Trillion Energy announces light oil discovery in Türkiye and strategic shift to oil exploration

Trillion Energy International President Scott Lower joined Steve Darling from Proactive to announce a significant light oil discovery at the Çetinkaya-1 (C-1) well in southeast Türkiye, alongside a strategic realignment toward high-impact oil exploration. Lower explained that the C-1 exploration and appraisal well, located on Block M47C3,C4 in Şırnak Province, has confirmed the presence of 32.4° API light oil within the Cretaceous Beloka and Mardin Group carbonate formations. A comprehensive wireline logging program was completed, including gamma ray, resistivity, density, neutron porosity, sonic, spontaneous potential, and caliper measurements. Log analysis, conducted using Archie’s equation calibrated to formation conditions, confirmed hydrocarbon-bearing intervals in both target formations. The well identified approximately 38.0 metres of net oil pay within a 76.6-metre gross reservoir interval, representing a net-to-gross ratio of about 50%. Fracture-adjusted estimates indicate gross pay of approximately 40.6 metres and net pay in the range of 36.0 to 38.5 metres. Drilling reached a depth of 2,455 metres before being halted due to loss of circulation, intersecting only about 38 metres of the targeted 250–350 metre reservoir section. As a result, more than 160 metres of prospective reservoir remains untested. To further evaluate the discovery, the company is planning a follow-up sidetrack well (C-1ST), targeting a structural crest approximately 75 to 100 metres higher, where a thicker oil column is anticipated. The discovery marks an important step in Trillion Energy’s strategy to prioritize oil-focused exploration opportunities with strong potential upside. #proactiveinvestors #trillionenergyinternational #cse #tcf #otcqb #trlef #OilDiscovery #TurkeyEnergy #LightOil #OilExploration #EnergySector #Hydrocarbons #DrillingResults #Reservoir #OilAndGas #ExplorationUpdate #EnergyTransition #Upstream #ResourceDevelopment #EnergyMarkets