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Trillion Energy International Inc. C.TCF

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

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 14, 2024 11:21am
119 Views
Post# 35879794

RE:Nat gas $1.65 and in downturn momentum

RE:Nat gas $1.65 and in downturn momentum Maybe so MONEY...may happen...but my view is, not for long. At these prices it is non-sustainable. This is Short term lows in my opinion. Eventually will raise higher and go to over $2.75 at least where it should be....Producers needs to cover their costs..if not, they will stop producing much gas needed and cause supply issues..then markets turns and prices in the lack of supplies. This is short term lows,..for how long, anyones guess...especially if we get in a recessionary evironment ..then markets look to over supply and could bring lower prices..for sure...Lets see what happens..My take is, these are 25 year lows..if you are an investor in energy...then, I recommend you buy NATGAS ETF at these lows and just wait..in the next 12+ months I expect NATGAS to go over $4 dollars and stay there for a while..This is the sum what average of NATGAS ,,,over the last 20 years...Highs of over $15 dollars and lows where we are today...these lows are buying opportunities..As they say "BUY LOW and SELL HIGH"...Good Luck....
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