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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 jermiah777on Nov 02, 2022 1:50am
784 Views
Post# 35065290

TRILLION's Near Future

TRILLION's Near FutureThis article with its quotes from Art was from last year. But it is even MORE relevant now. Read it twice...carefully if your not sure if you should be long with Trillion. Trillion Energys SASB gas field is located just 100km south of the largest gas discovery in 30 years in Europe (14 TCF) and is the only nearology play in the region. Art has said that only a 1 TCF discovery would move Trillion from a penny stock to a $10+ stock quickly. Art stated, so on our [license] block, were going to be looking for deeper potential because we have the same source rocks [as the 14 TCF discovery]. And the idea is we have to look for the reservoir rocks, but at the same time now, we are going to apply for a technical evaluation permit for maybe a hundred thousand hectares. And what that does is gives us the ability to take a large piece of land around a block and do geological studies to evaluate for similar type prospects that we have on our block, but also for deeper and different type of deposits that potentially could be a lot larger. Trillion Energy will also be drilling next year its oil exploration license in southern Turkey in pursuit of a billion-plus dollar payday. Art pointed out that because they are in Turkey not Iraq they are in a safe location and their cost of drilling is about 1/6 the cost south of the border. Yet Trillion benefits from the same geology that has produced billions of dollars of oil wealth south of the border: We have the same geology. We have the same reservoirs, the same source rocks. We have oil seeps that the oil has been tested, which is identical to the oil thats produced in northern Iraq. And we have a location there thats defined by seismic. We own it one hundred percent. We have a large landholding and we are drill-ready. And its an exploration location and if we hit even a small field compared to what we see south of the border, our shares are multiples of $10 value, right? Because youre talking fifty million barrels recoverable, a hundred million barrels recoverable. With a hundred million barrels well have a market cap value of basically $4 to $5 billion.
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