Trillion Energy Announces TD and Logging Results for South Akakoka 2 Gas Well, Canadian Business Journal

VANCOUVER, British Columbia, October 20, 2022 (GLOBE NEWSWIRE) — Trillion Energy International Co., Ltd. (“Trillion” or “Company) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) is pleased to announce preliminary indications of gas from the South Akchacoca 2 well. On October 15, South Akakoka 2 reached a total depth (TD) of 2,826 meters. This is a true vertical depth (TVD) of 1,543.6 meters. This gas well is the first multi-well program in his SASB gas field, Black Sea, Turkiye, where the Company owns 49% of it.

Deforestation While Drilling (“LWD”) resulted in 32.0 meters of potential natural gas payments in five sands of Akcakoca members (SASB production zones) and 2 gas payments in excess of 10 meters each. suggests that it is in one sand. In addition, gas sands identified by LWD also had natural gas detected at the surface of the mud logging.

A 7-inch production casing is set and cemented in place. Completion, drilling, and testing to determine natural gas production rates will take place the following day.

Trillion CEO Arthur Halleran said:

“We are very pleased with the successful drilling of the first directional well in SASB’s multiwell program. shows a proof-of-concept for drilling a new well to tap into a new natural gas pool.The thickness of the gas stratum identified preliminarily has already confirmed the geological model used to select the drilling site. We look forward to receiving the actual gas flow rates tested soon.”

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. 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 DirectorsExcept for statements of historical fact, all statements contained herein are forward-looking information and such information involves 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. Alternatively, request a copy of the Reserves Report effective December 31, 2021 and the Probable Resources Report effective October 31, 2021.

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