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Trillion Energy reports 27.6M barrels contingent oil resources in Türkiye, plans 2027 drilling and production start

Market News
16 Apr 2026
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Bullish
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Trillion Energy International announced an independent evaluation estimating 27.6 million barrels of contingent oil resources at its North discovery in southeast Türkiye, with a 29% working interest. The North prospect has a risked net present value of $594.2 million and an 81% chance of development. The wider Block M47 area holds an estimated 51.6 million barrels of unrisked resources across three prospects. Trillion plans to begin drilling at the North discovery in 2027, aiming for first commercial production by mid-year, with additional exploration wells scheduled for late 2026 and early 2027.

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