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Trillion Energy International Inc. C.TCF

Alternate Symbol(s):  TRLEF | C.TCF.W

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 23, 2022 7:38pm
132 Views
Post# 34915730

RE:$$$ ;

RE:$$$ ;Okay Rockit....here is the reason the costs to produce are so cheap Only 1 or 2 US / MCF. BUT THEY CAN SELL FOR 21 and in 3 months they can sell for 28 US/MCF. It costs them 2 but they sell for 28 and keep 26. The MARGINS of profit and cash flow are out of this world. The REASON! Years ago...Trillion spent all this money to pay for all infrastructure and drilling for wells ! Like most companies they raised the money through a number of financings and got everything done and built and confirmed all these gas fields and even drilled 4 of them. But then the price of Gas went as low as 8 Euros/MWH. or 2 1/2 US / MCF. IN OTHER WORDS. the price of Gas went so low that their was no money in it So the whole operation was put in HIBERNATION...OR ON IDLE...STANDBY. WAITING until gas prices rose. When they rose to above 7 US/ MCF for a whole year, NOW TRILLION is back in business. They came out of hibernation. At 7 , it costs them 2 / MCF to produce but they keep 5. Pretty good. But no one saw in their wildest dreams a price of 21 or 28 US/MCF coming. So that is the reason their are so many shares. They had quite a few financings needed to develop everything they did. So the shareholders of years ago...back in 2010 to 2017...the ones who participated in the financing...their money got everything paid for and built. I so hope these shareholders stayed around until now so they can finally be rewarded for loyally holding Trillion Shares all this time. But us new investors who just bought in recently, we get to benefit from Trillion's hundreds of millions of dollars from original investors they put in to building everything..and we didn't have to wait 12 long years. In some ways in doesn't seem fair to the original shareholders...but that is how the crazy stockmarket works. So we come along and buy right at the perfect time. And Trillion has a perfect storm for success come upon it.
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