Trillion Energy International Inc. C.TCF

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[Rockit2]

If someone has done the math on what they're going to be producing after the first well based on $20.00 per mcf I'd appreciate it . Thks

[windymayor1]

$14mm/year on 2 mmcf/d net to TCF from this first well.  I take it the $20/mcf is their netback not revenues as BOTAS price is higher.   Anyone else care to weigh in?   

[Goldy63]

Oh wowsa . Beauty news and only the first well yippee and yup its going to get cold fast so prices will boom . Love it baby. 

[Investnowplease]

Making the assumption your not taking into account depletion and assuming a 2 mmcf/day net to TRillion for the year.  Word of caution.  I dont think that rate is sustainable for the year, plus the test does not mention If its a restricted rate or open rate. I would doubt that the rate tested is the producing rate plus take into account reservoir drawdown over a year.  never the

[windymayor1]

Fair enough. 7-8mm on test press released so far. Arthur did mention they expected to produce 4-4.5mmcf/d total hence the 2mm net, There is also another zone that they expect to perf after declines so other zones to produce from in the future.  So far Arthur is bang on with his technical judgement so I will use those till things change downhole.  I believe Newman's $1.35 target is

[Investnowplease]

Lets hope. I like reality vs pumping incorrect expectations 

[goldboyz2]

Great close, not the 50 cents I thought. Nonetheless the rest of the week should be interesting.  Eyes are on this GB

[goldboyz2]

Up 5 cents on the day which is pretty good. Volume seems to be intense and i imgine end of day should see above 50 cents. Winter is coming along with the artic air like many have said ! This could be hugeeeeeeeee GB