Trillion Energy Price, Forecast, Insider, Ratings, Fundamentals & Signals

Vancouver, british columbia and ankara, turkey, sept. 09, 2021 (globe newswire) -- trillion energy international inc. (the "corporation" or "trillion") cse:tcf (otc:tcff; frankfurt 3p2n) is pleased to announce that it has settled a total of $149,214.75 in outstanding debt through the issuance to certain creditors of 746,073 common shares in the capital of the corporation (the "common shares"), at a deemed issue price of $0.20 per common share (the "debt settlement").

Revenues up 53% yoy for the six months ending june 30, 2021 amid skyrocketing commodity prices revenues up 53% yoy for the six months ending june 30, 2021 amid skyrocketing commodity prices

Trillion invites individual and institutional investors to attend trillion invites individual and institutional investors to attend

Substantial price increases for oil and gas have positive impact substantial price increases for oil and gas have positive impact

The prep work for the saturn rig drilling of two gas wells has started to ensure spud 4th qtr 2021 the prep work for the saturn rig drilling of two gas wells has started to ensure spud 4th qtr 2021

Trillion Energy International Inc (CSE:TCF, OTCQB:TCFF) announced it has kicked off its 3D seismic reprocessing project for the SASB natural gas field in the Black Sea. The Canadian oil and gas producer is hoping to create a superior model of the field's complex geology by reprocessing with advanced pre-stack depth migration (PSDM) and incorporating time depth data from newer wells.

Trillion Energy International Inc. (CSE:TCF, OTCQB:TCFF) told investors it was moving closer to starting production this year from its SASB gas field in the Black Sea as it works to secure a jack-up drill rig. In a corporate update, the Vancouver-based oil and gas firm said it was negotiating a letter of intent with a drilling services provider near the Black Sea region and it expects the rig would "be able to commence service at the SASB gas field during July 2022, subject to a definitive agreement being signed".

Trillion Energy International Inc. (CSE:TCF, OTCQB:TCFF) has announced that its proposed merger and continuation to redomicile from Delaware to a British Columbia corporation has been completed and is now effective. The company said the move is fundamental to reduce costs and regulatory filings and is pivotal to securing a brokered financing with a Canadian investment bank to fund the development of its SASB Gas field.

Trillion Energy International Inc said it received a price increase this month for the sale of natural gas to about US$13.07 million cubic feet (mcf) amid seasonal supply shortages and strong regional demand.  In contrast, the company noted that the average natural gas sale price received during 2021 was approximately US$8.84/mcf.

Trillion Energy International Inc. (CSE:TCF, OTCQB:TCFF) has announced the results of an updated reserves and resources estimate for the SASB Gas field in the Black Sea, in which the net present value (NPV) of the project has “increased significantly” due to rising commodity prices. The company noted the combined NPV, using a 10% discount rate, for the 2P (proven and probably) gas reserves plus risked medium case estimate of gas prospects, is US$169.3 million, up from the previous estimate of US$138.6 million.

Eastern Europe-focused producer of natural gas from portfolio of assets in Turkey and Bulgaria Flagship SASB offshore gas project in Turkey poised for ambitious development program 2020 year-end total 2P reserves of 40.3 billion cubic feet with a combined net present value of US$139.8 million What Trillion Energy does: Trillion Energy International Inc (CSE:TCF) (OTCMKTS:TCFF) is building an integrated oil and gas portfolio along the Black Sea. The Canadian energy junior has a 49% interest in the SASB (South Akcakoca Sub-Basin) natural gas development project in Turkey, one of the Black Sea region's largest undeveloped natural gas projects with 23 shallow water wells and four offshore platforms, as well as pipeline infrastructure and a gas processing plant.

Trillion Energy International Inc reported its 3Q financial results showing the oil and gas firm swung to a profit of US$5.4 million from its oil and gas assets in Turkey and Bulgaria. The figure is a sharp contrast to the comparable year-ago quarter when it recorded a net loss of $140,000.

Trillion Energy International Inc said it will hold a special shareholder's meeting on December 17, 2021, to vote on the company's previously announced merger and continuation to redomicile from Delaware to a British Columbia corporation. The company said the redomicile is intended to better align Trillion's corporate structure with its current and future business activities and plans to fund the development of its SASB Gas field off the shores of Turkey.

VANCOUVER, British Columbia and ANKARA, Turkey, Sept. 09, 2021 (GLOBE NEWSWIRE) -- Trillion Energy International Inc. (the "Corporation" or "Trillion") CSE:TCF (OTC:TCFF; Frankfurt 3P2N) is pleased to announce that it has settled a total of $149,214.75 in outstanding debt through the issuance to certain creditors of 746,073 common shares in the capital of the Corporation (the "Common Shares"), at a deemed issue price of $0.20 per Common Share (the "Debt Settlement").

Trillion Energy International Inc. has announced a plan of redomicile to change its company's location of incorporation from Delaware, USA, to British Columbia (BC), Canada, subject to stockholder approval.  The company said the redomicile is intended to better align Trillion's corporate structure with its current and future business activities and financing plans.