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Todays update.
https://mailchi.mp/trillionenergy/trillion-provides-operational-update-for-sasb-gas-field?e=59502a8d28
This is the fun part. They get to blow some stuff up.
Akcakoca-3 Well being readied for perforations as gas sales from the South Akcakoca well commence
November 14, 2022 – Vancouver, B.C. – Trillion Energy International Inc. (“Trillion” or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) is pleased to announce that gas sales have commenced from its first new well (South Akcakoca) and that the borehole for Akcakoca-3 has now been cleared of old wireline through a fishing operation and cleaned, readied for the planned re-perforation operation this week.
An operation to fish the junk from the Akcakoca-3 well has now been successfully completed. After five days, our crew recovered over 600 kgs of lost cable, mill out the old packer and cleared the wellbore. All the lost cable above the packer was recovered, and the old packer was pushed down below the deepest perforation interval.
Images of the “fish” recovered from the Akcakoca-3 well may be found on our Twitter and LinkedIn feed @trillionenergy and will be included in our weekly newsletter that users may sign up for on our website www.trillionenergy.com.
The Akcakoca-3 borehole is now ready for the re-perforation, including the remaining gas-bearing zones totalingapproximately 34 meters of pay. Perforations are anticipated to be completed later this week, with production commencing shortly thereafter.
Natural gas sales have commenced from South Akcakoca-2, which was put on initial production rates averaging approximately 3.0 MMcf/d between November 4th to 10th. The Company is monitoring production characteristics of the well and is planning to gradually increase production rates over time.
Arthur Halleran, CEO of Trillion Energy stated:
“We are pleased to have achieved gas sales from South Akcakoca-2 ahead of schedule in cooperation with our partner, TPAO. During testing, no gas was vented to the atmosphere as the gas flow was contained within the pipeline production system. This Akcakoca-3 fishing operation could not be done earlier, as the Uranus rig was required due to the mechanical challenges faced. We look forward to perforating and putting the well back on production this week
futr
Trillion Energy Provides Operational Update For SASB Gas Field
Akcakoca-3 Well being readied for perforations as gas sales from the South Akcakoca well commence
November 14, 2022 - Vancouver, B.C. - Trillion Energy International Inc. (“Trillion” or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) is pleased to announce that gas sales have commenced from its first new well (South Akcakoca) and that the borehole for Akcakoca-3 has now been cleared of old wireline through a fishing operation and cleaned, readied for the planned re-perforation operation this week.
An operation to fish the junk from the Akcakoca-3 well has now been successfully completed. After five days, our crew recovered over 600 kgs of lost cable, mill out the old packer and cleared the wellbore. All the lost cable above the packer was recovered, and the old packer was pushed down below the deepest perforation interval.
Images of the “fish” recovered from the Akcakoca-3 well may be found on our Twitter and LinkedIn feed @trillionenergy and will be included in our weekly newsletter that users may sign up for on our website www.trillionenergy.com.
The Akcakoca-3 borehole is now ready for the re-perforation, including the remaining gas-bearing zones totalingapproximately 34 meters of pay. Perforations are anticipated to be completed later this week, with production commencing shortly thereafter.
Natural gas sales have commenced from South Akcakoca-2, which was put on initial production rates averaging approximately 3.0 MMcf/d between November 4th to 10th. The Company is monitoring production characteristics of the well and is planning to gradually increase production rates over time.
Arthur Halleran, CEO of Trillion Energy stated:
“We are pleased to have achieved gas sales from South Akcakoca-2 ahead of schedule in cooperation with our partner, TPAO. During testing, no gas was vented to the atmosphere as the gas flow was contained within the pipeline production system. This Akcakoca-3 fishing operation could not be done earlier, as the Uranus rig was required due to the mechanical challenges faced. We look forward to perforating and putting the well back on production this week.”
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.
Found/Got it.
