Onshore Oil Exploration · SE Türkiye
A Light Oil
Discovery in
Türkiye's Rising
Oil Province.
Trillion Energy International (CSE: TCF | OTCQB: TRLED | FSE: Z62) is earning a 29% working interest in the M47 block — a 450 km² concession in the Cudi-Gabar province, 11 km from Türkiye's largest onshore light oil discovery. Anchored by a 27.6 million barrel 2C contingent discovery, confirmed at two wells.
A Global Energy Squeeze
Oil Above $100.
Türkiye Imports
Most of Its Crude.
Trillion Is Drilling.
The largest supply disruption on record. OPEC+ cuts holding firm. Global demand near 100 million barrels a day. Trillion Energy is advancing onshore exploration in Southeast Türkiye — zero maritime exposure to Hormuz or Red Sea risk.
The Cudi-Gabar oil province has gone from no production to one of Türkiye's fastest-growing onshore plays. Trillion's M47 block sits inside that fairway — on the same Beloka and Mardin Group carbonate reservoirs that produce the surrounding fields.
Get M47 Updates by EmailThe Setup
Brent Crude
Brent has traded above US$100 amid the largest supply disruption on record.
Bpd Global Demand
Global oil demand at 103 million barrels a day, with no structural decline in sight.
Bbl/d — The Province
Cudi-Gabar province production rose from zero to over 80,000 bbl/d in under a decade.
To the Discovery
M47 sits 11 km from Şehit Aybüke Yalçın, Türkiye's largest onshore light oil discovery.
Company Overview
Trillion Energy — At a Glance.
A short introduction to Trillion Energy International: who we are, our assets across Türkiye, and the strategy driving production growth and shareholder value.
The M47 Block
Light Oil. Pipeline Grade.
No Blending Required.
Trillion has a binding agreement to earn a 29% working interest in the M47 block — a US$15M earn-in, first payment made May 2026. Every figure below is net to Trillion's share.
Independently evaluated value, with an 81% chance of development.
Across the block's three prospects — North, Central and Fındık.
North Prospect — backed by 32.4° API light oil confirmed at two wells.
Independently evaluated by Chapman Hydrogen & Petroleum Engineering under NI 51-101; filed on SEDAR+. Contingent resources are not reserves and do not have demonstrated commerciality. Prospective resources are undiscovered — no certainty any portion will be discovered or be commercially producible. NPV-10 is a technical metric, not fair market value.
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Our Project
A Light Oil Discovery in the Cudi-Gabar Trend
The M47 block sits in Southeast Türkiye's Cudi-Gabar province — 11 km from Türkiye's largest onshore light oil discovery, on the same Mardin Group carbonate formation. Chapman Hydrogen & Petroleum Engineering independently evaluated 27.6 MMbbl of 2C contingent resource under NI 51-101, with an unrisked NPV-10 of US$733.5M net to Trillion's 29% WI. The full report is filed on SEDAR+. Contingent resources are not reserves.
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At the Heart of
Türkiye's Energy Strategy
Türkiye imports 85%+ of its crude oil — billions sent abroad every year. Every domestic barrel carries a strategic premium.
Pipeline and refinery infrastructure across Southeast Türkiye is well-developed for rapid monetization of light sweet crude — no maritime exposure to Hormuz or Red Sea risk.
32.4° API crude requires no blending — pipeline-grade, accepted by all major regional refineries.
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Three Prospects, One Block
51.6 MMbbl of Unrisked Resource Potential
Chapman Hydrogen & Petroleum Engineering independently evaluated the M47 block under NI 51-101 — identifying three prospects on the same Mardin Group carbonate play: North (contingent, discovery-backed) plus Central and Fındık (prospective). The full report is filed on SEDAR+.
North — Contingent
27.6 MMbbl 2C contingent resource, net to Trillion's 29% WI. Unrisked NPV-10 of US$733.5M; Chapman-assigned 81% chance of development. Backed by the C-1 and C-2 light oil discovery.
Central — Prospective
13.1 MMbbl P50 prospective resource, net to 29% WI. Unrisked NPV-10 of US$412.9M. Seismic-confirmed four-way dip closure on trend with the North discovery.
Fındık — Prospective
7.9 MMbbl P50 prospective resource, net to 29% WI. Unrisked NPV-10 of US$247.2M. Four-way dip closure near the North discovery and off-block producing fields.
Contingent resources are not reserves and do not have demonstrated commerciality. Prospective resources are undiscovered — there is no certainty any portion will be discovered or, if discovered, be commercially producible. NPV-10 is a technical metric, not fair market value.
The M47 Project
Anchored by the North Prospect Discovery
One of Türkiye's most compelling light oil opportunities in the Cudi-Gabar fairway — 11 km from the country's largest onshore light oil discovery.
Resource
2C Contingent Resource
North Prospect, net to Trillion's 29% WI. Independently evaluated by Chapman Hydrogen & Petroleum Engineering under NI 51-101. Contingent resources are not reserves.
Value
2C NPV-10 · Net 29% WI
Unrisked NPV-10 on the 2C case, with a Chapman-assigned 81% chance of development. Struck on a ~US$64 Brent 2026 price deck. See SEDAR+ filings for assumptions and risks.
Confidence
Chance of Development
Chapman's assessed probability that the North Prospect 2C contingent resource proceeds to development — assigned under NI 51-101.
* Contingent resources are not reserves and do not have demonstrated commerciality. NPV-10 is a technical valuation metric, not fair market value, and depends on price, capex, and recovery assumptions. See the Company's NI 51-101 disclosure on SEDAR+.
More Than Just an Exploration Company
Our Approach to Resource Development
Independent Evaluation
Every resource number is independently evaluated by Chapman Hydrogen & Petroleum Engineering under Canada's NI 51-101 standard for public oil resource disclosure. Filed on SEDAR+.
Geological Validation
The Mardin Group carbonate at M47 is the same formation hosting Türkiye's largest onshore light oil discovery 11 km away — and roughly 100 analogue wells produce within a 10–12 km radius of the block.
Basin-Scale Upside
Three prospects mapped within the M47 block — North, Central and Fındık — for 51.6 MMbbl of total unrisked resource potential, with a funded 2026–2027 work programme to advance them.
CSE: TCF · OTCQB: TRLED · FSE: Z62
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