Trillion Energy International ( (TSE:TCF) ) has shared an update.
Trillion Energy International Inc. has announced an operational update for its SASB offshore gas project in Turkey. The company successfully installed new velocity string tubing in two wells, enhancing production efficiency and mitigating water loading. Following positive results from nitrogen injection, Trillion is implementing artificial lift techniques, including a gas lift compressor system and pump solutions, to sustain long-term production rates. These strategic interventions are expected to optimize well performance and support continuous production.
More about Trillion Energy International
Trillion Energy International Inc is focused on oil and natural gas production for Europe and Türkiye, with natural gas assets in Türkiye. The Company is a 49% owner of the SASB natural gas field in the Black Sea and holds a 19.6% interest in the Cendere oil field.
YTD Price Performance: -54.00%
Average Trading Volume: 158,647
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.46M
For detailed information about TCF stock, go to TipRanks’ Stock Analysis page.