Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 schmidilein2713on Feb 19, 2023 7:43am
262 Views
Post# 35294145

costs and revenues in US$

costs and revenues in US$Costs per drill for Trillion are round about 4,3 Mio as mentioned in the Schlumberger news release in Feb.2022

So rig&Schlumberger-team round about 30 Mio for programm A.

Revenues till end of March:
November: 1,2 Mio.
Dezember: 2,3 Mio( 30.-/mcf)
January: app. 2 Mio (27.-/mcf)
February: app.1,6 Mio (22.-/mcf)
March: I estmste 1,4-1,5 Mio ( 20.-/mcf)

So totally about 8,5 Mio.

April& May: should bring app. 3 Mio each month at a Botas gasprice around 20.-/mcf- we will see!

But at the end of March still 3 drills to drill & missing to finalize programm A. How should this work till June?
I expect 10 months in total for programm A( middle of Sept 22 till middle of July). So costs of 45 Mio for Trillion. But revenue stream allready should carry the costs.

So first real milestone I expect finishing programm A- this is fully derisking the whole exploration programm.

Second milestone: A big hit, or let say a remarkable input for gas reserves which at the moment are only round about 40 bcf, which will last only for some years.
 


<< Previous
Bullboard Posts
Next >>