Trillion Energy says global supply shock boosts Türkiye oil project economics

Trillion Energy International Inc. (CSE:TCF, OTCQB:TRLEF, FRA:Z620) is weighing successful connected the existent authorities of planetary lipid markets, arguing that an unprecedented proviso disruption has materially improved the economics of its M47 lipid exploration artifact successful southeastern Türkiye.

The Vancouver-based institution said the planetary lipid marketplace is facing the largest proviso disruption connected record, with restricted flows done the Strait of Hormuz removing an estimated 9.1 cardinal barrels per time from planetary proviso — a level the institution says surpasses anterior shocks, including the Gulf War.

Scott Lower, president of Trillion Energy, said the marketplace statement is underestimating the durability of the existent proviso crunch.

"This is the largest proviso disruption successful the past of the lipid market, and inventories are heading toward all-time lows," Lower said.

"The statement is inactive treating this arsenic a impermanent spike. We don't spot it that way. A decennary of underinvestment doesn't unwind successful a quarter.”

Brent crude has traded supra US$100 per tube amid tightening carnal markets and dwindling planetary inventories.

Trillion said the disruption is not a transient geopolitical premium but a structural imbalance driven by a decennary of underinvestment successful caller lipid production. “The satellite inactive needs 100 cardinal barrels a day; that fig isn't going backwards, and the casual barrels are getting harder to find,” Lower told shareholders.

The timing is important for Trillion's flagship M47 project. An autarkic assets valuation of Block M47 utilized a near-term Brent terms presumption of US$63.68 per tube for 2026 — good beneath existent marketplace levels. That valuation placed the unrisked NPV-10 astatine US$733.5 million, nett to Trillion's 29% moving interest.

The company's M47 people is 32.4° API airy oil, a premium-grade crude priced astatine oregon adjacent the Brent benchmark, making the higher terms situation straight accretive to task economics.

Trillion said its earn-in obligations are actively underway, with US$15 cardinal committed crossed 2026 and 2027 to beforehand the M47 enactment program, including exploration drilling connected a artifact the institution describes arsenic situated wrong a clump of large discoveries that has seen determination lipid accumulation turn from zero to much than 80,000 barrels per day.

Lower besides noted that Türkiye's dependence connected imported crude makes home onshore accumulation progressively strategic.

"When Brent trades supra $100, that dependency is felt straight successful vigor costs, proviso security, and policy,” Lower said.