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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

Comment by windymayor1on Nov 06, 2022 1:08pm
136 Views
Post# 35077344

RE:Windymayor ;

RE:Windymayor ;Its all about cost.
The current funds are specifically allocated for the Phase 1 7 well drill program.
A 3D seismic onshore shoot could cost $20k/km. I would expect an off-shore 3D would be higher.
TCF and its partner may not have the capital to start a shoot till the middle of the phase 2 10 well program.
Then the shoot will take several months so we wouldn't see any results of new 3D till well into 2024,
 
I am patient as in 2 years the company will be at peak production from the 17 wells and will then have immense cashflows for this next catalyst of exploration block drilling to take it to the next level.
The future is looking extremely bright. 
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