Trillion Energy sees big increase in reserves as company enters production at two more gas wells
News release
by
Trillion Energy International Inc.
Vancouver
|
March 30, 2023 12:21 PM Eastern Daylight Time
Trillion Energy CEO Arthur Halleran joined Steve Darling from Proactive to share details of a third party report summarizing its 2022 year-end reserves.
Halleran tells Proactive the net present value (NPV) of proved reserves increased by over 200% to $123.8 million and the NPV of proved and probable P2 natural gas reserves increased over 400% to $432 million.
Halleran also shared with Proactive flow test results for the West Akcakoca-1 and Guluc-2 natural gas wells at the SASB gas field, offshore Turkey.
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