Trillion Energy International Inc. is pleased to announce its listing on the CSE Stock Exchange, where commencing February 11, 2020, the Company will trade under the stock symbol CSE: TCF. The Company first applied for a CSE listing during 2019 and was required to first clear a prospectus with the British Columbia Securities Commission, which occurred early 2020. "We are very excited about the Company's prospects for 2020 [...]
Trillion Energy International Inc. is pleased to announce that, as of August 1, 2019 the Company received a significant price increase for sales of natural gas sold in Turkey. Natural Gas selling price increases The Company will now receive USD $7.36 per MCF for natural gas produced from its SASB field. The current natural gas selling price is up 51% year-over-year from $4.89 per MCF received during August 2018 and up [...]
Park Place Energy Inc. is pleased to announce that, effective April 1, 2019 it has changed its name to Trillion Energy International Inc. and adopted the corresponding new stock symbol "TCFF" on the OTC Markets as of April 1, 2019. The CUSIP number assigned to the Company's shares under its new name is 89621V103. Arthur Halleran, CEO of the Company, commented: “The name change to Trillion Energy International marks [...]
Park Place Energy Inc. is pleased to announce that, on January 10, 2019, we filed a preliminary non-offering prospectus with the British Columbia Securities Commission . The prospectus is being filed in accordance with the provisions of Canadian National Instrument 41-101 – General Prospectus Requirements to qualify the distribution of our common shares in Canada. No new securities are being offered. Concurrently [...]
ANKARA, Turkey, March 14, 2018 -- Park Place Energy Inc. is pleased to announce the Private Placement closed on February 28th, 2018. On February 28, 2018, Park Place Energy Inc. closed a private placement with the issuance of 11,750,000 shares of common stock, with each common share having ½ of one share purchase warrant attached, resulting in the issuance of 5,875,000 share purchase warrants. Each whole share [...]
ANKARA, Turkey, Feb. 20, 2018 -- Park Place Energy Inc. is pleased to announce it has acquired an additional 12.25% of the SASB gas field bringing its total interest to 49%. The purchase price for the additional interest was USD $265,000 and 1.5 million shares of the company’s common stock. The company completed the purchase on February 8, 2018. Approval was received by regulators early January 2018 paving the way [...]
VANCOUVER, British Columbia, Nov. 14, 2017 -- Park Place Energy Inc. intends to complete a private placement offering of common shares for proceeds up to US $1,000,000 at a price of US$0.10 per share for a total of 10,000,000 shares “the Financing”. The financing was approved by the Company and will close on November 30, 2017. The financing is only available to qualified investors in accordance with applicable [...]
Park Place Energy update on the Zagros Basin Licenses, Operations and the financial results for the quarter ended June, 2017. Park Place through the acquisition of the Tiway companies has 42,833 hectares of contiguous exploration blocks (Derecik Exploration Licences) covering the northern extension of the prolific Iraq/Kurdistan Zagros Basin, but are located within Turkey where the fiscal terms consist of a 12.5% royalty [...]
Park Place Energy announces that on July 17, 2017, Scott C. Larsen resigned as President and CEO of the Company and as a Director from the Board of Directors. In addition, on that same date, the following officers resigned their positions: Chas Michel resigned as Chief Financial Officer, David Campbell resigned as Vice President-Exploration and Francis M. Munchinski resigned as Corporate Secretary and Treasurer. Each of [...]
Park Place Energy reported the financial results for the quarter ended March 31, 2017 and provides an operations update. Park Place successfully completed acquisition of the Tiway companies which included interests in three producing oil and gas fields in Turkey in mid-January 2017.
Park Place Energy acquired interests in three producing oil and gas fields in Turkey in a transaction that closed January 18, 2017. The primary asset in the acquisition is the offshore production license called the South Akcakoca Sub-Basin. The SASB license is located off the north coast of Turkey towards the western end of the Black Sea in water depths ranging from 60 to 100 meters. Within the license are four producing [...]
Park Place Energy is pleased to announce it has now completed the acquisition of three oil and gas exploration and production companies operating in Turkey. As previously reported, the purchase price for the acquisition of the Tiway Companies from Tiway Oil B.V. was $2.1 million. It took over a year to obtain all the required regulatory approvals for the transaction. As a result of the acquisition of the Tiway Companies [...]