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Trillion Energy extends M47 oil block earn-in payment schedule, defers funding to 2027

PUBT·07/15/2026 10:25:56
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Trillion Energy extends M47 oil block earn-in payment schedule, defers funding to 2027
  • Trillion Energy amended its M47c,d oil block farm-in in Türkiye, extending earn-in payment timing through 2027 to improve funding flexibility.
  • USD 300,000 advanced on July 4, 2026; about USD 4.35 million now due by Sept. 15, 2026; remaining payments deferred to Sept. 2027.
  • Agreement supports the next work program phase, covering 80% of the next component, including North Block development activities.
  • Meaningful production targeted to start later in 2026, tied to meeting earn-in commitments, drilling, workovers.
  • Farm-in signed Jan. 9, 2026 to earn 29% interest; total earn-in commitment set at USD 15 million.


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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-033249), on July 15, 2026, and is solely responsible for the information contained therein.