Trillion Energy International Inc. (CSE: TCF) (OTC
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Posted On: 10/11/2024 4:27:09 PM
Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) CEO, Production Featured in Recent Episode of Mining Podcast
- Company CEO is a geologist with more than four decades of experience and a PhD in petroleum geology.
- Trillion Energy has the SASB Gas Field in the Black Sea and an oil field on shore.
- Currently the company is producing an estimated 6–6.5 million cubic feet per day with projections of reaching an estimated 12–15 million cubic feet of production.
Having an experienced professional run a company is essential for many reasons, and those reasons become even more profound in companies where public safety and welfare is at risk, such as an oil and gas exploration company. The benefits of exceptional leadership, particularly in an industry as complex and resource-intensive as oil and gas exploration, can directly influence a company’s profitability, safety, environmental impact and long-term sustainability. Trillion Energy International (CSE: TCF) (OTCQB: TRLEF), a Canadian oil and gas exploration and production company, is a superb example of a company being led by a true professional.
In a recent episode of the MiningNewsWire Podcast (https://nnw.fm/CXNHg ), Trillion Energy CEO and director Dr. Arthur Halleran, PhD, shared his expertise with podcast host Stuart Smith. “I’m a geologist by trade,” noted Halleran, who also founded Canacol Energy Ltd., now the largest natural gas producer in Colombia. “I have about 44 years of experience, and I have a PhD in petroleum geology. Throughout my career, I’ve worked in about 39 other countries. Over half of my experience is on international projects. I started with Trillion Energy in 2011 as a director, and in 2017 I took over as the CEO.”
In addition to CEO Halleran’s impressive resume, Trillion Energy CFO David Thompson brings another five decades of experience to the table. His background includes a stint at Sea Dragon Energy in Egypt as well as numerous other companies.
During the podcast, which features insightful sit-downs with executives who are shaping the future of the global mining industry, Halleran discussed the company’s project portfolio. “Trillion Energy is an oil and gas producer with operations in Türkiye,” he explained. “We have the SASB Gas Field in the Black Sea, and then we also have an oil field on shore. The field has been producing since around 2007, with another series of drilling in 2011. Trillion took over the field in 2017. In 2022–2023, we drilled another five wells to tag into new gas pools and also recompleted one. They were long reach, directionally drilled wells.
“When we acquired the company holding these assets in Türkiye, the gas field didn’t have any economic gas production or a reserve report,” Halleran continued. “The facilities were written off. . . . We got a new reserve report and operated the drilling. . . . Leveraging recent technological advancements, we were able to produce the borehole onto the platforms, into the pipelines, onto our gas facilities, and right to the sales line.”
Halleran noted that currently Trillion Energy is producing about 6–6.5 million cubic feet per day from four of the wells. Following planned refinements, the company anticipates reaching an estimated 12–15 million cubic feet of production per day with plans to maintain that level of constant production for a couple of years.
Trillion Energy International is focused on oil and natural gas production for Europe and Türkiye with natural gas assets in Türkiye. The company is 49% owner of the SASB natural gas field, a Black Sea natural gas development, and has a 19.6% interest (except three wells with 9.8%) in the Cendere oil field.
For more information, visit www.TrillionEnergy.com.
NOTE TO INVESTORS: The latest news and updates relating to TRLEF are available in the company’s newsroom at https://nnw.fm/TRLEF
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
- Company CEO is a geologist with more than four decades of experience and a PhD in petroleum geology.
- Trillion Energy has the SASB Gas Field in the Black Sea and an oil field on shore.
- Currently the company is producing an estimated 6–6.5 million cubic feet per day with projections of reaching an estimated 12–15 million cubic feet of production.
Having an experienced professional run a company is essential for many reasons, and those reasons become even more profound in companies where public safety and welfare is at risk, such as an oil and gas exploration company. The benefits of exceptional leadership, particularly in an industry as complex and resource-intensive as oil and gas exploration, can directly influence a company’s profitability, safety, environmental impact and long-term sustainability. Trillion Energy International (CSE: TCF) (OTCQB: TRLEF), a Canadian oil and gas exploration and production company, is a superb example of a company being led by a true professional.
In a recent episode of the MiningNewsWire Podcast (https://nnw.fm/CXNHg ), Trillion Energy CEO and director Dr. Arthur Halleran, PhD, shared his expertise with podcast host Stuart Smith. “I’m a geologist by trade,” noted Halleran, who also founded Canacol Energy Ltd., now the largest natural gas producer in Colombia. “I have about 44 years of experience, and I have a PhD in petroleum geology. Throughout my career, I’ve worked in about 39 other countries. Over half of my experience is on international projects. I started with Trillion Energy in 2011 as a director, and in 2017 I took over as the CEO.”
In addition to CEO Halleran’s impressive resume, Trillion Energy CFO David Thompson brings another five decades of experience to the table. His background includes a stint at Sea Dragon Energy in Egypt as well as numerous other companies.
During the podcast, which features insightful sit-downs with executives who are shaping the future of the global mining industry, Halleran discussed the company’s project portfolio. “Trillion Energy is an oil and gas producer with operations in Türkiye,” he explained. “We have the SASB Gas Field in the Black Sea, and then we also have an oil field on shore. The field has been producing since around 2007, with another series of drilling in 2011. Trillion took over the field in 2017. In 2022–2023, we drilled another five wells to tag into new gas pools and also recompleted one. They were long reach, directionally drilled wells.
“When we acquired the company holding these assets in Türkiye, the gas field didn’t have any economic gas production or a reserve report,” Halleran continued. “The facilities were written off. . . . We got a new reserve report and operated the drilling. . . . Leveraging recent technological advancements, we were able to produce the borehole onto the platforms, into the pipelines, onto our gas facilities, and right to the sales line.”
Halleran noted that currently Trillion Energy is producing about 6–6.5 million cubic feet per day from four of the wells. Following planned refinements, the company anticipates reaching an estimated 12–15 million cubic feet of production per day with plans to maintain that level of constant production for a couple of years.
Trillion Energy International is focused on oil and natural gas production for Europe and Türkiye with natural gas assets in Türkiye. The company is 49% owner of the SASB natural gas field, a Black Sea natural gas development, and has a 19.6% interest (except three wells with 9.8%) in the Cendere oil field.
For more information, visit www.TrillionEnergy.com.
NOTE TO INVESTORS: The latest news and updates relating to TRLEF are available in the company’s newsroom at https://nnw.fm/TRLEF
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
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