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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 IgnacioCashmereon Dec 13, 2022 12:46pm
196 Views
Post# 35168808

RE:MKT on fire and we're standing still or drifting ! why?

RE:MKT on fire and we're standing still or drifting ! why? The first two wells cover expenses, drilling & G&A. Each additional well will be pure profit after royalty & taxes. In Oil & Gas, share price is based on the Now not Tomorrow in my experience. So right now, they are not banking big profits. Dec 20 is our first check from SASB, that is proof of concept. The next catalyst will be each successive producing well. I expect a $0.07 - 0.14 USD gain for each successful well. This is a known field with low probability of failure. Nevertheless, the market will not give us a better price until proof is at the purchase point. Traders & flippers are sweating the flow rates & technical difficulties. Investors see the big picture. My forecast is $1.40 Q3 2023 & $2 2024. That is a huge gain by any metric. They will have problems, delays, & technical challenges, that is normal for a natural resource extractor. If you are am investor, the risk to reward ratio on this is as good as can be found.
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