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Trillion Energy International Inc. C.TCF

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

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

Post by jermiah777on Aug 02, 2022 7:39pm
240 Views
Post# 34867000

Interview with CEO

Interview with CEOSo on you-tube their is an interview with CEO that is 2 months old where he breaks down how much each well brings in. So if gas is 21$ when first well is brought on, then using conservative numbers for volume the well puts out, it will bring in 1.8 million US per month. So that is 2.3 million Canadian per month or 28 million per year. So 4 wells by January means a cash flow of 112 million Canadian per year. But if gas prices are 50% higher at 30-32, then 4 wells is a cash flow of 167000000 per year. 167 million....just 4 wells with gas at 31$ /MCF. Remember...the margins will be extreme...costs to produce this gas are not any different at 8MCF vs 31 MCF. The 23$ / MCF more that Trillion can sell their gas costs them no more to produce the gas at this high price than selling at 8. The 23 is pure profit. So that's only 4 wells by dec/Jan. But they have many other drill locations lined up. So with these extremely high margins...it's anyone's guess how high investor community will take the share price
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