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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 schmidilein2713on Aug 06, 2023 11:14am
174 Views
Post# 35575381

status quo and forecast

status quo and forecastActually I'm totally out here, but never say never...

1. Gasproduction around 14 Mcf with 3 wells, 2 other will also come online again- but when? how much will the flowrate be then? will it be stable? when to reperforate again? What's about the issues with compressors, water in wells,......will they be able to recalibrate the production? Nobody knows..

2. Oil- farm-in: A lot could be, but nothing for sure, the same for Bulgarian play. We'll se next year.

3. Financials: Let's wait for the next quarter figures. 
For sure all the saved money will be re-invested till middle/end 2024. 

4. Gasprice: plays not a big role till we start drilling again( next year)

5. Cooperation with big partner: A lot of phantasy, but nothing to valuate now

5. Conclusio: Currently Trillion is fairly priced, but I see currently no upside potential. I keep it on my radar.



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