00:18:38 EDT Thu 16 May 2024
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Trillion Energy International Inc (2)
Symbol TCF
Shares Issued 77,935,465
Close 2023-12-05 C$ 0.265
Market Cap C$ 20,652,898
Recent Sedar Documents

Trillion Energy appoints Park as director, Wood resigns

2023-12-05 12:40 ET - News Release

Mr. Arthur Halleran reports

TRILLION ENERGY ANNOUNCES CHANGES TO BOARD OF DIRECTORS

Trillion Energy International Inc., subject to regulatory approval, has appointed Jay Park KC to the board of directors of the company. Mr. Park is a renowned energy lawyer with a particular focus on upstream oil and gas transactions. He has worked on energy projects in more than 50 countries, including Turkey. He has advised international energy companies, including oil and gas explorers, producers, marketers, pipeline companies, state oil companies, governments, banks, and multilateral agencies such as the World Bank. Mr. Park was formerly chief executive officer (April, 2018, to September, 2020) and then chairman (September, 2020, to January, 2022) of ReconAfrica, exploring for oil and gas in Namibia and Botswana. During this period, ReconAfrica was twice named to the TSX Venture 50 and was the top performing 2021 TSX Venture 50 company from the energy sector. Mr. Park is currently executive chairman of MCF Energy Ltd., exploring for gas in Europe.

"The petroleum regime of Turkey is designed to strongly encourage oil and gas exploration, development, and production. So, I am excited to join Trillion to participate in the growing opportunities and success in developing these important resources," said Mr. Park.

Trillion also announces the resignation and retirement of Dr. Barry Wood from its board of directors. Dr. Wood has served Trillion well with his extensive international geological experience and research in reservoir formation, and knowledge formed over decades of exploration across Asia and Africa. The directors and management of Trillion extend their deepest gratitude to Dr. Wood for his contributions to the company, and wish him all the best in his retirement.

About Trillion Energy International Inc.

Trillion Energy is focused on oil and natural gas production for Europe and Turkey with natural gas assets in Turkey. The company is 49-per-cent owner of the SASB natural gas field, one of the Black Sea's first and largest-scale natural gas development projects, and has a 19.6-per-cent (except three wells with 9.8-per-cent) interest in the Cendere oil field. The company has a 50-per-cent interest in three high-impact oil exploration blocks in southeast Turkey.

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