Thanks B.
found it on another board:
https://us20.campaign-archive.com/?u=5e269838a16742a97c90596c2&id=d6b539e970 11/11/2022 - Weekly Drilling Report: November 9, 2022
Sorry, already deleted it. Email Trillion to get yourself on their emailing list for the weekly drill reports. Come out every Friday.
Damn! That takes balls or desperation.
Elon will chit can that account.
Could see a knee jerk to the other way in price when it’s realized that 17% supply is not going to be seen.
Talk about a gut punch. Stomp some hope. Freeport has been very upfront about its restart after they lied in the beginning of the explosion that they would be back up and running within a month. Now this?
We still have another 2 years of Biden.
Do you have a link ?
Freeport LNG Calls Out Fake Freeport Letterhead and 'False Information' on Twitter
November 11, 2022
By Dan Molinski
A major liquefied natural gas exporter in Texas, Freeport LNG, said Friday that statements posted earlier in the day on Twitter and other social media using fake, Freeport-branded letterhead were "false information," adding it hasn't issued any recent statements regarding a restart of its liquefaction plant.
"Any Tweets and/or posts on Freeport LNG branded letterhead that may have been obtained or published, are reporting false information and are not legitimate, official public information from Freeport LNG," the company said in a statement on its website.
Privately owned Freeport LNG operates on Texas's Gulf Coast and is one of seven liquefied natural gas export facilities in the U.S. It had to shut down its plant in June due to an explosion and fire, and hasn't reopened yet. It said in August that it anticipated an initial restart by early-to-mid November.
The Freeport plant's shutdown reduces total U.S. LNG export capacity by approximately 2 billion cubic feet per day, or 17% of total U.S. LNG export capacity. As such, the shutdown and speculation about when exactly it will restart has been a hot topic in natural gas futures trading markets.
That speculation ratcheted up sharply Friday morning, when a Twitter account, @Lithium_Plays, made several unconfirmed statements regarding Freeport that were widely shared by other Twitter accounts, including a top, so-called energy Twitter influencer, an oil analyst for a major international bank whose account has 64,000 followers. But those tweets by @Lithium_Plays were then quickly deleted.
Shortly thereafter, another account, @rr9b250, Tweeted a screenshot that seemed to look like it came directly from Freeport LNG, as it was on Freeport LNG letterhead with the same logo colors that one sees on Freeport's official website. The statement ended with "Sincerely, Freeport LNG Public Relations."
That statement, which Freeport LNG has now confirmed is false, seemed to be a company response to the @Lithium_Plays account statements, and it also provided some additional information about when Freeport may begin its restart. It, too, was widely shared around Twitter, especially among those who track hashtags such as #natgas and #naturalgas.
While both of the accounts that sent the tweets are unverified, the tweets had a real impact on natural gas prices Friday. Traders noted that front-month prices were 3% higher mid-morning at around $6.424/mmBtu, but then plunged as the tweets were posted and began circulating, and the market eventually closed the session 5.8% lower at $5.879/mmBtu.
Write to Dan Molinski at dan.molinski@wsj.com
Pretty volatile week in financial markets. USA elections and inflation data. A preview of what is to come, in my opinion.
With the cold months on our doorstep im also opining that the Russian/Ukrainian 300-year-long border conflict will ramp up big league. There is a bull case AND bear case for a Black Sea gas producer in this scenario.
Will be an exciting year ahead for us owners of TRLEF.
For all USA market participants, happy Armistice Day. May we use this day to encourage ending all wars around the world.
I got my sights set for May.
If we are not solid above .50-.75, we got problems I can’t see yet.
I’m excited for 2023. Just snagged another 5k shares this week to round up my stack of gas.
Drilling report is out. Nothing earthshaking. Getting ready to perforate new zone and turn over for production next week. Would be great if both wells are ready for production next week. Getting addicted to these Friday drill reports!
