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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 TheLandedEagleson Oct 28, 2023 8:14am
241 Views
Post# 35705492

RE:Bottom?

RE:Bottom?To help to determine that and answer your question...CEO needs to provide a current update again ASAP.. Tell investors where they stand on those 3 wells and whether they solved those problems and are they now producing and if not, WHEN. Also, status of the other 3 producing wells and whether those are still producing and release their current daily flow rates. Then provide current BOTAS prices being paid to them and their current monthly revenues coming in....,along with their current cash position. Explain to shareholders how they plan on funding the large CapX required on both the SASB gas field and their new on shore oil exploration field and whether a financing is feasible whether a equity raise or another debt financing is even possible...Then you can help yourselves and determine a possible bottom...Hard to do it now.. not knowing state of current affairs in its operation. Then you must consider the effect..RISK with TCF being in a WAR area....on both fronts and for how long....Bottom is undetermined...and question the viability of this company going forward. Just my opinion.
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