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Trillion Energy
CSE: TCF – OTC: TRELF

Developing Natural Gas In The Black Sea
Exploring Crude Oil in Turkiye

Invest Now
 

Bullboard - Investor Discussion Forum 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... see more

CSE:TCF - Post Discussion

Trillion Energy International Inc. > Or, perhaps...........
View:
Post by TheCardinal on Jul 18, 2023 12:58pm

Or, perhaps...........

Vranino ?   Supposedly, according to the most recent 
MD&A, they decided to dispose of it in late 2022. 

Pages 6  - 7 "Bulgaria Licence" 
"Bulgaria license
In October of 2010, the Company was awarded an exploration permit for the “Vranino 1-11 Block”, a 98,205 acre
oil and gas exploration land located in Dobrudja Basin, Bulgaria, by the Bulgarian Counsel of Ministers. On April 1,
2014, the Company entered into an Agreement for Crude Oil and Natural Gas Prospecting and Exploration in the
Vranino 1-11 Block with the Ministry of Economy and Energy of Bulgaria (the “License Agreement”). The initial
term of the License Agreement is five years. This five-year period will commence once the Bulgarian regulatory
7
authorities approve of the Company’s work programs for the permit area and the Company completes an
environmental impact assessment (“EIA”). The License Agreement (or applicable legislation) provides for possible
extension periods for up to five additional years during the exploration phase, as well as the conversion of the
License Agreement to an exploitation concession, which can last for up to 35 years. Under the License Agreement,
the Company will submit a yearly work program that is subject to the approval of the Bulgarian regulatory
authorities.
During the fall of 2022, the Company consulted with local counsel and an environmental consultant but was unable
to determine whether it would be able to obtain the license. In October and November 2022, management made
repeated efforts to obtain a visa to visit Bulgaria and seek clarification on the status of the license, however the visa
applications were declined. The Company thus determined it would dispose of the Bulgaria property during the year
ended December 31, 2022."

But.... but... but.... it's still on the website under "Projects". 
and they surely must be aware of this, as prompt as they are 
about things such as News Releases and generally giving the
website a "fresh, new look" with regularity. 

