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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 Guytoruleon Nov 06, 2024 2:20pm
50 Views
Post# 36299352

RE:RE:TCF.C update on well

RE:RE:TCF.C update on wellIt's going to take alot more then improved minor increases in flow rates...BOTAS gas prices only declining month after month, meaning much reduced revenues coming in. Not enough to cover their monthly G&A on going expenses, including their massive debt servicing costs. This SASB field is not economically viable nor worth any future valuation. This will not attract investor interest, in my opinion. It is what it is, this company had its movement and retraced back to its roots to where it started and at its all time low. Sell off only continues as we can all see each day and will end up eventually on life support and liquidity drying up with share price declining even further and by year end make new lows unfortunately...company goes stagnate and investors bail out slowly each and ever day. These penny stocks actions, events and moves are nothing new, it's a typical occurrence in the market. Not a good sign!!!
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