Trillion Energy International Inc. C.TCF

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

Energy Oil & Gas Drilling

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.

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Trillion Energy International Inc.

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Post by Guytoruleon Nov 07, 2024 10:56am

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Post# 36301063

Full Interview with CEO on Nov.5th2004

Here is full paid interview presentation...

CEO clearly stated maximum monthly revenues for all recompleted wells with VS installation will be around $1.8 to $2 million dollars / month. Assuming BOTAS pricing stays at $10mcf, and obviously decline with a drop in gas prices from BOTAS. Keep in mind, there monthly expenses are over $1.2 million/month, not including the $15mm debt interest costs. Expenses on G&A and the huge $15mm debt should be a serious concern. Revenues are not in line with company monthly expenses and posses a problem on the net profit results , and thereby will not attract new investors, in my opinion. Food for thought!!!