Proactive - Interviews for investors

Trillion Energy highlights strategic location advantage at M47 oil project in Türkiye

June 15, 2026·7 min
Episode Description from the Publisher

Trillion Energy Vice President and Deputy General Manager Tolga Terzi joined Steve Darling from Proactive to discuss the importance of “closeology” and how proximity to existing oil production supports the company’s M47 oil block development project in southeastern Türkiye. Terzi explained that in the oil and gas industry, being located near producing fields can significantly reduce exploration risk by providing valuable information about geology, reservoir characteristics, infrastructure, and development requirements before drilling begins. The M47 block is situated in one of Türkiye’s most active oil-producing regions, approximately 57 kilometres from the Syrian border and 90 to 100 kilometres from the Iraqi border. The acreage lies near several producing fields operated by Turkish Petroleum Corporation (TPAO), including the Sehit Ayabuke Yalcin and Sehit Esma Cevik fields. According to Terzi, TPAO has made multiple discoveries in the area in recent years and has steadily expanded drilling activity closer to Trillion’s acreage. In 2025, Trillion and its partners drilled two wells and encountered oil within the same carbonate Cretaceous reservoirs that host production in nearby fields. “We have drilled this. We have two wells in 2025 with our partners, and we encountered the same quality of oil in the same carbonate Cretaceous reservoirs,” Terzi said. He also noted that existing infrastructure, including a recently completed regional pipeline and access to major oilfield service providers, could support future development activities and potentially reduce project execution risks. Management believes the project benefits from being located adjacent to established production rather than being a purely conceptual exploration target, providing important geological validation and development advantages as the company advances the M47 project. #proactiveinvestors #trillionenergyinternational #cse #tcf #otcqb #trlef #OilDiscovery #TurkeyEnergy #OilAndGas #TurkeyEnergy #EnergyExploration #OilProduction #EnergySector #MiddleEastEnergy #ResourceDevelopment #EnergyInfrastructure #OilDiscovery #closeology

Podzilla Summary coming soon

Sign up to get notified when the full AI-powered summary is ready.

Get Free Summaries →

Free forever for up to 3 podcasts. No credit card required.

Listen to This Episode

Get summaries like this every morning.

Free AI-powered recaps of Proactive - Interviews for investors and your other favorite podcasts, delivered to your inbox.

Get Free Summaries →

Free forever for up to 3 podcasts. No credit card required.