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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

CSE:TCF - Post Discussion

Trillion Energy International Inc. > Al Thorsen - disappeared
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Post by gamaray on Aug 07, 2024 6:29pm

Al Thorsen - disappeared

Al says he resigned but TCF says he is retired due to health issues. I cant understand why they hide the truth? He came to fix the water problem but has gone even before the perforations. 

Check this email I have seen on CEO.CA. This is sent by Brian Park of TCF, finance guy. It seems Art does not have anything to say! 

https://cdn-ceo-ca.s3.amazonaws.com/1jb1g1p-IMG_4822.jpeg 

Art always said the gas is there but water is the problem to be solved first. if they know the solution what they waiting for?

Gas is flowing after the recent perforations as expected. Actually it seems 3 wells out of 4  flowing. But we have been in the same situation before right? Soon water will kill the flow. We have been told the solution is to install artificial list so why TCF expect us to celebrate the perforations if the crucial step is to set the velocity string? Why they are not working on the velocity string today? Why Al disappeared prior to artificial lift? Is there any technical problem they hide?
Comment by FishInTheWater on Aug 08, 2024 12:59am
you have the official responce from the company, what else do you need? seems like they parted ways on good terms if you read the news, they are actively solving the water problems and already fixed the flowrates for one platform 
Comment by mcnils on Aug 08, 2024 1:53am
Not to mention that TCF is in debt and has a CEO who doesn't give a damn about shareholder value, which unfortunately is what Trillion Energy International now stands for. He has also promised us to take TCF to the next level of the TSX Venture Exchange in Toronto through a stock split to protect the share price from manipulation. Perhaps someone who knows AH well could remind him of this ...more  
Comment by FishInTheWater on Aug 08, 2024 2:39am
what is this about? you would have to try hard to find an operating business that doesn't have a debt of some sort. And if you read the news releases properly, they also dedicated part of the recent PP to marketing and investor relations activities. My guess is to involve new shareholders after last year's PF blowout. And if you're so concerned with TCF creating more shareholder value ...more  
Comment by mcnils on Aug 08, 2024 8:55am
Art Halleran has made promises that he has not kept and the share price has plummeted accordingly. The market doesn't lie and Al Thorson has drawn his conclusions and disappeared from the website. The CEO did not make a statement about Al's disappearance to possibly cover up his miserable management style.
Comment by Guytorule on Aug 08, 2024 9:59am
Well said, McNils. All true and factual. Lets all review past activities in last 2 years and the truth is revealed. Execution by this company has failed and markets has priced it in , markets have spoken. Company has huge debt and very little cash left. Huge dilution created before and after that share consolidation which shock investors and was done at .30 cents , and here we now sit at .11 cents ...more  
Comment by mcnils on Aug 08, 2024 12:20pm
I don't want to insult the company, I just want to point out the facts. The man who calls himself CEO only keeps TCF going with the money of the small shareholders. The management is made up of friends and family who help themselves to company property in addition to his salary of $100k per month. Unfortunately, this is not in line with the performance of the CEO and management. When money ...more  
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DEVELOPING CLEAN
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CSE: TCF – OTC: TRLEF


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