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Trillion Energy International Inc. is an oil and energy company based in Vancouver, Canada. The company's focus is on increasing reserves through new drillings and optimizing production through artificial lift and tubing size. With a strong commitment to monetizing reserves, Trillion has seen a net reserves value gain despite settling prices. The company's 49% interest in various properties has shown a positive trend in the year-end reserve report for 2023, demonstrating growth and stability in its operations.
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Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) completes 3D seismic reprocessing for SASB gas field, revealing significant improvements in seismic technology and uncovering new gas prospects. CEO Arthur Halleran expresses excitement over the transformative breakthrough.
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Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) appoints Jay Park KC, a renowned energy lawyer with extensive experience in oil and gas transactions, to its board of directors. The company also announces the resignation and retirement of Dr. Barry Wood, who has contributed to the company with his international geological expertise.
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Trillion Energy International Inc. (TCF) provides an operational update for the SASB gas field, including plans to boost production from existing wells and implement artificial lift solutions to curtail water loading issues. The company is holding a workshop in Ankara, Turkey to discuss the 2024 work program, with the goal of bringing on production from 5 additional wells next year.
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Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) (FSE: Z62) Announces Pricing of $10 Million Public Offering
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Trillion Energy International Inc. has provided an update on its three well perforation program at the SASB gas field. Two out of the three well operations have been completed, resulting in a total combined production rate of 14.4 MMcf/d. Natural gas sale prices for October are USD $12.33/mcf. The work program is expected to be completed later this week.
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Trillion Energy International Inc. announces the commencement of an oil exploration seismic program in the Cudi-Gabar oil farm-in blocks. Acquisition of 2D seismic data will begin in mid-November and conclude in December 2023. The program is critically important for the M47 Block and is in close proximity to recently discovered oil fields. A second seismic acquisition program is planned for 2024.
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Trillion Energy International Inc. announces consolidation of common shares and conditional approval for listing on TSXV
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Trillion Energy International Inc. announces financial results for Q2 2023 and operational update on increasing production from SASB gas wells.
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Trillion Energy International Inc. announces positive flow test results from the Alapli-2 well and provides an update on future drilling programs at the SASB gas field in Turkiye. The well has 32 metres of total gas pay, 22.7 metres thicker than the offset well. A combined flow rate of 11.9 MMcf/d was obtained. Trillion will focus on field analysis, 3D seismic re-processing, and organizing the next drilling phase to maximize returns. Rig contract negotiations for the 2024 drilling program are underway. The company aims to maximize gas production and build a material cash balance for other ventures.
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Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) has entered a farm-in agreement with Derkim Poliüretan Sanayi ve Ticaret A.S. to earn a 50% working & revenue interest in three oil exploration blocks within the newly defined Cudi-Gabar petroleum province, Southeastern Turkiye. The Cudi-Gabar province is central to an active petroleum system extending up from Iraq and Syria. The Eastern Block, proximate to recent discoveries, is approximately 15 km by 30 km in size and is 12km from the newly discovered Sehit Aybuke Yalcin Oil Field at Mount Gabar. The Sehit Aybuke Yalcin Oil Field currently produces 10,000 barrels of oil per day and is targeted to rise to 100,000 bopd. The Sehit Esma Cevik Oil Field contains a reported 250 million barrels OOIP. The Sehit Esma Cevik Oil Field discovery was announced in December 2022 at which time 5 wells were producing 5,350 bopd.
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FAQ
What is the current stock price of TRILLION ENERGY INTL (TRLEF)?
The current stock price of TRILLION ENERGY INTL (TRLEF) is $0.04 as of January 29, 2025.
What is the market cap of TRILLION ENERGY INTL (TRLEF)?
The market cap of TRILLION ENERGY INTL (TRLEF) is approximately 6.8M.
Where is Trillion Energy International Inc. located?
Trillion Energy International Inc. is based in Vancouver, Canada.
What is the primary focus of Trillion Energy International Inc.?
The company's focus is on increasing reserves through new drillings and optimizing production through artificial lift and tubing size.
How has Trillion Energy International Inc. performed in terms of reserves in 2023?
Despite settling prices, Trillion has seen a net reserves value gain and a positive trend in its 49% interest in various properties.
What is the strategy for monetizing reserves at Trillion Energy International Inc.?
Trillion is committed to optimizing production through artificial lift and tubing size to monetize reserves effectively.
Who conducted the evaluation of Trillion Energy International Inc.'s reserves for 2023?
GLJ Ltd., an independent qualified reserves evaluator, evaluated the company's reserves in accordance with industry standards.
When is Trillion Energy International Inc. expected to file additional reserves information?
The company is expected to file additional reserves information on Form 51-101F1 by April 29, 2024.
How can I contact Trillion Energy International Inc. for corporate inquiries?
For corporate inquiries, you can contact Trillion Energy International Inc. at 1-778-819-1585 or via email at info@trillionenergy.com.
Where can I find more information about Trillion Energy International Inc.?
Visit the company's website at www.trillionenergy.com for more information on their operations and projects.
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