Trillion Energy International Inc. (TRLEF)
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Trillion Energy finds light oil at C-1 asset in Türkiye – ICYMI
Trillion Energy International Inc. (CSE:TCF, OTCQB:TRLEF, FRA:Z620) earlier this week reported a significant light oil discovery at the C-1 (Çetinkaya) asset in southeast Turkey, highlighting growing potential within a rapidly emerging hydrocarbon region. President Scott Lower said the well encountered 32 API high-quality light oil across 38 metres of net pay within the Beloka and Mardin carbonate formations.
Trillion Energy plans C$2M private placement to fund Türkiye oil project
Trillion Energy International Inc. (CSE:TCF, OTCQB:TRLEF, FRA:Z620) said on Friday it plans to raise up to C$2 million through a non-brokered private placement to fund near-term obligations tied to its oil assets in Türkiye. The company intends to issue up to 13.3 million units at C$0.15 each, with each unit made up of one common share and one-half of a warrant, with each whole warrant exercisable at C$0.25 for one year.Proceeds from the financing will primarily be used to support work commitments under the company's farm-in agreement on the M47 concession in southeastern Türkiye, along with general working capital, offering expenses and limited investor relations activities.
Trillion Energy reports contingent resources for Türkiye block, eyes 2027 output
Trillion Energy International Inc. (CSE:TCF, OTCQB:TRLEF, FRA:Z620) said on Thursday an independent evaluation estimated contingent and prospective oil resources for its Block M47 concession in southeast Türkiye, highlighting development potential ahead of planned drilling. The assessment estimated 2C contingent resources of 27.6 million barrels of oil (MMbbl) at the North discovery, netting 24,186 thousand stock tank barrels (MSTB) to Trillion's 29% working interest.
Trillion Energy reports light oil discovery in southeastern Türkiye
Trillion Energy International Inc. (CSE:TCF, OTCQB:TRLEF, FRA:Z620) said it has made a light oil discovery at its Çetinkaya-1 well in southeastern Türkiye and is shifting focus toward high-impact oil exploration, after drilling results confirmed multiple hydrocarbon-bearing zones. The company said the Çetinkaya-1 (C-1) exploration and appraisal well on Block M47C3,C4 in Şırnak Province encountered 32.4° API light oil within Cretaceous Beloka and Mardin Group carbonate reservoirs.
Trillion Energy boosts output at SASB field with Akcakoca-3 well production
Trillion Energy International Inc. (CSE:TCF, OTCQB:TRLEF) announced that the Akcakoca-3 well at the SASB Gas Field offshore Türkiye is now producing. The company said that the well, first perforated in July, is now producing 4.66 MMcf/d (million cubic feet per day) with wellhead pressure increasing to 645 psi as of Friday, September 6.
Trillion Energy sees early return on investment at SASB gas field
Trillion Energy International Inc. (CSE:TCF, OTCQB:TRLEF) has provided investors with a production update for the SASB gas field offshore Türkiye. The company said its SASB revitalization program has achieved a complete return on perforation costs within 35 days of production.
Trillion Energy completes well perforation program at West Akcakoca-1
Trillion Energy International Inc. (CSE:TCF, OTCQB:TRLEF) has provided investors an update on the perforations of the West Akcakoca-1 well at the SASB gas field in the southwestern Black Sea offshore Türkiye. The oil and gas producer reported that the remaining three perforation intervals totaling 4 metres were perforated at the West Akcakoca-1 well for a total of five zones.
Trillion Energy reports promising well performance at SASB gas field
Trillion Energy International Inc. (CSE:TCF, OTCQB:TRLEF) shares jumped more than 13% as investors welcomed an update from the oil and natural gas producer on the flow rates and well perforations at the SASB gas field located in the Black Sea offshore Turkey. The company said at South Akcakoca-2, well head pressure has stabilized at 371 psi and it was recently producing 1.94 million cubic feet per day (MMcf/d) using a 42/62” choke.
Trillion Energy reports significant gas production gains at SA-2 well
Trillion Energy International Inc. (CSE:TCF, OTCQB:TRLEF) said it has achieved significant gas flow increases at its South Akcakoca-2 well following successful perforations. The SA-2 well, targeted in this phase of operations, underwent successful perforations across intervals totaling 6.4 meters.
Trillion Energy completes $2.4M private placement
Trillion Energy International Inc. (CSE:TCF, OTCQB:TRLEF) announced the closing of the remaining tranches of its non-brokered private placement, raising over $2.4 million. The offering involved issuing nearly 27.2 million units at $0.09 per unit for gross proceeds of $2,447,807.67.
Trillion Energy closes third and fourth tranches of upsized financing
Trillion Energy International Inc. (CSE:TCF, OTCQB:TRLEF) said that it has closed the third tranche and fourth tranches of its previously announced, upsized non-brokered private placement. Combined with the closing of the first two tranches, the company said is has issued an aggregate of 23,169,852 units at $0.09 and raised proceeds of about $2,085,000.
Trillion Energy boosts private placement to $2.7M; completes two funding tranches
Trillion Energy International Inc. (CSE:TCF, OTCQB:TRLEF) is upsizing its non-brokered private placement from 20 million to 30 million units, now aiming to raise up to $2.7 million. Each unit, priced at $0.09, includes one common share and one share purchase warrant exercisable at $0.18 for two years.
