Trillion Energy unit Dune Oil launches 40-km 2D seismic tender for Türkiye Gabar block

Reuters2026/08/11 12:51

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Trillion Energy International advanced its Gabar Block oil discovery in southeastern Türkiye, with a 2C contingent resource estimate of 28 million barrels.
Launched a tender for 40 km of 2D seismic ahead of further drilling, with the drilling plan expected to be finalized by September 2026.
Independent NI 51-101 evaluation assigned the North Prospect an unrisked NPV-10 of USD 733.5 million, with an 81% chance of commerciality.
Work program requires USD 15 million in staged funding; USD 4.35 million is due Sept. 15, 2026, following USD 800,000 advanced year-to-date.
Çetinkaya-1 well encountered 32° API oil with 38 meters of gross pay; re-entry is planned for additional production testing later in 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Trillion Energy International Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608110850NEWSFILECNPR____20260811_309156_1) on August 11, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Trillion Energy unit Dune Oil launches 40-km 2D seismic tender for Türkiye Gabar block

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