Trillion Energy International Inc (TRLEF)

[fink]

Prospecting holes is already going on. CEO said in a previous interview that they have a list of new wells to explore after they tap #17
That’s a few years away.
Others are doing this work today off shore snd on land. We will come in and partner with those that find potential gas.
I don’t think Trillion is going to be the one initially spending $ punching holes in the Earth.
I got 126 acres of pine on the Miss/Al line. If I pay to drill it for natural resources and find gas, I’d need to find a Trillion to come in and get the gas out. Prospecting is on the land owner or who ever ones the lease.
My luck, after the Civil War, US Steel came down to Dixie and took all the mineral rights that they still hold today. So why would I? Even if I found dinosaurs bones, it belongs to US Steel. LOL

We got 5 more trading days to power through. Then I think we start to trend slowly back up to break new 52week highs.
By end of Summer, we should be in a great place.

[9HikeDiscGolf]

Weekly summary:

• RIH 13 3/8” casing
• Cement to surface and wait on cement (WOC)
• Test smart tools and pressure test valves$TCF 🇨🇦 $TRLEF 🇺🇸 $Z62 🇩🇪https://t.co/qWIBdDGPnx

— Trillion Energy (@TrillionEnergy) December 23, 2022

[9HikeDiscGolf]

SASB's production profile which includes the production profile of South Akcakoca-2 and Akcakoca-3, with November's revenue and projected revenue numbers with the addition of charts and additional data.$TCF 🇨🇦 $TRLEF 🇺🇸 $Z62 🇩🇪https://t.co/dQZwZFJLsN

— Trillion Energy (@TrillionEnergy) December 22, 2022

[Bobwins]

Yeah, I'd rather see them drill some of the prospects and hit another SASB field than buy back or pay dividends. Short sighted.

[Gator44]

Dont think they will use funds for stock buybacks at this point. See continued use of funds for finance well development and infrastructure costs.

[fink]

Imagine a year from now?
We sit at a $120m market cap.

17 wells all producing should have us well over $200m in revenues. Eps should go through the roof to a respectable price.

Buy the dips over the next 9 months.

I’ve asked a few times about a possible buy back of shares if the price remains this low after we have the 5th well producing revenues.
I’d love to get a reply. Crickets from the Company as I expect with that type of question. I really don’t want an answer, more just want to plant a seed with it.

[BestFishes]

Trillion Energy Receives November Gas Revenue For New SASB Gas Production
December 22, 2022 - Vancouver, B.C. - Trillion Energy International Inc. (“Trillion” or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62). Trillion is pleased to provide certain revenue and production data for the month of November 2022.

South Akcakoca-2 was put into production on November 4th, 2022; and produced for 27 days in November. South Akcakoca-2 was put online almost immediately after completion. Akcakoca-3 was also put online immediately after perforation and produced from November 24th to November 30th. Trillion’s 49% share of gas sales from these wells, before royalties for November 2022, was US $1,412,073 and after royalty was US $1,235,564.

Based on the first 15 days of December gas production for both the South Akcakoca-2 and Akcakoca-3 wells, gas revenue for December will be about US$ 2.1 Million (after royalties) net to Trillion. Based on current pricing and production rates, revenue after royalty for these two wells will be between an estimated US $20 to $24 Million for the 2023 calendar year.

In Q1 2023, two additional wells, West-Akcakoca and Guluc-2, are expected to be put on production resulting in further revenue streams. In total, eight additional wells are expected to come online for 2023.

Natural gas prices in Turkiye have remained constant over the last three months at US $30+/MCF and are historically the highest gas prices for Turkiye to date. We expect natural gas prices to remain high for the foreseeable future into 2023.

Arthur Halleran, CEO of Trillion, stated:

“Trillion’s execution of the SASB development program and the immediate well production captured the highest gas prices seen in Turkiye and increased Trillion’s share of SASB production from almost zero to over 500 boe/d* in just a few months. We are confident that Trillion can execute its program in a timely and efficient manner. Both the new wells Guluc-2 and West Akcakoca 1 have gone smoothly so far and when those two additional wells come online Trillion’s internal revenue will be enough to self-fund critical aspects of the SASB development project such as the drilling of new wells.”

*Boe/d calculates 1 barrel oil equivalent = 6 mcf of natural gas

Trillion Energy is focused on natural gas production for Europe and Türkiye with natural gas assets in Türkiye and Bulgaria. The Company is 49% owner of the SASB natural gas field, one of the Black Sea’s first and largest-scale natural gas development projects; a 19.6% (except three wells with 9.8%) interest in the Cendere oil field; and in Bulgaria, the Vranino 1-11 block, a prospective unconventional natural gas property.

https://trillionenergy.com/2022/12/22/trillion-energy-receives-november-gas-revenue-for-new-sasb-gas-production/

[BestFishes]

AND sometime next month Art will be on MSE program again. So happy that he’s a regular, I love that podcast. Also checkout Financial Survival Network, he’s a regular there too.

