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.

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.

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