100000 SHARE BUY. STOCK WORTH 1.75 AT 40$ NAT GAS $$$$$$$$$$$$$$$
3.5/1 BUYS VS SELLS. HUGE BUYS ALSO 50K BUY
Akcakoca-3 natural gas well, the second operation in the Company’s 17 well SASB development program should have update next week.
Is that .48 in Canadian play money?
These multi exchange listed stock always confuse me. Any exchange can move this.
I see nothing but positives here. In the short and long term.
Putin got what he wants. That drama has sort of chilled.
Putin has a bigger battle with China to create a new world currency. Ukraine is a distraction.
I can also see China buy all it’s energy needs from Russia and cut off the US LNG supply. That’s my biggest fear today. The welfare EU nations will bitch and cry to pay our price
It’s going to get interesting over the next 3 years.
Lets get rich again!
Trillion Energy Begins Production Ramp Up Amidst Historic NatGas Prices Explains CEO Art Halleran
Trillion Energy Announces Commencement of Second Well in Its Multiwell Program
Press Release | 11/03/2022
Vancouver, B.C., Nov. 03, 2022 (GLOBE NEWSWIRE) -- Trillion Energy International Inc. (“Trillion” or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) is pleased to announce commencement of the recompletion of the Akcakoca-3 natural gas well, the second operation in the Company’s 17 well SASB development program.
On October 31, 2022, the Uranus Rig was repositioned 3 meters while at the Akcakoca Platform to the Akcakoca-3 well slot. The recompletion will replace the bent 2 ½” tubing with 4 ½” tubing, perforate remaining gas zones upon which time the well will be put back onto production. The recompletion started on November 1st and is expected to take 12 days.
The Akcakoca-3 well originally entered production during March 2011 and has produced 9.78 Bcf (100% interest) of natural gas to date. The well encountered mechanical issues with the production tubing and water build-up and as a result, has only intermittently produced gas since November 2019. The well is expected to start producing natural gas again immediately upon recompletion.
About the Company
Trillion Energy is focused on natural gas production for European and Turkish markets, through its 49% interest in the SASB natural gas field, one of the Black Sea’s first and largest-scale natural gas development. We also produce oil from the Cendere oil field in which we own 19.6% (except three wells with 9.8%). In Bulgaria we have 100% of a prospective unconventional natural gas property, the Vranino 1-11 block. More information may be found on www.sedar.com, and our website.
Contact
Art Halleran: 1-250-996-4211
Corporate offices: 1-778-819-1585
e-mail: info@trillionenergy.com
Website: www.trillionenergy.com
Cautionary Statement Regarding Forward-Looking Statements
This news release may contain certain forward-looking information and statements, including without limitation, statements pertaining to the Company's ability to obtain regulatory approval of the executive officer and director appointments. All statements included herein, other than statements of historical fact, are forward-looking information and such information involves various risks and uncertainties. Trillion does not undertake to update any forward-looking information except in accordance with applicable securities laws.
These statements are not guaranteeing of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Accordingly, actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors. These factors include unforeseen securities regulatory challenges, COVID, oil and gas price fluctuations, operational and geological risks, the ability of the Company to raise necessary funds for development; the outcome of commercial negotiations; changes in technical or operating conditions; the cost of extracting gas and oil may be too costly so that it is uneconomic and not profitable to do so and other factors discussed from time to time in the Company’s filings on www.sedar.com, including the most recently filed Annual Report on Form 20-F and subsequent filings for the first quarter of 2022. For a full summary of our oil and gas reserves information for Turkey, please refer to our Forms F-1,2,3 51-101 filed on www.sedar.com, and or request a copy of our reserves report effective December 31, 2021 and our Prospective Resource report effective October 31, 2021.
Volume 5.6 mil up here.......700,000 Stateside.
Asking price = .48 now.......Could it (still) be a BUY ?
I don't know WHY this board's using THAT chart >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>..
When it;s THE CANADIAN one is which MATTERING THE MOST
We'd be getting a much clearer image of what is occurring.
