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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 Feb 12, 2024 10:09am
150 Views
Post# 35875328

RE:RE:Gas at $1.85 with downturn momentum

RE:RE:Gas at $1.85 with downturn momentum Go review last update...It appears they have problems with all the their wells. They ordered Pumps, well heads, new well tubing and those artificial lifts for all these 6 drilled wells and for the 2 new legacy wells anticipated to be completed in late 2nd quarter. They have no current production and no revenues in my opinion. No guarantee they can get these wells back to their initial test flow rates. They continue to reenforce their GUIDANCE over and over on flow rates for year end 2024. TCF has major problems...CEO is in damage control...and will continue with his rhetoric of his GUIDANCE on gas flow rates to be brought on line and sold..BIG IF!!!!..TCF is done...no way anyone will come to this play and do an equity or debt finance here of any kind..Not currently, in my opinion and I dont see it happening any time soon...Dont be fooled by their guidance and future vision. You can forget about that on-shore oil earn-in agreement. Just my Opinion...seen these plays far to many times. Encourage due diligence on this company..to many retail investors have lost money during the last 2 years and incurred major losses Im sure...Be careful!!!!!
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