SASB Operations and CNG Compressor Update

We’re pleased to share the latest on our SASB offshore gas project in Turkey and the advancement of our Compressed Natural Gas (CNG) compressor initiative.

SASB Production Update:

Following the installation of velocity string tubing in six natural gas wells, we are implementing further measures for artificial lift.

Trillion has selected several artificial lift techniques, including a gas lift compressor system and pumps for the Akcakoca platform.

CNG Compressor Update:

The CNG compressor project is advancing steadily.

Trillion Energy sourced, installed, and tested the compressor at an onshore well on March 27, 2025, prior to its planned move to the Akcakoca platform.

Currently the compressor is at the Akcakoca shore base undergoing final adjustments, such as piping and separator installations, with an inverter installed to meet the platform’s power requirements.

Work paused for Ramadan but is set to resume by Thursday, April 3.

Before activation, we’ll perform a nitrogen lift to boost gas production. Once operational, the compressor will enable continuous gas lift injection into select wells to stabilize production.