Vranino would be a natural JV with Bulgaria, who undoubtedly 
notices the smoothly-working deal Trillion has with Turkiye, and
who would presumably like to see that coal-bed gas get produced
for Bulgaria's benefit.
Comment by Maxmoe on Jul 19, 2023 1:09am
I prefer your first supposition. More property and or big boy partner. There is enough political risk without going into Bulgaria. I'd have doubts about the current and even more so, future regimes honoring any contracts. 
Comment by gladiatoro on Jul 19, 2023 9:05am
We don't need other plays...20 gas wells will be in FULL production within 1.5 years...every 50 days or so a NEW natural gas well is tapped and selling to the market....this is a 10 X to 20X play within a 2 year time frame...growing company  = superb company....6 for 6 now with cross drilling technology...the natural gas is CERTAINLY there.
Comment by TheCardinal on Jul 19, 2023 9:33am
That's quite a jaded view for someone whose avatar says "Fortune favours the brave". The success of Plan A is a foregone conclusion.  It's already time to start looking beyond Plan A, and even Plan B .   I'm really looking forward to whatever Art's got up his sleeve. As a matter of fact .........  I would love to hear about another round of financing! ...more  
Comment by Maxmoe on Jul 19, 2023 10:01am
The daily trading has even convinced me, the perennial anti conspiracy theorist, that someone is screwing with the stock despite it being doomed to fail as the drill results just keep rolling in. Way too many days to be coincidence the stock gets temporarily whacked at end of day in attempt to walk it down. It's invariably followed by a early morning pop as the seller disappears until the end ...more  
Comment by gladiatoro on Jul 19, 2023 11:19am
Day trading will end once the shorts loose their short selling permanently...a stellar report from well 6 next week will get the ball moving in the right direction....remember companies are all about PROFIT PROFIT PROFIT...and Trillion energy is delivering it...daily weekly monthly...more and more...
Comment by Fishercat1 on Jul 19, 2023 10:10am
Yes a worthwhile purpose . Agreed Cardinal. Here is a good example of money(PP) put to good use . Exxon Mobile. Float 4.06 BILLION and huge $$ in  Nat/Gas sales  . Oh !!!!!! . Then we have the sp . Right smart money . $101.78 0.86 |  0.850%
Comment by gladiatoro on Jul 19, 2023 11:11am
Well plan B would be a BONUS like you said if it's worth while endeavor...we will see...right now the company is doing spectacular...each well is hitting BIG...6 out of 6 is amazing...
Comment by gladiatoro on Jul 19, 2023 11:23am
Remember Turkey still imports 90% of it's natural gas...in other words Trillion energy will NEVER be able to produce enough natural gas to meet demand...NEVER EVER...the rest of Europe is in the same boat....
Comment by gladiatoro on Jul 19, 2023 11:33am
On July 16, 2023, Alapli 2 reached 3,258 metres total measured depth (TMD) and discovered abundant gas pay.    Analysis of the gas measurements in the mud logging results for the Alapli 2 gas well suggests +40 metres of potential natural gas pay within 6 separate sands in the Akcakoca Member.   The initial perforation intervals are currently being selected to bring the well ...more  
Comment by Maxmoe on Jul 20, 2023 10:45am
Interesting statistic IF it's true. Where did you get this 90% from? What is the daily/monthly/annual use of nat gas domestically in turkey and where does that supply come from? What is the supply breakdown by LNG, domestic production, or existing pipelines from neighbors? Is there spare capacity for imports? How much comes from Russia?  Etc etc
Comment by TheCardinal on Jul 20, 2023 11:07am
Might have come from here https://www.energymonitor.ai/policy/russias-war-in-ukraine-inspires-turkish-gas-dreams/ which actually cites it as 98%  imported  Which makes Trillion all the more valuable not  only to Turkiye but anyone wanting A Piece of  The Action in Turkiye. 
Comment by Maxmoe on Jul 20, 2023 12:51pm
Yeah, thanks for that article. It doesn't paint a nice picture for turkey but it sure makes TCF look better to me. No way the government will do anything to discourage Tcf or any other investor from investing in domestic production. They basically have none. And are extremely dependent on, of all places, Russia, for ALL their energy needs. I was surprised to read turkey imports more fossil ...more  
Comment by Maxmoe on Jul 20, 2023 1:30pm
Pin the partner on the press release anybody?  Uniper  German Equinor Norway Eni.        Italy  Total.       France Gazprom.   Yikes!   
Comment by TheCardinal on Jul 20, 2023 4:42pm
Good work, Max.  The #1 Suspect from that list  is Eni, out of Italy.  Revenue : 132 billion Euro, which in US$ is about  $118 billion, so that "fits" with the " > $100 billion" description.  Uniper and Equinor are too small, Total is too big, Gazprom... doubtful unless they're doing it through a "stalking horse".  Bulgaria isn ...more  
Comment by Maxmoe on Jul 20, 2023 5:06pm
Yeah Eni would be my first choice. I bought it 6 months ago. It could use a boost. Uniper is about double the size of Eni but they actually considered an LNG port in Cape Breton, so no. Equinor is about the same size as Eni but they sold their control block in ATH at 18 frickin cents. morons caved to ESG pressure. So, no. Though Eni , very likely did something equally stupid, I haven't ...more  
Comment by windymayor1 on Jul 19, 2023 1:22pm
No mention yet on well location #7. Maybe that's part of the detailed news coming?
Comment by Tyeehunter on Jul 19, 2023 10:04am
The dropping gas prices in the EU and NA are troubling. The EU has so much renweable power now they have had negative electricity prices this summer. US is pumping gas like crazy and storage in US and EU is very high going into winter by hisorical standards.  In all honesty another mild winter, which is possible and the price of gas drifts slowly lower for a year or more.  That does ...more  
Comment by gladiatoro on Jul 19, 2023 11:15am
Don't expect another mild winter....also gas prices right now are enough for Trillion energy to make LOTS of profit....Europe in reality is STARVING for energy....that's won't change...alternative energy is not going to fill the gap by a long shot.
Comment by TheLandedEagles on Jul 20, 2023 2:34pm
I agree....Go long LNG...Natural Gas, U.S. is filling their needs....U.S. Natural Gas going higher, they are the  biggest supplier of  LNG to Europe , your investment in GAS is correct....BUY  domestic Natural Gas futures.....I trade HNU....Im long on this as well.   NATURAL GAS will be big, here in North America... not so there in Europe with prices, in my opinion.....U.S ...more  
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The Top Line: Trillion's Progess and Future

Investment Opportunity

DEVELOPING CLEAN
NATURAL GAS



FUTURE EXPLORATION PROGRAM:
THREE OIL BLOCKS
Exploration Starts
2024



   
2024 EXIT PRODUCTION   13,7
12 GAS WELLS MMCF/D
   

 

 


CSE: TCF – OTC: TRLED

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