BitI I guess : 'Ce'st la vie'
Future upside stock chart winner.....
GAS is where it's at.
.
yeah, I doubt Art pays a dividend anytime soon. Too many wells to drill and then after the first 17 wells, there are many exploratory targets nearby that could be bigger than SASB! Drilling programs A and B are going to take us into 2024 and then he'll start taking shots at blue sky. IF everything goes as planned, we should have solid cashflow and money in the bank but offshore exploratory wells aren't going to be cheap. If he has to build platforms after drilling success, it could take years to get a new field online. Investors don't realize the beautiful situation we are in now with the existing platforms and pipelines.
Cash flowwww. Nice Job Mr Halleran.
By my calculations I would expect the same flow rate as South Akcakoca2 based on previous history. Catches on by end of month?
Damn! Impressive!
IMO
Art speaks to this presentation on the most recent episode of the podcast Mining Stock Education.
www.mining.stock.education.com
It’s also on YouTube and iTunes
New PPT "Presentation" on the company website
https://trillionenergy.com/wp-content/uploads/2022/11/Trillion_Energy_Intl_Corporate_Presentation_NOV_2022-V5.pdf
Art is touring EU/UK this week; Ak-3 re-completion is underway.
Santa has come early.
Someone buying the hill out of this.
Maybe we kiss .35 again.
I never realized it's (they are) so high-tech
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170336669
Which uranium players are on your radar ?
.
I don’t think most understand the magnitude of gas we are sitting on that is pressuring up our pipes today. 1,200+ psi
Turkey is a NATO country that is open and freely deals with Russia. They have a good mutual relationship. They also have no problem telling NATO and the globalist that run it to go pound sand. Very Trump like. I think that might be the rub why some are sitting out watching from the sidelines. Zelenski needs to take a lesson. As with most wars, they are over before the first shot. Turkey has not become the target of MSM gaslighting….yet!
Turkey is the largest buyer of Gold on Earth. I have no doubt they will become a BRICS nation. And who can blame them. Their fiat dollar sucked big time. 60-80 inflation under the Central bank system. They have been eating chit pie for a generation.
If they become a major supplier to the EU, they will refuse their fiat money. I could see Turkey demanding gold. If The EU has any gold left.
The next 12-18 months are going to get interesting. Turkey is in a no lose position. They have nukes too.
When is Shell or BP going to buy out TRLEF for $5-8+ bucks a share? The more wells we tie together the, the more this is going to cost.
I’ll be happy when this kisses over $25/share.
I’ll keep it if it starts to pay dividends. If not, I’ll roll my gains back into US LNG plays that do. Or old uranium plays. Their day is coming too.
Lets give them a good slap and break .36!
IMO
kinda surprised volume has been relatively light. I guess the folks that know about it and accept the area risk, have already bought in. I bought a few more yesterday at .321. Should have bought more but chickened out. This stock should strengthen as Trillion drills and pumps more gas. This second well should take less time as a recomplete versus drill.
Nice post. Thanks. A must read.
We will have this gas field at 100% in no time.
Way before TELL fills its first ship with LNG.
Ours can go directly into existing gas lines..
NEWS...
Trillion Energy Announces Successful Flow Test Results
The South Akcakoca 2 well was completed and tested at a rate of 7.0 - 8.2 MMcf/day
November 1, 2022 - Vancouver, B.C. - Trillion Energy International Inc. (“Trillion” or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) today announced flow test results for the South Akcakoca-2 natural gas well at SASB gas field, offshore Turkey.
The final log evaluation identified a total of 32.9 metres of natural gas pay within 5 sands in the Akcakoca Member.
Two of the lower sands (D, C) were perforated over a combined interval of 22.1 metres MD. The well was then flow tested into the SASB production facilities at 7.0 – 8.2 MMcf/d with a 32/64” choke. Reservoir pressure built up to 1690 psi during shut in. The full 22.1 metres perforation interval is currently undergoing a long-term production test into our facilities.
