Trillion Energy International Inc. wishes to announce that further to the Company's news release dated June 6, 2024 announcing the upsizing of its non-brokered private placement to 30,000,000 units at a price of $0.09 per Unit, for aggregate gross proceeds of up to a maximum of $2,700,000 , the Company has closed two additional tranches of the Offering. Each Unit is comprised of one common share of the Company and one [...]
Trillion Energy International Inc. wishes to provide an update to its previously announced non- brokered private placement. Further to the Company's news release dated May 27, 2024 and due to high investor interest, the Company is upsizing the private placement from 20,000,000 units to 30,000,000 units at a price of $0.09 per Unit, for aggregate gross proceeds of up to a maximum of $2,700,000 . Each Unit is comprised of [...]
Trillion Energy International Inc. wishes to provide an update to its previously announced non-brokered private placement of up to 15,000,000. The Company is upsizing the private place to 20,000,000 units of Trillion at a price of $0.09 per Unit, for aggregate gross proceeds of up to a maximum of $1,800,000 , with each Unit comprised of one common share of the Company and one share purchase warrant , each Warrant [...]
Trillion Energy International Inc. is pleased to provide this update and announce it has commenced operations program at the SASB Gas field, Turkey which will occur over a two-month period. Operations are being conducted in several phases and involve seven or eight wells at the SASB gas field, including all six wells drilled/completed last year as well as a few older wells that historically experienced water loading [...]
Trillion Energy International Inc. is pleased to report operating and condensed financial results for the year ended December 31, 2023. The audited financial statements, management discussion and analysis, and annual information form for the year ended December 31, 2023 will be available on the System for Electronic Document Analysis and Retrieval Plus at www.sedarplus.ca, on EDGAR at www.sec.gov/edgar.shtml, and on [...]
Trillion Energy International Inc. is pleased to provide a summary and highlights of its December 31, 2023 year-end reserve report. Reserve Report Highlights Net present value 10% of total proved plus probable natural gas and oil reserves is USD $420.5 million* net to Trillion, which represents USD $3.44 per common share*** Total proved plus probable conventional natural gas reserves increased to 55.75 Bcf* up from 42.5 [...]
Trillion Energy International Inc. is pleased to provide this operational update for the SASB gas field. Trillion is starting the SASB revitalization project now as all relevant equipment and supplies for the start of the operations arrive mid-April 2024. As mentioned previously a total of 49 metres of new gas pay will be perforated in Guluc-2, South Akcakoca-2, West Akcakoca-1 and Akcakoca-3 prior to the installation of [...]
Trillion Energy International Inc. has announced the appointment of David Thompson as Interim CFO and a search for a permanent Chief Financial Officer . The Company also announces grant of stock options. Mrs. Ozge Karalli will no longer be able to fulfill the duties of the CFO as a result of her termination with Park Place Energy, Trillion's operating subsidiary in Turkey. David Thompson, a director and former CFO of the [...]
Trillion Energy International Inc. , an oil and natural gas producer in Turkey, announces that it has issued 3,180,000 common shares of the Company at a deemed price of $0.20 per Share in settlement of a bona fide debt of $636,000 owed by the Company to its Chief Executive Officer, Arthur Halleran for $546,000, and two directors of the Company for the balance, namely David Thompson and Sean Stofer . The Shares are subject [...]
Trillion Energy International Inc. , an oil and natural gas producer in Turkey, is pleased to announce the appointment off Al Thorsen as Chief Operating Officer. As part of his duties, Mr. Al Thorsen will be responsible for the production operations of SASB gas field as well future drilling activities in Turkey and abroad. Mr. Thorsen will be leading the production enhancement initiatives, with the highest priority being [...]
Trillion Energy International Inc. is pleased to provide this operational update and to reiterate its production guidance for the SASB gas field issued on September 25, 2023 subject to revised timing to facilitate evaluation of alternative pump types and installation. On September 25, 2023, Trillion announced its SASB production guidance for the completion of five new wells and one recompletion completed for the work [...]
Trillion Energy International Inc. is pleased to announce the completion of its 3D seismic reprocessing for the SASB gas field. The Company is now in the process of interpreting the results and tying the results into the existing drilled wells. Significant improvements in seismic technology since the initial processing of the 2004 seismic data offer enhanced data imaging for reservoir characterization, faults, and [...]