Trillion Energy is providing an update on the status of the Uranus rig mobilization to the SASB gas field.

On August 22, Trillion announced the rig was expected to be approved for departure on August 26, after a thorough inspection and permitting process. The rig inspection identified deficiencies with the top drive and ballast tank and as such requiring repairs before departure. These repairs, which are required for worker safety, are expected to be completed this week upon which time mobilization is expected to commence.

The Uranus drilling rig’s live location may be tracked at the website marinetraffic.com.

When the rig arrives, it will be positioned at the Akcakoca offshore production platform where it will take three days before the first well is spud.

The Company’s multi-well development program initially includes seven natural gas production wells set to come online during a time when acute natural gas shortages are menacing Europe and Turkey. Natural gas prices continue to spike, breaking historical records; the prospect of a cold winter looms with the worst shortages expected yet to come.

In Turkey, Trillion is 49% owner of the SASB natural gas field, one of the Black Sea’s first and largest-scale natural gas development projects. The company also holds a 19.6% (except three wells with 9.8%) interest in the Cendere oil field.

KeyFacts Energy: Trillion Turkey country profile