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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

Post by mcnilson Aug 21, 2023 4:28am
298 Views
Post# 35597384

The challenge regarding pressure

The challenge regarding pressureThe challenge regarding pressure was discussed months ago. The quick and easy solution will not be there, otherwise it would already be installed. The fact is that the onshore processing plant is the bottleneck of programm A.
 
What can be done now is to extract the maximum from 2-3 wells. If the flow rates of individual producing wells decline, they will have to be replaced by shut-in wells. Thus, the drilling costs for the remaining wells would not be entirely wasted. Doubling the flow rate, as Art mentions in the video, is risky because the onshore system was never designed for it and the price for a system that can withstand new North American drilling technology is too high.
 
The market has recognised the critical situation and the share price has reacted accordingly in recent days. Trillion's current information policy could now contribute to the share price ending in a downward spiral. Sober TCF news about the global situation on the gas and oil markets, which are supposed to make the Trillion oil project in the elephant environment palatable, do not help at the moment.
 
If you look at the insider sales, which stupid small investors will never understand, they could soon be considered insider trading in relation to the decline of the share price. When will Trillion Energy once again bring itself to report the news that strengthens the share price to ordinary small investors, institutional investors and the big market?
 
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