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[Bobwins]

trlef/tcf.cn US$.3206

Trillion is a Canadian energy company exploring in the Black Sea near Turkey. The company secured a 49% interest in a field that's already been drilled and tested many years ago.Their partner is the Turkish National Energy company Nat gas wasn't that valuable and so it wasn't produced even though several wells were drilled and tested. The offshore platforms are already built and pipelines go onshore to a processing plant. This well should be producing this month and generating revs. The next well is a recompletion so should be even quicker. There are 10 wells similar to this one ready to be drilled. Turkey pays in US$ to Trillion. In order to finance this opportunity, Trillion had to dilute substantially. There are almost 500million shares fully diluted. At US$.32, the market cap is in the US$120million range. The fact that they don't have to build a pipeline to the mainland AND build an onshore gas processing plant is huge. Company estimated several hundred million in capex has already been spent. Hopefully the next two years will result in a series of similar announcements. Once the first 10 wells are drilled, Trillion will explore their substantial holding offshore. They have several prospects similar to the SASB field they are currently drilling. They will use the cashflow from the first wells to pay for the exploration.

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.”



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.