Trillion Energy International Inc. C.TCF

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

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.

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Trillion Energy International Inc. > Strategy

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Comment by TheCardinalon Aug 02, 2023 12:51pm

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Post# 35569287

RE:Strategy

You've got it just about exactly right. Remember:
This is not Art's first rodeo.

Fredo51545 wrote: The abrupt change in strategy lengthens timelines. Bad. Allows TCF to accumulate $25 mil+/- of cash by year end. Good. Gives company the opportunity to drill for much larger reserve targets on the on the
onshoe farmin acreage and on the SASB acreage away from the platforms. Also good. Probably avoids the necessity for another equity cap raise. Good.

In my view, this strategy change has positive LONG term implications, but short term, takes away any upside from a continuation of the current drilling program. I think Art surmised that the current strategy was incapable of moving the needle on the stock price and wants to add some material upside for his drilling dollars.