Trillion Energy Initiates Oil Exploration Seismic Program in Cudi-Gabar Oil Province

Vancouver-based energy company Trillion Energy International Inc. has announced its entry into a contract for the acquisition of 2D seismic data and the commencement of an oil exploration seismic program in the Cudi-Gabar oil province. The program will focus on the first of the three Cudi-Gabar oil farm-in blocks, specifically the M47 Block.

The seismic acquisition program is of great significance to the M47 Block as it marks the first time seismic activity will occur in the area. This area is in close proximity to the recently discovered Sehit Aybuke Yalcin and Sehit Esma Cevik oil fields, making it an attractive location for exploration.

The program involves drilling 3,750 twelve-meter deep holes, which will be used to shoot dynamite-based seismic over the eastern to northeastern half of the M47 Block, covering approximately 15,000 hectares. The acquisition of the 2D seismic data is set to commence in mid-November and conclude by December 2023. The subsequent processing and interpretation of the data are estimated to take around 5-6 months.

Trillion Energy’s CEO, Arthur Halleran, expressed excitement about venturing into the emerging Cudi-Gabar oil province. The initial seismic data will be carefully analyzed to identify anticline structures with seals, which will guide future drilling efforts. The company aims to maximize shareholder value through a combination of gas development at SASB and high-impact oil and gas exploration in the Cudi-Gabar oil blocks, while also expanding the SASB footprint.

Trillion Energy is primarily focused on natural gas production for Europe and Turkey, with assets in Turkey and Bulgaria. The company holds a 49% ownership stake in the SASB natural gas field, one of the Black Sea’s largest-scale development projects, and a 19.6% interest in the Cendere oil field. Additionally, Trillion Energy recently acquired three oil exploration blocks in northeastern Turkey.

For more information about Trillion Energy International Inc., please visit their website or refer to their filings on sedar.com.

Cautionary Statement Regarding Forward-Looking Statements:
This news release may contain forward-looking information and statements, subject to various risks and uncertainties. Trillion Energy does not undertake to update any forward-looking information except as required by applicable securities laws. The actual results and strategies may differ materially and adversely from those expressed in the forward-looking statements due to factors such as regulatory challenges, oil and gas price fluctuations, operational and geological risks, and changes in capital raising strategies.