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Trillion energy (CSE: TCF) (OTCQB: TRLEF) , a company focused on oil and natural gas production for Europe and Türkiye with Natural gas assets in Türkiye, today provided a production update for the SASB gas field, noting that the SASB revitalization program realized the complete payback of recent perforation costs. According to the update, the Guluc-2, South Akcakoca-2, West Akcakoca-1 and Akcakoca-3 wells started production over a staggered period from July 9 to July 28 and have already produced 140MMcf, representing a 35-day payoff of the recent perforation CAPEX. Gas production from the Akcakoca platform has averaged 4.6 MMcf/d since the perforation program concluded.
The company also provided a production update for its oil and gas fields. This update highlighted robust performance and strategic developments, noting that the 100% gas production from SASB (95% from Guluc-2 and South Akcakoca-2 and 5% from West Akcakosa-1) was about 133.13 MMcf during August. This translated to gross revenue of US$1,456,400 and a Trillion 49% value of US$713,640 at a realized Natural Gas price of about US$10.94. The company's gross oil revenue from Cendere was US$342,700. According to the update, the company realized a total gross production revenue of US$1,056,340 in August. Trillion Energy's August performance underscores the company's growing position in the European energy market.
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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 19.6% (except three wells with 9.8%) interest in the Cendere oil field. The company also is pursuing oil exploration in S.E. Turkiye and beyond. More information may be found on
and the
company's website .
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The latest news and updates relating to TRLEF are available in the company's newsroom at
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