Mr. Scott Lower reports
TRILLION ENERGY ADVANCES M47 SEISMIC PROGRAM TENDER
Trillion Energy International Inc. has finalized the design and tender of a new 40-kilometre 2-D seismic acquisition program on the M47c,d oil block in southeastern Turkey, following its recently completed field scouting program, and is conducting a new seismic tender, with acquisition targeted for the summer of 2026.
The finalized program covers a 40-kilometre 2-D seismic survey across three priority exploration areas: the South Lead along the southeastern boundary and the North field discovery area, which includes the area around Cetinkaya-1 and Cetinkaya-2 wells drilled in 2025.
The new program covers key areas where drilling is expected to assist in future development and exploration on the block. Tender documents have been prepared for relevant contractors.
The program design builds on the company's recently completed field scouting and high-resolution gravity study (see the company's June 30, 2026, news release), which confirmed significant fault-related structures and priority leads across the licence. The seismic lines have been positioned to tie into recent discoveries on the adjacent block. Technical specifications for the seismic tender are complete, and the tender is expected to commence shortly, with advance site preparation expected to shorten the acquisition schedule and lower program costs.
The company expects to acquire the seismic during late summer 2026 and to complete the new acquisition over approximately a six-week period, with data interpreted thereafter. Upon completion, the company expects to announce its next drilling locations.
Scott Lower, president of Trillion Energy, stated: "New seismic acquisition significantly advances the commercialization and exploration of the M47 block forward. Some of the most important and prospective areas of the block have not been sufficiently imaged to date. Once it is interpreted, new well locations may be finalized for the upcoming drilling programs as we move one step closer to commerciality and sustained production."
Project highlights:
- 2C contingent resource of 27.6 million barrels on the North discovery, with an unrisked net present value 10 of $733.5-million (U.S.);
- Approximately 11 kilometres from the Sehit Aybuke Yalcin oil field, Turkey's largest onshore oil discovery;
- Light oil discovery confirmed at 32.4-degree API gravity (2025);
- 38 metres of net oil pay at C-1 discovery well (2025);
- Total unrisked resource potential of 51.6 MMbbl net to Trillion across three prospects, with a North prospect 3C estimate at an unrisked NPV-10 of $1.18-billion (U.S.);
- Seven newly discovered analogue oil fields in the Gabar region over the past five years;
- Analogue Gabar regional fields produce a combined rate of over 80,000 barrels per day;
- 578,213,000 stock tank barrels petroleum initially in place (100-per-cent interest) assessed by appraisal.
About Trillion Energy International Inc.
Trillion Energy is a Canadian oil exploration company focused on Turkey. The company has an agreement to earn an up-to-29-per-cent working interest in the M47 oil exploration block (C3 and C4 licences) located in the Cudi-Gabar petroleum province of southeastern Turkey.
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