Trillion Energy International Inc. C.TCF

TCF SEES BIG INCREASE IN RESERVES AS IT ENTERS PRODUCTION...

[Humanist]

by @thenewswire on 30 Mar 2023, 12:22

Trillion Energy sees big increase in reserves as company enters production at two more gas wells

    

(NewsDirect)

Trillion Energy CEO Arthur Halleran joined Steve Darling from Proactive to share details of a third party report summarizing its 2022 year-end reserves.

Halleran tells Proactive the net present value (NPV) of proved reserves increased by over 200% to $123.8 million and the NPV of proved and probable P2 natural gas reserves increased over 400% to $432 million.

Halleran also shared with Proactive flow test results for the West Akcakoca-1 and Guluc-2 natural gas wells at the SASB gas field, offshore Turkey.

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[CLOUDER]

A revised reserve estemate this will be updated this week or next to include the gulac i think.  This could be a catalist for a rize in share price to.