[bakinfive53]

Bill Powers has nice educational video and uses Trillion Energy as his main example of what kind of opportunities to take advantage of

[9HikeDiscGolf]

TRILLION ENERGY PROVIDES YEAR END SUMMARY AND 2023 OUTLOOK
Press Release
12/19/2022

Vancouver, B.C., Dec. 19, 2022 (GLOBE NEWSWIRE) -- Trillion Energy International Inc. (“Trillion” or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62). 2022 was a transformative year for Trillion. As the natural gas supply crisis unfolded in Europe earlier this year, prices soared to record highs and Trillion was poised to meet the challenge with a plan to ramp-up production in a big way.

By early 2022, we had planned our 17 well drilling program; by March 2022 we reserved our drilling rig with a deposit of $2 million; and by July we raised over $41 million (gross proceeds) to kick off drilling. By September, our drilling rig arrived at the SASB gas field and set up in 95 meters water depth, ready to drill.

By October 2022 we completed our first long reach directional well AK-South, a significant engineering feat. In November, we reentered AK-3 clearing the well bore and perforating one of three gas bearing zones, which then entered production. By December we spud wells -Guluc-2 and AK-West where drilling is ongoing. We exit 2022 with between 7 - 8.2 mmcf/d production sold at over US $30/MCF from AK-3 and AK-South wells.

In 2023, we expect 12 months of continuous drilling to occur at SASB, where our plan is to bring on eight new wells (or workovers) into production. In Q1 2023, we expect to double production through completion, perforation, and testing of Ak-West and Guluc-2 wells. Six additional wells are expected to be drilled off of other platforms in the SASB gas field between Q2 and Q4 2023.

We plan to use revenue from the initial wells to fund additional CAPEX costs for our US $100 million Phase A & B SASB development programs, consisting of about 17 wells.

2022 Highlights:

Raised over CND $42 million equity capital during 2022
Drilled two new wells ramping up production to 7-8.2 mmcf/d
Natural Gas prices soared year-over-year from $11 (Jan) to $30+ (December), a 67% increase
Added to CSE 25 Index
Research analyst report price target of CDN$ 1.35/share
Stage set for eight new production wells in 2023 total (2 per quarter) through continuous drilling

About the Company

Trillion is an oil and gas producing company with multiple assets throughout Turkiye and Bulgaria. The Company is 49% owner of the SASB natural gas field, one of the Black Sea’s first and largest-scale natural gas development projects; a 19.6% (except three wells with 9.8%) interest in the Cendere oil field; and in Bulgaria, the Vranino 1-11 block, a prospective unconventional natural gas property. More information may be found on www.sedar.com, and our website.

Contact
Art Halleran: 1-250-996-4211
Corporate offices: 1-778-819-1585
e-mail: [e-mail]
Website: www.trillionenergy.com

Cautionary Statement Regarding Forward-Looking Statements

This news release may contain certain forward-looking information and statements, including without limitation, statements pertaining to the Company's ability to obtain regulatory approval of the executive officer and director appointments. All statements included herein, other than statements of historical fact, are forward-looking information and such information involves various risks and uncertainties. Trillion does not undertake to update any forward-looking information except in accordance with applicable securities laws.

These statements are not guaranteeing of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Accordingly, actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors. These factors include unforeseen securities regulatory challenges, COVID, oil and gas price fluctuations, operational and geological risks, the ability of the Company to raise necessary funds for development; the outcome of commercial negotiations; changes in technical or operating conditions; the cost of extracting gas and oil may be too costly so that it is uneconomic and not profitable to do so and other factors discussed from time to time in the Company’s filings on www.sedar.com, including the most recently filed Annual Report on Form 20-F and subsequent filings for the first quarter of 2022. For a full summary of our oil and gas reserves information for Turkey, please refer to our Forms F-1,2,3 51-101 filed on www.sedar.com, and or request a copy of our reserves report effective December 31, 2021 and our Prospective Resource report effective October 31, 2021.

https://www.otcmarkets.com/stock/TRLEF/news/TRILLION-ENERGY-PROVIDES-YEAR-END-SUMMARY-AND-2023-OUTLOOK?id=384292

[fink]

Someone took the .3222, $32k order on the Bid, the rest 30k shares are now on the Ask with GTSM. That was cash for 100k shares. Who Dumped that many shares? 130k shares? Damn! That’s a sweet position. Then like clock work OTCN and VIRT trumps that .32 order lower.
Those two are working over time to drive the price down.

You’d think the company is diluting or driving the price lower to begin a share buy back at these undervalued share prices? Wink wink

They get 4 wells producing revenue, why not buy back and retire shares? Drop in the bucket expense then. A solid company always buys back shares when it’s undervalued.
4 producing wells is the trigger.

Europe and the East is getting hit with its Deep freeze this week. Ground is frozen solid. It’s game on.

[BestFishes]

Not the most sexy weekly update, but it is PROGRESS. That's what I love. Couple more weeks until this is added to the asset column. Keep pushing, TRLEF.

