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Trillion Energy Recaps C-1 Light Oil Discovery Amid Türkiye Boom

Trillion Energy highlighted its C-1 discovery in SE Türkiye, where 32° API light oil was found across 38m net pay but only ~30% of the target zone was drilled, signaling major upside in a region with 80,000 bpd production and 40 nearby rigs. The story began April 14 with confirmation of 32.4° API oil, 38m net pay in 76.6m gross, and 36% oil cut post-acid stimulation, leaving 160m+ reservoir untapped and a sidetrack planned. April 16's Chapman evaluation certified 27.6 MMbbl 2C resource (net 24.2 MMbbl) with $733.5M unrisked NPV10 on North Prospect, totaling 51.6 MMbbl block potential targeting mid-2027 production. This fuels WLDOIL's bullish exploration momentum.

Category

UK Brent Oil

Sentiment

Bullish

Event

Milestone

Reading time

1 min