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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 Fredo51545on Oct 30, 2023 11:51am
302 Views
Post# 35707334

SASB

SASBWell performance looks better than I thought at about 3.5 m2 cf/da per well. Two wells left to finish could boost volume to 20-21 m2 cf/da, 10m2 cf/da net to Trillion. At US $12.33, that's $3.7 mm of monthly revenue. Is it enough to avoid a cap raise? MC is US $15 million at the low today. I have been buying. Had an 88% loss vs average cost at today's lows so hey, my advice ain't so hot.
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