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Be the first with the news that moves the market- Trillion Energy reports revenue receipts and production data from SASB for the month of December 2022
- Trillion’s 49 per cent share of December 2022 gas production was 87.4 MMcf, generating US$2,647,053 before royalties
- The Guluc-2 well is nearing completion and is expected to reach a total depth of 3,981 meters within days
- VP of Corporate Development Colin Robson sat down with Sabrina Cuthbert to discuss the news
- Trillion is an oil and gas-producing company with multiple assets throughout Turkey and Bulgaria
- Trillion Energy International Inc. (TCF) opened trading at C$0.375
Trillion Energy (TCF) reported revenue receipts and production data from SASB for the month of December 2022.
As production commenced on November 4th, 2022, for South Akcakoca-2 and November 24th, 2022, for Akcakoca, both wells contributed a full month of production to December’s revenues.
Trillion’s 49 per cent share of December 2022 gas production (net of utility gas volumes) was 87.4 MMcf, generating US$2,647,053 before royalties (US$2,342,633 after royalties).
Daily gas production volumes from the wells increased slightly during December due to production rates being fine-tuned.
The company is pleased to report that the Guluc-2 well is nearing completion at 3,524 meters. It is expected to reach a total depth of 3,981 meters within days. Drilling results so far have been very encouraging, with gas shows having been encountered relatively early in the Akcakoca Member sands, a very positive sign.
VP of Corporate Development Colin Robson sat down with Sabrina Cuthbert to discuss the news.
Trillion is an oil and gas-producing company with multiple assets throughout Turkiye and Bulgaria. The company is 49% owner of the SASB natural gas field, one of the Black Sea’s first and largest-scale natural gas development projects.
Trillion Energy International Inc. (TCF) opened trading at C$0.375.
