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Trillion Energy (CSE:TCF) commences next SASB well & increases gas sales

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CSE:TCF
29 November 2022 11:30 (EDT)

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Trillion Energy’s (TCF) Akcakoca-3 natural gas well at the South Akcakoca Sub-Basin (SASB) gas field offshore has increased production.

The well is now producing 3.3 million cubic feet per day (MMcf/d) into the gas sales line, and the rig has been repositioned to drill the West Akcakoca-1 well, the third operation in the company’s 17-well SASB development program. West Akcakoca-1 has now been spudded, and 27 metres of net pay remains to be perforated in the well.

The Uranus drilling rig has been repositioned to where both the West Akcakoca-1 and Guluc-2 wells will be drilled to save time and cost, as special equipment is required to be moved to and from the rig from Shore Base.

VP of Corporate Development Colin Robson sat down with Daniella Atkinson to discuss the news.

Trillion Energy is an oil and gas company focused on natural gas production for Europe and Turkiye, 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 Inc. (TCF) opened trading at C$0.48.


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