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Trillion Energy International Inc. C.TCF

Alternate Symbol(s):  C.TCF.WT | TRLEF

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 shmenkarion Aug 28, 2022 8:10pm
223 Views
Post# 34925767

At the dock

At the dockWhy would Uranus not leave the dock? I have been trying to think of possible reasons and most are not very good but some are worse than others. 
  • Full pre-payment has not been received. Easy to rectifiy under most circumstance. It would likely be the 51% partner holding this up not Trillion.
  • Major defect found in the rig on final inspection. Not very likely but possible.
  • The majority partner does not want to start drilling as they want to buy out Trillions 49% at lower price before gas is flowing. Possible but you would hope Art would be contractually protected against such action.
  • Tow vehicles or crews are unavailable. This is very possible in these times.
  • Turkey is having unprecidented inflation, maybe they are going to nationalize gas and oil so they are not allowing this to start. Possible but very remote, Turkey is actively looking for foreighn investment. No money will flow in if they nationalize energy. 
There are other possible but I did not want to make this too big. I am long Trillion and still hope for the best. It is times like this that test your investing resolve. If we get information that would help otherwise a likely hard drop on Monday. Good luck all.
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