Trillion Energy cites durable oil supply shock, low stocks lifting Türkiye project value

Trillion Energy emphasizes a large, durable global oil supply disruption from Strait of Hormuz restrictions, removing 9.1 million barrels per day, has driven Brent above $100/bbl and inventories toward record lows. Management views this as a structural shortfall from underinvestment, not temporary geopolitics, directly boosting its M47 onshore Türkiye block economics. An independent valuation using $63.68/bbl Brent yielded $733.5m unrisked NPV-10 net to Trillion's 29% interest; higher prices add meaningful accretion. The firm has allocated $15m for 2026-27 drilling on 32.4° API light oil in a 80,000 bpd region.