Trillion Energy Announces AKCAKOCA-3 WELL Flow Test Results, The Canadian Business Journal

VANCOUVER, British Columbia, November 21, 2022 (GLOBE NEWSWIRE) — Trillion Energy International Co., Ltd. (“Trillion” or “Company) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) is pleased to announce the flow test results of the Akcakoca-3 natural gas well at the SASB gas field offshore Turkey.

Three sands containing a total of 34 meters of natural gas were identified as boreholes in the Akcakoca-3 well. The well immediately experienced a pressure rise of up to 7.0 MMcf/d (32/64 inch choke) as the first piercing of the top seven meters of sand occurred. The well head pressure was 1,400 psi.

Based on the initial gas flow and reservoir pressure data from the first sand drilling, we will begin production for this zone and the remaining two sands at a future date after production from the first drilling interval begins. (27 meters in total). Rejected.

The final production flow rate is finally established at the process facility.

Trillion CEO Arthur Halleran said:

“We are very pleased that our multiwell drilling program is off to such a strong start. So far it’s “two against two”. In addition, each well has tens of meters of identified gas sand, ready for future drilling and production to maintain production levels. This is the situation we want. ”

About the company

Trillion Energy has natural gas assets in Turkey and Bulgaria and is focused on natural gas production in Europe and Turkey. The company is a 49% owner of the SASB natural gas field, one of the first and largest natural gas development projects in the Black Sea. His 19.6% interest in the Cendere field (excluding his three wells of 9.8%). In Bulgaria, it is the Vranino 1-11 block and a potential unconventional natural gas asset. For more information, please visit his website at www.sedar.com and our company.

contact
Art Halleran: 1-250-996-4211
Headquarters: 1-778-819-1585
Email: [email protected]
Website: www.trillionenergy.com

Forward notes– look statement

This news release may contain certain forward-looking information and statements. regularaTrierapproval Appointment of Executive Officers and DirectorsAll statements contained herein, other than statements of historical fact, are Forward-looking information and such information involve various risks and uncertainties. Trillion does not undertake to update forward-looking information, except in accordance with applicable securities laws.

These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Accordingly, actual results may differ materially from those expressed in forward-looking statements as a result of a variety of factors. These factors include unanticipated securities regulatory challenges, COVID, oil and gas price volatility, operational and geological risks, and our ability to raise the necessary funding for development. results of commercial negotiations; changes in technical or operating conditions; The cost of extracting gas and oil is so high that it may be uneconomical and unprofitable, and other factors, including the company’s annual report on recently filed forms, www.sedar.com are explained from time to time in the filing documents. 20-F and subsequent filings for Q1 2022. For a complete overview of Turkey’s oil and gas reserves information, please refer to Form F-1,2,3 51-101 filed at www.sedar.com. and/or request a copy of the Reserves Report effective December 31, 2021 and the Prospected Resources Report effective October 31, 2021.

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