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Trillion Energy (CSE:TCF) provides drilling program update

Energy, Sponsored, The Watchlist
CSE:TCF
06 July 2022 14:30 (EDT)

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Trillion Energy (TCF) has provided a progress update on its multi-well SASB natural gas field development drilling program scheduled to begin in August.

Trillion Energy CEO, Arthur Halleran, sat down with Daniella Atkinson to discuss the project.

“We are very pleased to be fully funded for our 49 per cent share of the 7 well drilling program for SASB gas field at this time. The price of gas and demand is very high and we expect to show significant revenues as we ramp up production. We are also seeing strong revenue growth for oil at this time as prices increase.”

Trillion Energy is an oil and gas producer with assets in Turkey and Bulgaria. The company’s Turkish assets include interests in the SASB natural gas field and the Cendere oil field. In Bulgaria, the company holds a prospective unconventional natural gas property, the Vranino 1-11.

Trillion Energy International Inc. (TCF) opened trading at C$0.23.

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