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The Company’s main producing assets were a result of the acquisition of Park Place Energy Turkey Limited (former name; Tiway Turkey Limited) operating through its Branch in Turkey. The acquisition was completed on January 18, 2017.
The assets in Turkey are consisting of:
49 % interest in an offshore gas development project called the South Akcakoca Sub-Basin (SASB). The SASB involved, four production wellhead platforms, 10 wells tied-in, onshore facilities and infrastructure to bring the gas to market. The other 51% is Turkiye Petrolleri A.O. which is the NOC of Turkey.
For details please visithttps://trillionenergy.com/projects/sasb-gas-field/
19.6% interest in an onshore producing oil field, Cendere, in South East Turkey.
For details please visithttps://trillionenergy.com/projects/cendere-oil-field/
Other assets in Turkey are as follows:
Gas field is shut-in as of today.
License which is a highly prospective 34,705 hectares of exploration block covering the northern extension of the prolific Iraq/Kurdistan Zagros Basin.
For details please visithttps://trillionenergy.com/projects/derecik-oil/
The exploration properties consist of a large potentially 1 TCF of recoverable Coalbed Methane gas in Bulgaria.
For details please visithttps://trillionenergy.com/projects/vranino-gas/
Park Place Energy Inc. has recently rebranded its company title as Trillion Energy Inc. in Canada. Please refer to our website www.trillionenergy.com or below contact details for further information about the company and oil and gas properties.
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