10:35 AM EST - Trillion Energy International Inc. : Reported that the evaluation of the Zagros Basin Derecik Exploration Licenses in the Hakkari area of Turkey is complete and yielded promising results. Trillion has 100% interest of 42,833 hectares of the Derecik Licenses which covers the extension of the oil rich Iraq Zagros Basin into Turkey – proximate to several world class oil fields located in Northern Iraq. Arthur Halleran, CEO commented, “Successful exploration efforts on the Derecik play have the potential to yield a significant conventional oil discovery accessible for low production costs, competitive in today’s oil environment. We are excited about our evaluation of the property’s drilling prospects, given its proximity to super major fields and our data analysis conducted to date.” Trillion Energy International Inc.
shares C.TCF are trading up 6.25 percent at $0.09.
