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Trillion Energy
   CSE: TCF – OTC: TRLEF

Developing Natural Gas In The Black Sea
Exploring Crude Oil in Turkiye
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Bullboard - Investor Discussion Forum 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... see more

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Post by Franschoek on Nov 01, 2022 4:22pm

Check my math

At 13$/mcf which I think is average this winter, the first well pays 50k/day, Tcf share of revenue.
The rig costs 3 million a month?  It looks to me like Tcf will still have 12 to 15 million in the bank at the end of this drill program and be throwing significant free cash flow.  Enjoy the ride
Comment by Buyreallow on Nov 01, 2022 4:31pm
Natural gas prices in Turkey lately have exceeded US$ 30 per mcf.
Comment by windymayor1 on Nov 01, 2022 5:18pm
They r all cashed up for the full 7 well program so by the time it's completed  you can x that $50k/d x 375 days x 7 and there is your net net annualized  CF by next spring. At a very low $13/mcf as you state.  Newman at Research Capital , as is Arthur,  is  using $18US/mcf for a 2023 average price.  You are very conservative but then probably so is Newman ...more  
Comment by goldboyz2 on Nov 01, 2022 5:29pm
$50kx7=350k/day $350kx30 days=$10,500,000/month $10,500,000 x 12= $126,000,000/year Big numbers if anything close to that 7 well program with similiar numbers/flow rates GB
Comment by itwillgo1 on Nov 01, 2022 6:03pm
Earn 50,000 a day and the rig costs 90,000 a day I'm no genius that isn't what you call making money.
Comment by lastpick on Nov 01, 2022 7:29pm
I will take a crack at this: Revenue is 5MMCFD * $13/MCF = $65000/ day; 5MMCFD * $30/MCF = $150000/ day. Not sure what the net cash flow will be but they will need a few more wells to make good money. 
Comment by itwillgo1 on Nov 01, 2022 8:02pm
I'm not sure why everyone is so stoked when on September 12 the stock was trading at $.55. This was in anticipation of the first Wells production. Now this event has happened and it's $.47.
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The Top Line: Trillion's Progess and Future

Investment Opportunity

DEVELOPING CLEAN
NATURAL GAS



FUTURE EXPLORATION PROGRAM:
SASB
SIDETRACK WELLS



   
  2024 EXIT PRODUCTION   7
   MMCF/D
   

 

 


CSE: TCF – OTC: TRLEF


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Suite 700
838 West Hastings Street
Vancouver, BC V6C 0A6