Trillion Energy Announces September 8th As Uranus Rig Departure Date

Source: 9/6/2022, Location: Europe

Trillion Energy International Inc. (“Trillion” or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) provides an update on the status of the Uranus Rig mobilization to the SASB gas field. The Uranus Rig is slated to depart for SASB on September 8th and to arrive on September 11th. A detailed daily schedule is as follows:

- September 5 – NDT (Non-Destructive Testing) operations in ballast Tank #2

- September 6 – Estimated completion of welding operations in ballast Tank #1, start NDT and painting

- September 8 – Rig departure date

- September 9 – PSU Altair ship arrives for loading of all equipment and materials from shore base to Akcakoca offshore platform

- September 11 – Rig arrives at SASB

Arthur Halleran, CEO, Stated “As investors have been eagerly anticipating and requesting daily updates on the rig mobilization for our drilling program; I have been personally keeping on top of the rig status on a daily basis. I am confident the September 8th departure date will allow us the time to have the necessary rig repairs identified and completed.”

“As Trillion is now able to sell its natural gas production for US$30.68/mcf; and with the news today of Russia shutting off all natural gas supply from the Nord-Stream pipeline until sanctions are lifted, we expect further upward price pressure on natural gas to occur over the winter.”

“With the drilling rig arriving September 11th, the first new gas production is expected around the end of October, 2022 which will capture the high gas prices.”

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