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Trillion Energy International Inc. C.TCF

Alternate Symbol(s):  C.TCF.WT | TRLEF

Trillion Energy International Inc. is a Canada-based oil and gas producing company that strives to maximize shareholder value through a mix of offshore gas development and high-impact oil and gas exploration in Cudi-Gabar province SE Turkey. The Company is 49% owner of the South Akcakoca Sub-Basin (SASB) natural gas field, a natural gas development project with four offshore platforms, pipelines and gas plant located in shallow water black sea. The Company also has the Vranino 1-11 block, a prospective unconventional natural gas property in Bulgaria.


CSE:TCF - Post by User

Comment by jermiah777on Aug 02, 2022 6:25pm
147 Views
Post# 34866872

RE:RE:RE:LOOKING GOOD.

RE:RE:RE:LOOKING GOOD.Clouder...so much will depend upon gas prices. But if gas prices are up in the 30$ or greater.. then ya..you may get right. When they did their financial model to show how financially viable the project is now, they used 8$ MCF for gas prices. But if Trillion sells it for 30 or 32$ /MCF , that is a rate 4 times greater than their earlier financial model. Nobody saw gas that high back in January...nobody! Who knows how high share price goes? Trillion has not hedged any of their gas. So they get the high prices. 1 well becomes 4 wells. And Trillion's expenses are not any greater...it is such an extreme example of having high margins. So here's hoping Trillion can sell their gas north of 30$. Who knows how high share price will be then??
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