Project UpdateJul 15, 2026, 06:11 AM
Trillion Energy Updates M47 Block Exploration Program in Türkiye
AI Summary
Trillion Energy International Inc. announced the successful completion of a technical field scouting program for its M47 oil exploration block in southeastern Türkiye. This program, which included field observations and review of historical data, is in preparation for a planned geophysical data acquisition campaign in the 2026 field season. The M47 block holds significant potential, with a 2C Contingent Resource of 27.6 MMbbl on the North Discovery and a total unrisked resource potential of 51.6 MMbbl net to Trillion.
Key Highlights
- Successful technical field scouting completed for M47 exploration block in Türkiye.
- Preparing for planned geophysical data acquisition campaign in 2026 field season.
- Field observations confirmed significant fault-related structural features in M47.
- High-resolution gravity study results guided seismic program planning.
- M47 North Discovery has 2C Contingent Resource of 27.6 MMbbl.
- North Discovery's unrisked NPV-10 is US$733.5 million.
- Total unrisked resource potential of 51.6 MMbbl net to Trillion across three prospects.
- North Prospect 3C estimate at unrisked NPV-10 of US$1.18 billion.
Price Impact
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