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Trillion Energy International Inc. C.TCF

Alternate Symbol(s):  C.TCF.WT | TRLEF

Energy Oil & Gas Drilling
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

Trillion Energy International Inc. > SO, the gas price
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Comment by john899on Apr 16, 2023 11:42pm
164 Views
Post# 35397792

RE:RE:RE:RE:SO, the gas price

RE:RE:RE:RE:SO, the gas price
Actually those figures should be more than double:

Current contract is $15/Mcf instead of 12. 

Flow rates rates are about double what you assumed (seems you used net to Trillion figures as if they were gross) and they are currently restricted until they have 5-7 wells online when they'll  be able to allow wells to flow at maximum capacity

Also Trillion has huge tax pools so they'll pay no taxes for now


source for current contract
https://trillionenergy.com/sasb/

source for current flow restrictions
https://www.youtube.com/watch?v=-LkS_hw2z5E&t=140s


sources for restricted initial flow rates for first 4 wells:
https://ceo.ca/@GlobeNewswire/trillion-energy-announces-successful-flow-test-results
https://ceo.ca/@GlobeNewswire/trillion-energy-announces-flow-test-results-for-akcakoca-3
https://ceo.ca/@globenewswire/trillion-energys-guluc-2-well-tests-1635-mmcfday
https://ceo.ca/@GlobeNewswire/trillion-energys-west-akcakoca-well-enters-production
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