Trillion Energy hails potential upside value of its SASB gas field off the coast of Turkey
SASB is a Black Sea offshore development with four platforms and five gas wells producing from the Eocene Kusuri Sandstones
Company
CNSX:TCF
Dune Oil Corp is a Canadian oil exploration company focused on Türkiye. The company has an agreement to earn up to a 29% working interest in the M47 oil exploration block (C3 and C4 licences) located in the Cudi-Gabar petroleum province of southeastern Türkiye.
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SASB is a Black Sea offshore development with four platforms and five gas wells producing from the Eocene Kusuri Sandstones
The exploration licenses in the Hakkari area are nearby several producing oil fields in the Zagros Basin, which straddles the border of Iraq and Turkey
The anticipated cost for Trillion’s reserves development on its 49% share of the gas field is about US$26 million
Trillion's reserves grew from 342,000 BOE to 4.9 million BOE, a 1,433% increase
Trillion recently made moves to extend the life of the wells and boosted production by 50% to 1,517 million cubic feet per day
Cendere is a 25-well operation in Turkey with 16 wells currently producing
The SASB gas field in Turkey is one of the Black Sea region’s largest undeveloped natural gas projects