TRILLION ENERGY’S BAYHANLI-2 GAS WELL ENTERS PRODUCTION

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Bayhanli-2 properly efficiently examined at a fee of 11.9 MMcf/day

Vancouver, B.C., June 01, 2023 (GLOBE NEWSWIRE) — Trillion Power Worldwide Inc. (“Trillion” or the “Firm”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) pronounces circulate check outcomes for the Bayhanli-2 pure gasoline properly on the SASB gasoline subject, offshore Turkey.

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Eight intervals of gasoline pay with a real thickness of about 21 metres had been perforated and examined in Bayhanli-2 and now are producing gasoline to the gross sales pipeline. The eight intervals inside the E, D, C, A and AA gasoline sand reservoirs produced at a mixed fee of 11.9 MMcf/d for the ultimate circulate check. The properly is predicted to be produced to pipeline with preliminary circulate charges from between 8 and 9MMcf/d.

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The Uranus Rig will now be moved to the Akkaya tripod to begin drilling Alapli-2, the subsequent properly. Alapli-2 is a twin of a beforehand found gasoline pool however that has by no means been put onto manufacturing.

Arthur Halleran, CEO of Trillion, acknowledged:

“Bayhanli-2 is our fifth properly operation efficiently drilled and producing gasoline at SASB. With a number of zones perforated, we count on an excellent producer which may also assist us consider produce gasoline at most charges.”

In regards to the Firm

Trillion Power is concentrated on pure gasoline manufacturing for Europe and Türkiye with pure gasoline belongings in Türkiye and Bulgaria. The Firm is 49% proprietor of the SASB pure gasoline subject, one of many Black Sea’s first and largest-scale pure gasoline growth initiatives; and a 19.6% (besides three wells with 9.8%) curiosity within the Cendere oil subject. Extra info could also be discovered on www.sedar.com, and our web site.

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Contact
Artwork Halleran: 1-250-996-4211
Company places of work: 1-778-819-1585
e-mail: data@trillionenergy.com
Web site: www.trillionenergy.com

Cautionary Assertion Relating to Ahead-Trying Statements

This information launch could include sure forward-looking info and statements, together with with out limitation, statements pertaining to the Firm’s means to acquire regulatory approval of the chief officer and director appointments. All statements included herein, aside from statements of historic truth, are forward-looking info and such info includes numerous dangers and uncertainties. Trillion doesn’t undertake to replace any forward-looking info besides in accordance with relevant securities legal guidelines.

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These statements are usually not guaranteeing of future efficiency and are topic to sure dangers, uncertainties, and assumptions which can be tough to foretell. Accordingly, precise outcomes may differ materially and adversely from these expressed in any forward-looking statements because of numerous components. These components embrace unexpected securities regulatory challenges, COVID, oil and gasoline worth fluctuations, operational and geological dangers, the flexibility of the Firm to lift crucial funds for growth; the end result of business negotiations; modifications in technical or working situations; the price of extracting gasoline and oil could also be too expensive in order that it’s uneconomic and never worthwhile to take action and different components mentioned on occasion within the Firm’s filings on www.sedar.com, together with probably the most just lately filed Annual Report on Kind 20-F and subsequent filings for the primary quarter of 2023. For a full abstract of our oil and gasoline reserves info for Turkey, please seek advice from our Types F-1,2,3 51-101 filed on www.sedar.com, and or request a duplicate of our reserves report efficient December 31, 2022.