0001493152-22-033799.txt : 20221128 0001493152-22-033799.hdr.sgml : 20221128 20221128130817 ACCESSION NUMBER: 0001493152-22-033799 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20221128 FILED AS OF DATE: 20221128 DATE AS OF CHANGE: 20221128 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Trillion Energy International Inc. CENTRAL INDEX KEY: 0001648636 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 474488552 STATE OF INCORPORATION: A1 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-55539 FILM NUMBER: 221423289 BUSINESS ADDRESS: STREET 1: TURAN GUNES BULVARI,PARK ORAN OFIS PLAZA STREET 2: 180-Y, DAIRE:54, KAT:16 CITY: ORAN, CANKAYA, ANKARA STATE: W8 ZIP: 06450 BUSINESS PHONE: 1 (250) 996-421 MAIL ADDRESS: STREET 1: TURAN GUNES BULVARI,PARK ORAN OFIS PLAZA STREET 2: 180-Y, DAIRE:54, KAT:16 CITY: ORAN, CANKAYA, ANKARA STATE: W8 ZIP: 06450 FORMER COMPANY: FORMER CONFORMED NAME: Park Place Energy Inc. DATE OF NAME CHANGE: 20150720 6-K 1 form6-k.htm

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

November 2022

 

Commission File Number: 000-55539

 

TRILLION ENERGY INTERNATIONAL INC.

 

Suite 700, 838 W. Hastings Street, Vancouver, BC V6C 0A6

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

☒ Form 20-F ☐ Form 40-F

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐

 

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes ☐ No ☒

 

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):

 

 

 

 

 

 

Exhibits:    
     
99.1   NEWS RELEASE DATED NOVEMBER 28, 2022 – TRILLION ENERGY COMMENCES NEXT SASB WELL AND INCREASES GAS SALES

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  TRILLION ENERGY INTERNATIONAL INC.
  (Registrant)
     
Date: November 28, 2022 By: /s/ Ozge Karalli
    Ozge Karalli
    Chief Financial Officer

 

 

 

EX-99.1 2 ex99-1.htm

 

Exhibit 99.1

 

 

TRILLION ENERGY COMMENCES NEXT SASB WELL AND INCREASES GAS SALES

 

West Akcakoca-1 has now been spudded while Akcakoca-3 well commences gas sales

 

November 28, 2022 - Vancouver, B.C. - Trillion Energy International Inc. (“Trillion” or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) is pleased to announce that the Akcakoca-3 well is now producing at 3.3 MMcf/d into the gas sales line; and the rig has been repositioned to drill the West Akcakoca-1 well, the third operation in the Company’s 17 well SASB development program.

 

Initial production rates from Akcakoca-3 are 3.3 MMcf/d using a 20/64” choke and from the upper 7 metres gas sands perforated during the initial operation. 27 metres of net pay remains to be perforated at a later date in the well. Final production rates for Akcakoca-3 will be adjusted as more gas is brought into the production facility from other wells.

 

The Uranus drilling rig has been repositioned on the northern side of the Akcakoca Platform where both the West Akcakoca-1 and Guluc-2 wells will be drilled. These wells will be spudded a few weeks apart and completed in sequence. The order of operations is as follows:

 

1)Spud West Akcakoca-1 drilling 17 ½” diameter hole to 1000 metres depth, run in and cement 13 3/8” casing (10 days time);
2)Skid Rig and spud Guluc-2 and drill 17 ½’ diameter hole to 1000 metres depth, run in and cement 13 3/8” casing (10 days time);
3)Drill Gulus-2 to total depth (TD), perforate, test and produce;
4)Skid Rig back to West Akcakoca-1, drill to total depth, perforate, test and produce

 

The Company is drilling the 17 ½” diameter hole for both Guluc and West Akcakoca sequentially to save time and cost, as special equipment is required to be moved to and from the rig from Shore Base.

 

Arthur Halleran CEO of Trillion stated:

 

“We are very pleased South Akcakoca-2 and Akcakoca-3 are now producing gas sales revenue at $30+/mcf, which will be reinvested back into the continuing drilling program. Guluc-2 is a known gas pool previously discovered by a vertical well but never put on production. The Guluc long reach directional well we are now drilling will reach out from the production platform and bring this gas field into production”

 

 

 

 

 

About the Company

 

Trillion Energy is focused on natural gas production for Europe and Türkiye with natural gas assets in Türkiye and Bulgaria. The Company is 49% owner of the SASB natural gas field, one of the Black Sea’s first and largest-scale natural gas development projects; a 19.6% (except three wells with 9.8%) interest in the Cendere oil field; and in Bulgaria, the Vranino 1-11 block, a prospective unconventional natural gas property. More information may be found on www.sedar.com, and our website.

 

Contact

 

Investor Relations: 1-778-819-1585

Art Halleran: 1-250-996-4211

e-mail: info@trillionenergy.com

Website: www.trillionenergy.com

 

Cautionary Statement Regarding Forward-Looking Statements

 

This news release may contain certain forward-looking information and statements, including without limitation, statements pertaining to the Company’s ability to obtain regulatory approval of the executive officer and director appointments. All statements included herein, other than statements of historical fact, are forward-looking information and such information involves various risks and uncertainties. Trillion does not undertake to update any forward-looking information except in accordance with applicable securities laws.

 

These statements are not guaranteeing of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Accordingly, actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors. These factors include unforeseen securities regulatory challenges, COVID, oil and gas price fluctuations, operational and geological risks, the ability of the Company to raise necessary funds for development; the outcome of commercial negotiations; changes in technical or operating conditions; the cost of extracting gas and oil may be too costly so that it is uneconomic and not profitable to do so and other factors discussed from time to time in the Company’s filings on www.sedar.com, including the most recently filed Annual Report on Form 20-F and subsequent filings for the first quarter of 2022. For a full summary of our oil and gas reserves information for Turkey, please refer to our Forms F-1,2,3 51-101 filed on www.sedar.com, and or request a copy of our reserves report effective December 31, 2021 and our Prospective Resource report effective October 31, 2021.

 

 

 

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