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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 Maxmoeon Mar 29, 2023 11:20am
98 Views
Post# 35366927

RE:RE:Mcf to Boe

RE:RE:Mcf to BoeBy the way, and FYI, this is why I'm not keen on alberta gas producers right now. In their case they are selling gas at lower than the 6:1 energy equivalent. If you are selling nat gas at $2.50 USD per mcf, that's the equivalent of selling wti at $15 USD ! That sucks! The economic equivalent of selling $WTI at say $75 USD and Henry hub gas at $2.50 is 30 times !!!!  Oil is currently priced at 5X the energy equivalent. So don't use 6:1 here in USA or Canada. Selling it as LNG shipments , gets close, and that's not a coincidence. At $75 USD WTI, the 6:1 equivalence would have to be $12.50 per mcf. Net of all the extra costs to create,ship LNG. 
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