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.

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Trillion Energy International Inc.

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Post by Karmanowon Aug 22, 2022 10:08pm

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Post# 34913116

"Europe's Gas Price is Now Equal To $400 Per Barrel Of Oil"

The article below puts things into perspective with just how much nat gas is worth ... although we will recieve record gas prices over the next 6 months and could be over the next year or so ... we have to ask if the market will give gas producers like Trillion a valuation ratio for elevated prices for nat gas ... or ... value Trillion with a ratio based on 5 year gas pricing projections like $$25 CAD? Or will the market consider cash flow as cash flow and apply the 10x cash flow ratio? time will tell ... unless someone here has experience will elevated pricing for product and the industry norm still applied as the ratio? The ratio applied usually for oil and gas free cash flow is multiplied x10 times / by the number of shares outstanding. Our peer, Touchstone is getting a 10x EPS or (Free Cash Flow) according to their website. The market should give Trillion an appropriate ratio based on our peers and industry norms... if not ... then ... 'share buy backs' are a good thing ... but also remember that Trillion passed a motion to allow for "stock-splitting" should the board find that our share price is not being priced appropriately and shareholders value would be is reducing the share pool to reflect the "real value" of the company's share price. Anything involving buy backs or stock splitting are not on the agends anytime soon ... but always to be considered ... and executed based on strict criterea.
Our pending free cash flow will fund the second Drilling Progtram we have planned for 2023.
Turkish Petroleum owns 51% of the SASB Project and would likely have something to say about a potential hostile take over attempt of Trillion. If we drill and hit on one of Art's Anomolies (Whales) ... then...all bets are off on what might happen? We would have a world class discovery and Turkey will likely increase its energy independance. It is estimated that the Tuna Pools could satisfy about 30% of Turkey's energy needs. I would estimate that a discovered whale near our block could increase Turkey's energy independance another 20% .... The majors may have a role to play with the development of the Whale but it would be Art at the helm determining the terms of such a deal. Their would be a huge cost for infrastructure and a need for a new processing plant on shore. I believe things would move quickly if we were to discover a "T"rillion Pool. Turkey will want the development moved forward to production as soon as possible. Remember, even as friendly as Turley is with Russia ... they appear to not get a discount on the Nat Gas they buy ...One graph showed that Turkey is paying $35 USD / mcf or $45 CAD / mcf ... you think they dont want their own gas supplies? These prices are not sustainable over the long term. Countries are developing and utilizing all sources of energy to battle this Crisis ...We are witnesses to Nat Gas being weaponized and many countries having to prepare for "a Winter from Hell" ... I am sure they are thinking ... never again ...I would be!

Europe’s Gas Price Is Now Equivalent To $410 Per Barrel Of Oil
(no it is not a typo) It shows how far out of range the ratio is ... over time it will come down ... long term no country can afford to pay for Nat Gas with this ratio to Oil ....
Editor OilPrice.comSat, August 20, 2022

The European gas benchmark now trades at what would be an equivalent of $410 per barrel of crude oil, which highlights "the debilitating economic impact on the region,"
Ole Hansen, Head of Commodity Strategy at Saxo Bank.German power prices, the European benchmark, jumping to over $508 (500 euro) per megawatt-hour on Tuesday—a new record...After a slump in early June due to the Freeport LNG force majeure, U.S. benchmark gas prices have rallied by 70% since the end of June, hitting this week their highest level at above $9.30 per million British thermal units (MMBtu). The European benchmark price in MMBtu equivalents is now nearly $70/MMBtu – roughly seven times higher than American benchmark prices.
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