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Trillion Energy August Update: Optimizing Gas Production for Future Growth

In August, Trillion Energy’s gas production from the SASB field reached 133.13 MMcf, generating a gross total revenue of US$1,456,400. The company’s Trillion 49% value stood at US$713,640, with a realized natural gas price of US$10.94. Additionally, Trillion’s gross oil revenue from the Cendere field was US$342,700, bringing the total gross production revenue for August to US$1,056,340.

The majority of gas revenue from SASB came from Guluc-2 and South Akcakoca-2 wells, accounting for 95% of the total. The remaining 5% was from the West Akcakoca-1 well, which produces intermittently. The average production for August was 4.6 MMcf/d, with the Akcakoca-3 well head pressure increasing to 583 psi. A flow test is scheduled for the upcoming week to assess production levels.

Trillion Energy’s performance in August highlights its growing presence in the European energy market. With the SASB gas field contributing significantly to revenue, the company is well-positioned for future growth through production optimization techniques. The planned installation of velocity strings in the wells is expected to boost gas production, following the success of legacy wells that averaged 4.2 Bcf per well using 2 3/8″ production tubing.

The installation of 2 3/8″ velocity strings in all 6 wells is set to enhance gas production at SASB. CEO Arthur Halleran emphasized the potential for increased monthly revenue once more gas wells come online. With a focus on maximizing production efficiency, Trillion is on track to achieve significant growth in the coming months, leveraging its strong position in the energy market.

About Trillion Energy International Inc:
Trillion Energy International Inc is a key player in oil and natural gas production, particularly in Europe and Türkiye. The company holds a 49% stake in the SASB natural gas field and a 19.6% interest in the Cendere oil field. With additional oil exploration blocks in S.E. Türkiye, Trillion is poised for continued success in the energy sector. Learn more at www.trillionenergy.com

Contact:
Arthur Halleran, Chief Executive Officer
Brian Park, Vice President of Finance
1-778-819-1585
Email: info@trillionenergy.com

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