Trillion Energy International says Guluc-2 well tests 16.35 MMcf per day

Trillion Energy International Inc. (CSE:TCF, OTCQB:TRLEF) said flow testing of the Guluc-2 natural gas well at the SASB gas field, offshore Türkiye, demonstrated flow rates peaking at a rate of 16.35 million cubic feet (MMcf) of natural gas per day and shut-in pressure of 2,000 pounds per square inch (PSI). The company said in a statement that 5.5 metres of the lower natural gas sands in the Guluc-2 well were perforated and tested on March 28. The well will now enter long-term production with an initial production rate of 6 MMcf per day, it added. Trillion CEO Arthur Halleran said the Guluc-2 well marks a significant success and will be an excellent producer for years to come. “It is the fourth successful gas well in our program, which has now been significantly de-risked from both a geological and engineering standpoint,” Halleran said. “Guluc-2 is the longest reach well to date, over 3 kilometres horizontal distance.” He added: “The rig is now mobilizing to drill the Bayhanli gas pool, a proven reserve never previously produced.” Trillion Energy is focused on natural gas production for Europe and Türkiye with natural gas assets in Türkiye 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; a 19.6% (except three wells with 9.8%) interest in the Cendere oil field; and in Bulgaria, the Vranino 1-11 block, a prospective unconventional natural gas property. Contact the author at emily.jarvie@proactiveinvestors.com Follow her on Twitter @emilyjjarvie

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