than 70 metres of gas pay identified.

The company will advance completion and flow testing over the weekend, with results expected next week. Guluc 2 is expected to start generating revenue during the first week of February. 

V.P. Corporate Development Colin Robson met with Coreena Robertson to discuss the news.

Trillion is an oil and gas-producing company with multiple assets throughout Turkiye and Bulgaria. The company is the 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 International (TCF) was up 1.30 per cent, trading at $0.39 per share.


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