Trillion Energy International Inc. is pleased to announce that it has been invited to present at the Emerging Growth Conference on July 21, 2021 and invites individual and institutional investors as well as advisors and analysts to attend. The Emerging Growth Conference is premiering the Company at 1PM EST on July 21, 2021. This live, interactive online event will give existing shareholders and the investment community [...]
Trillion Energy International Inc. announced that its 2021 Annual Meeting of Stockholders was adjourned to July 21, 2021. The record date for the Annual Meeting was May 6, 2021 and shareholders previously should have received proxy materials relating to the Annual Meeting, including a notice and Proxy Statement that was also filed with the Securities and Exchange Commission. When the Annual Meeting was convened on July 7 [...]
Trillion Energy International Inc. is pleased to announce sale price increases for both its oil and natural gas produced in Turkey, which is having a positive impact on the Company's revenues and net backs. Effective July 1, 2021, natural gas prices increased by 20% to almost $6 /MCF, reaching pre-COVID levels. Natural gas prices in Turkey are set by BOTAS, as most natural gas is imported where periodic step pricing [...]
Trillion Energy International Inc. has started the drilling preparation work for the first two SASB development wells, with capital provided from Company sources. In order to provide additional capital for the drilling program, the Company is triggering the acceleration provision in all outstanding Common Stock Purchase Warrants issued during 2020. Those Warrants must be exercised on or before 30 days from the date of [...]
Trillion Energy International Inc. is pleased to announce that it has been invited to present at the Emerging Growth Conference on June 9, 2021 and will be presenting for 30 minutes. The Emerging Growth Conference is premiering the Company at 1PM EST on June 9, 2021, Please register here to ensure you can attend the conference and to receive any updates released. Mr. Arthur Halleran, CEO will present the Company and [...]
In a release issued under the same headline earlier today by Trillion Energy International Inc. , please note there is a correction to the first sentence in the fourth paragraph. It should read "A first advance on the Loan Facility in the amount of US$3,500,000 " rather than "A first advance on the Loan Facility in the amount of USD $16,000,0000 " as previously stated. In addition, there is a correction to the first [...]
Trillion Energy International Inc. is pleased to announce it has signed a letter of intent with a US investment fund to obtain up to USD $17,500,000 in new financing , to finance the development of new producing gas wells on the SASB natural gas field, Black Sea. The LOI is subject to due diligence where the Company and Investor will diligently work towards definitive agreements to bring the financing to fruition. The [...]
Trillion Energy International Inc. is pleased to announce it has retained Oil and Gas Hunter to conduct geophysical analysis in furtherance of Trillion's plan to expand its current offshore acreage at the SASB Gas field aimed at discovering additional new gas resources and search for deeper gas potential in the contiguous blocks , as described in Trillion's March 10, 2021 news release. As part of the work program OGH [...]
Trillion Energy International Inc. is pleased to announce that is has settled a total of $749,771.20 in outstanding debt through the issuance to certain creditors of 1,874,428 common shares in the capital of the Corporation , at a deemed issue price of $0.40 per Common Share . The securities issued in connection with the Debt Settlement will be subject to a 4 month hold period in accordance with applicable securities [...]
Trillion Energy International Inc. is pleased to announce the results of its December 31, 2020 year end reserve report prepared by GLJ Consultants , an independent third-party consulting firm, as well as management's discussion of same. In completing the Reserve Report , GLJ assessed the oil reserves on the Cendere oil field as well as four developed, unproduced gas pools on the SASB gas fields, Black Sea. The Reserve [...]
Trillion Energy International Inc. is pleased to announce its plan to expand its offshore acreage at the SASB Gas field from its current 12,385 hectares by approximately 200,000 hectares, a 16 fold increase, aimed at discovering additional new gas resources proximate to its field and search for deeper gas potential. The first step in this process is to conduct a technical study under a Technical Investigation Survey [...]
Trillion Energy International Inc. is pleased to announce two successfully re-completions in the Cendere oil field resulting in significant production increases. Along with higher oil prices, oil revenues are on track for a significant increase year over year. The Cendere oil field is a stable, long-term, low decline oil field. The Cendere 13 well was re-completed resulting in daily gross production increasing from 245 [...]