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Trillion Energy International ( (TSE:TCF) ) has issued an update.
Trillion Energy International Inc has provided an update on its SASB offshore gas project in Turkey, highlighting recent operational advancements including the installation of new velocity string tubing in six wells to address water loading issues. Despite weather-related delays, Trillion is progressing with nitrogen stimulation and plans to enhance production further by implementing artificial lift technologies, such as a Progressive Cavity Pump and Electric Submersible Pumps, to sustain long-term production rates and optimize well performance.
More about Trillion Energy International
Trillion Energy International Inc focuses on oil and natural gas production in Europe and Türkiye. The company holds a 49% interest in the SASB natural gas field in the Black Sea and a 19.6% interest in the Cendere oil field.
YTD Price Performance: -26.00%
Average Trading Volume: 175,289
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $6.14M
See more data about TCF stock on TipRanks’ Stock Analysis page.
