Trillion Energy Confirms 32.9 Metres Of Gas Pay In First Well, Completes Flow Test

Flow tests have been completed for the first well drilled under a multi-well program being conducted by Trillion Energy (CSE: TCF). The flow tests follow the well being drilled to a depth of 2,826 metres, as announced in mid-October.

Evaluations from the log identified a total of 32.9 metres of natural gas pay within five sands of the Akcakoca member for the South Akcakoca-2 well. Two lower sands were perforated for 22.1 metres, which was then flow tested at 7.0 to 8.2 MMcf/d using a 32/64″ choke, with reservoir pressure amounting to 1,690 psi during shut in.

“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,” said CEO Art Halleran.

Selkirk Copper Mines — sponsored Sponsored · Selkirk Copper Mines

WATCH: Energy Markets “Will Still Be Oil & Gas” — With Arthur Halleran of Trillion Energy

Long term production testing is currently being conducted along the 22.1 metre perforation interval. Final production flow rates are expected to be provided by the company once measurement at the gas processing facility is completed.

The remaining 10.8 metres of natural gas pay are expected to be perforated by the company at a later date once production for the lower interval begins to decline.

Trillion Energy last traded at $0.46 on the CSE.


FULL DISCLOSURE: Trillion Energy is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Trillion Energy on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.

Video Articles

Why Is This $1.5 Billion Gold Story Worth Just $37 Million? | Fredonia Mining PEA

This Copper Stock Exploded Before Anyone Knew the Grade | Decade Resource

Silver Miners Will Crush Gold Miners | Adrian Day

Recommended

Cambria Gold Reverses Course on Mt. Margaret Spinout, Citing Strong Copper Fundamentals

Krait Critical Minerals Closes Acquisition of Nevada Hills Antimony and Its Two Washington Projects

Related News

Trillion Energy Begins Drilling Second Well Under Multi-Well Program

Trillion Energy (CSE: TCF) keeps pushing forward with its multi-well drill program, announcing this morning...

Thursday, November 3, 2022, 09:35:08 AM

Trillion Energy Sees 2P Reserves At SASB Gas Field Increase 30%

A revised reserve report was released by Trillion Energy (CSE: TCF) this morning, with the...

Wednesday, April 5, 2023, 08:31:27 AM

Company Profile: Trillion Energy International

Trillion Energy International Inc. (CSE: TCF) is a Canadian oil and gas exploration company with...

Tuesday, February 28, 2023, 03:50:00 PM

Trillion Energy Resumes Drilling West Akcakoca-1 Well

Trillion Energy (CSE: TCF) provided a progress update on the status of its third well...

Tuesday, February 14, 2023, 09:44:42 AM

Trillion Energy Expects Drill Platform To Mobilize On Thursday

Trillion Energy (CSE: TCF) this morning looked to quell any concerns among shareholders related to...

Tuesday, September 6, 2022, 09:03:59 AM