Trillion Energy International Inc. TRLEF

Wow!! Total mmcf/day declines in Production

[Guytorule]

Last July 30th, 2024 new released stated a total conbined flow of 7.3mmcf/day. this latest new release of today states total combined gas flowing of 4.6mmcf/day. The math here suggests that the flow rates on average combined total has declined. No mention of those velocity strings being installed and when, but certainly not currently.
Interesting they issue more massive options of 8.8 million to themselves...and CEO sold shares last on that August 9th. Gas certainly flowing , but at much lower flow rates then expected and puts more doubt on this block achieving those higher levels anticipated and talked about every time by CEO. Velocity strings are vital to sustain these current rates at least, and hope they are installed ASAP before those water load issues arise again. They should of given a time line for their installation. Why they didn't is a question mark..Markets certainly have not responsed to this news and remain FLAT.

[mcnils]

This post has been removed in accordance with Community Policy

[Guytorule]

Facts are that gas production has not inceased like their news releases state..they have drastically decreased from last reported #'s of November 2023 of over 14mmcf/day to current reported production of 4.6mmcf/day. They are misleading readers and making misleading statements with their news releases. Everyone acknowledges they are producing, but at much much lower rates per day and thus