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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

Comment by shmenkarion Oct 06, 2022 2:07am
134 Views
Post# 35008531

RE:RE:Smenkari ;

RE:RE:Smenkari ;I am not versed in corporate accounting but I am not sure that it is true about assets on the books only being accounted for on the basis of how much was paid. Values change due to many factors and what Trillion said in the past was the infrastructure can not be carried because without gas it has no value, you can not move the platforms and pipelines economically, but when they pump gas they now have market value, whatever that becomes and can carry them on the book. Again I am not saying you are wrong I am just saying that it seems Trillion believes they can carry these assets on the books (much higher than they paid for them) at market value when gas flows. But it would be a great question for clairification from Trillion. 
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