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Trillion Energy International Inc. TRLEF


Primary Symbol: C.TCF Alternate Symbol(s):  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 Guytoruleon Aug 26, 2024 4:57pm
65 Views
Post# 36196686

RE:RE:RE:oil

RE:RE:RE:oilClouder..market cap is only $18 million currently, that oil field is probably already lost as we don't know if they completed 2023 initial expense phase of commitment to spend that $3 or $4 million on those 2D seimics. Then the 2nd 2024 phase they must spend $12 Million (U.S) dollars and drill 4 wells. Here we are approaching September and no way they have this $12 Million to refulfill that agreement. So, to this end, that oil exporation field is "DEAD" period and is a non-event and should be removed from their web-site in my opinion. No chance them fullfilling their obligations under that contract. The only thing they presently have is the success with those velocity strings (Tubing) and if not done in time, the water-load problems resurfaces and if installed, you better pray they work and sustainable long term gas flows are produced. IF NOT, ...TCF is out of business and share price go to ZERO. Thats the reality here and the RISK. 
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