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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 Polar4on May 30, 2023 8:49am
187 Views
Post# 35469936

RE:Positive Net Income .01 Per Share

RE:Positive Net Income .01 Per ShareNet loss decreased for the three months ended March 31, 2023, by $4,043,349 compared to the three months ended December 31, 2022, from a new loss of $1,771.950 to a net income of $2,271,399. The change is primarily due to an impairment charge of $3,101,343 recognized in Q4 of 2022 on the disposal of the Bulgaria license and to an increase in revenues during the quarter due to production increase at the SASB gas fields.
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