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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

Post by IgnacioCashmereon Dec 27, 2022 10:30am
310 Views
Post# 35192363

TTF price

TTF priceThe TTF price has deflated like a pierced balloon to the mid 80's. Art was right in telling us expect $18 mcf, as we are now looking at low 20's for our price going forward. We will need more successful wells producing to break beyond the ATH. Traders will be pushing our price down in the mean time. I'm in for 17 wells, not 2 or 4. We are still highly profitable at $10 mcf. Demand destruction  was bound to occur eventually for European natural gas, & we see the early stage of it now.
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