Trillion Energy sees big increase in reserves as company enters production at two more gas wells

March 30, 2023 at 12:21 PM EDT

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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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View source version on newsdirect.com: https://newsdirect.com/news/trillion-energy-sees-big-increase-in-reserves-as-company-enters-production-at-two-more-gas-wells-737059109

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Trillion Energy sees big increase in reserves as company enters production at two more gas wells

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