The well is in line with expectations and based on known production characteristics of historical gas wells at SASB. Final production rate will be given when measured at the process facility.
The additional upper interval of 10.8 metres of pay identified through logs as gas bearing sands will be perforated in the future after the production for the initial interval starts to decline.
Arthur Halleran, CEO of Trillion Energy, stated:
“The results from the flow-test in the lower intervals are in line with our expectations for the South Akcakoca-2 gas well. We are very pleased that the first of our multi-well program has been completed successfully. This is an excellent start to our program.”
Let's hope it's good news. Volume double average and stock trading at low of the day. I put in a bid for a few more shares.
According to some posters on this other board, Art has said "News Tuesday", meaning tomorrow. Art delivers on his promises.
Well that’s a nice little weekend roundup. I sure hope it’s all happening. Hopefully some news out this week.
A poster on another board has been watching the action over the weekend via the website Marine Traffic. Apparently, a "dive boat" has been making numerous trips to the Rig while a tug / supply ship has been within 100 feet of the Rig. According to the most recent Update, the plan was to "skid" the Rig about 10 feet - that's what divers from the dive boat would monitor. Then, the supply ship is apparently loading completion fluid for Ak-3, and probably other essentials, as well. Then, the re-completion of Ak-3 can proceed. To add to the drama, Art Halleran is visiting Germany and UK this week on some sort of "victory lap" and letting them know about the potential, now that Ak-2 appears to be "in the bag" and production can start. Adding even further is that Turkiye media have discovered all this sudden excitement about their enormous gas field(s) there in the Black Sea, and are going nuts about it.
Keep the price cheap a little longer more loading….
I recommend the podcast Macro Voices. The most recent episode, #347 from 10/27/2022 addresses the European natural gas glut around minute 38 or so. The conversation is between Erik Townsend and Ole Hansen who are both commodities experts.
WEEKLY DRILLING REPORT OCTOBER 27, 2022
WELL: South Akcakoca-2
Spudded September 19th; days since spud = 38
Measured depth = 2826 metres; True vertical depth = 1544 metres – Total depth reached October 15th
Week Summary:
Detail log evaluation – Company/Partner pick first set of perforation intervals – Prepare Rig for well completion
Run cement bond log to make sure good cement behind casing.
First part of week the casing inside was cleaned and tested
RIH w/4 ½” tubing + Completion BHA
Preparations for perforations continue
Further Activities:
On Saturday morning (Istanbul Time) there will be perforation of the first sands to produce.
After the cleaning flow the well will be put on production immediately
The Rig will skid over about 3 metres on the Akcakoca Platform and start the recompletion of the Akcakoca-3 well.
It might seem that it is taking a long time between South Akcakoca-2 TD to its completion. There are really several steps that must be done, in general they are (just using the drilling mud as an example).
Prepare the borehole for the completion process, remove all the drilling mud out of the borehole, remove any other fluids, any metal fragments, pressure testing etc.
Get all the completion and production items to the RIG (4 ½” tubing, all down hole tools needed), room had to be made on the floor for it.
Convert the RIG from drilling mode to completion mode, one example is the drilling mud, that must be taken off the RIG and completion fluid brought onto the RIG.
Many details need to be evaluated and tested as once the zone is perforated and the natural gas flows into the well then there will be high pressure at the wellhead which needs to be under control. So, everything must have been done to ensure it is isolated and the gas only flows where we want it to flow.
Finally, since we changed the RIG from drilling to completion (most of drilling equipment sent to shore) the RIG can now just skid over and recomplete the Akcakoca-3 well.
Today.,
Now we will run casing perforation guns to create holes in the casing over the gas bearing intervals to allow gas to be produced. This will occur around October 28th.
Crude oil price will go up after the Nov election. Greenies will not roll over and go away.
The fuel hurt has just begun.
We still need new refineries in this nation if we want cheap gas again. We’re not going to get one approved till 2024
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