Trillion Energy (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62), a company focused on oil and natural-gas production for Europe and Türkiye, has released an update on perforations of the West Akcakoca-1 well at the SASB gas field and a progress update. The gas field is located in the southwestern Black Sea. According to the update, the remaining three perforation intervals at the West Akcakoca-1 well have been perforated, and the perforation program is now complete. Results for the program indicate that the initial two perforated zones consisting of five meters of gas pay increased the well head pressure (“WHP”) from 1150 psi to 1350 psi; in addition, perforation of the subsequent three zones increased WHP from 1350 psi to 1694 psi. The company also reported that West Akcakoca-1 is now producing 2.8 MMcf/d using a 28/64 choke to ensure its high-pressure will not back out other wells. The update noted that total combined production from the Akcakoca platform is 7.3 MMcf/d, including the Guluc-2, West Akcakoca-1 and South Akcakoca-2 wells. “We have now perforated all remaining gas pay in the SASB wells,” said Trillion Energy CEO Arthur Halleron in the press release. “We are pleased with the results. Installation of production tubing in the past required a jack-up rig, which was extremely expensive. However, we intend to run the new production tubing without a rig using a snubbing unit, which is substantially cheaper and will provide a long-term production solution.”
To view the full press release, visit https://ibn.fm/TkWTN
About Trillion Energy International Inc.
Trillion Energy is focused on oil and natural-gas production for Europe and Türkiye with natural gas assets in Türkiye. The company holds a 49% interest in the SASB natural gas field, a Black Sea natural-gas development, and a 19.6% (except three wells with 9.8%) interest in the Cendere oil field. The company also is pursuing oil exploration in S.E. Türkiye and beyond. For more information, visit the company’s website at www.TrillionEnergy.com.
NOTE TO INVESTORS: The latest news and updates relating to TRLEF are available in the company’s newsroom at https://ibn.fm/TRLEF
About MiningNewsWire
MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.
MNW is where breaking news, insightful content and actionable information converge.
To receive SMS alerts from MiningNewsWire, text “BigHole” to 888-902-4192 (U.S. Mobile Phones Only)
For more information, please visit https://www.MiningNewsWire.com
Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer
MiningNewsWire
Los Angeles, CA
www.MiningNewsWire.com
310.299.1717 Office
[email protected]
MiningNewsWire is powered by IBN