Trillion reports over 40m gas pay in Alapli 2 well offshore Turkey

Canada’s Trillion Energy on July 17 announced that the Alapli 2 well in the SASB gas field in Turkish Black Sea has reached a total measured depth of 3,258 m with preliminary indications from mud logging results suggesting the presence of potential natural gas pay in six separate sands within the Akcakoca Member, which is the SASB production zone. These indications span over 40 m.

The company's next step is to run and cement the 7" production casing and subsequently perforate the production zones. The logging while drilling data is currently being evaluated, and the initial perforation intervals are being determined to bring the well into production. Once the well is perforated, completion and flow testing will be conducted, and the results will be announced in the following week.

The Alapli 2 well is part of Trillion's multi-well programme at the SASB gas field. The company has successfully completed six wells as part of its initial project, which was fully funded through equity raises obtained last year and revenues from gas production. No further capital raising for the SASB project is anticipated at this time, Trillion said.

Trillion focuses on natural gas production in Europe and Turkey, with gas assets in Turkey and Bulgaria. The company owns a 49% interest in the SASB natural gas field, which is one of the Black Sea's largest-scale natural gas development projects. Additionally, it holds a 19.6% interest in the Cendere oil field (except three wells with 9.8%) and the Vranino 1-11 block in Bulgaria, which is a prospective unconventional natural gas property.