[9HikeDiscGolf]

Weekly summary: Skid the rig onto Guluc-2 and spudded on December 10th. Drilled 17 ½” section to 1002 m measured depth (MD) and run in hole (RIH) 13 3/8” casing (continues).$TCF 🇨🇦 $TRLEF 🇺🇸 $Z62 🇩🇪https://t.co/ANuzddPDjQ

— Trillion Energy (@TrillionEnergy) December 16, 2022

[CountOfMeltedCrisco]

Five days to first 'Payday!'
The 20th of every month is
when O&G payments are
made; this is a worldwide
industry standard.

This first cheque will be
for the first two wells'
production for the month
of November. The first
well produced nearly the
entire month, the second
well about 1/2 of November.

At $30/MMCF, it will be the
"proof" for which all have
been waiting. Tomorrow
should bring the regular weekly
update about Gulac-2 and
Akcakoca-1, and perhaps further
refine the timeline for when they
will join the production numbers.

[fink]

$30k retail floor at .3222 was too much of a deal for someone.
That’s impressive. 100k score.

Now slap the Ask to pump up your new investment. LOL

[futrcash]

17 well drill program...patience -this is not oil but rather natural gas

futr

[fink]

Like watching concrete dry these days.

[9HikeDiscGolf]

Company @TrillionEnergy has begun drilling the Guluc-2 natural well at the South Akçakoca Sub-Basin (SASB), Black Sea.

The Guluc-2 well will be cased, perforated, and tested, then the rig will move back to and complete the West Akcakoca-1 well. #CSE: $TCF #finance #mining pic.twitter.com/j9aIslVLww

— The Market Online Canada (@marketonlineca) December 13, 2022

[fink]

A worthy read.

https://tomluongo.me/2022/12/08/eu-oil-price-cap-stupidity/

The EU is so F’ked.

[9HikeDiscGolf]

Market manipulator are good name.

IMO

[bakinfive53]

MM,s are not market makers anymore, they are market manipulators. This is a good stock, but much can be said about the control of markets and algorithmic trading being a hindrance to fair trading. It is making it hard on retail investors to make good money on good stocks. The MM,s can control a stock price until retail gets sick and tired and moves on to others stocks and repeat the same dilemma , imo, of course it is just an observation and I could be dead wrong

[fink]

In my 40+ years playing stocks, and way before Online trading, i’ve never seen em before. WhyI was thinking they are here because of the multi listed exchanges for Trillion. They need to run out of shares one day. Or they are creating shares out of thin air. Vapor shares to control the spread. Short and cover on low volume stocks.

When I grow up, I want to be an MM

[9HikeDiscGolf]

It just another damn MM. MM keep adding ya know.. (bleep) stupid.

MM: OTCN (otcmarket mm. Maybe)
https://www.tradinghours.com/mic/s/otcn

MM: VIRT
https://www.virtu.com/

I hate the most is EDGA & EDGX
https://www.investorsunderground.com/level-2/market-makers/

[fink]

Can’t put my finger on OTCN and VIRT? Everyday trying to control the spread.
Do they represent the TSE and Frankfurt exchange? Over my pay grade of understanding. Massive share blocks too. It’s just not normal..

[9HikeDiscGolf]

Its getting better everyday.

IMO

[fink]

Love their shareholder updates.

https://mailchi.mp/trillionenergy/trillion-commences-new-wells-in-its-multi-well-program?e=59502a8d28

I’m loading all I can till they have #5 producing gas. The gas World will take notice then. Till then, add

[9HikeDiscGolf]

Trillion Energy
@TrillionEnergy
·
2m
Upon successful completions of the wells occurring, gas will be sold to market almost immediately. The Guluc-2 well is expected to commence production towards the end of January, 2023; while West Akcakoca-1 by March 2023.

[9HikeDiscGolf]

Trillion is pleased to have commenced the Guluc-2 well after completing the West Akcakoca-1 17 ½” diameter section to 1,008 metres depth. Upon completion of Guluc-2, the rig will move back and complete the West Akcakoca-1 well.$TCF 🇨🇦 $TRLEF 🇺🇸 $Z62 🇩🇪https://t.co/xK4Mtehy5h

— Trillion Energy (@TrillionEnergy) December 12, 2022

[fink]

New update
https://mailchi.mp/trillionenergy/weekly-drilling-report-december-8-2022?e=59502a8d28

Does the weather ever get bad there? Seems these guys are kicking butt daily.

[fink]

We need Nat gas to help us out run these bastards.

[bakinfive53]

government of the government, for the government and by the government, in other words, Marxism is here. imo ...or any other nefarious ism you can label the present US government. Some very crazy chit goin on in the good ol US of A.

[fink]

You and I both know in our hearts, they are softening up the US military so China can take Taiwane. It’s in the cards.
Central banks have built up Russia, China snd the welfare State of Europe on the back of the American tax payer through creating debt to create money so the American tax payers pay through inflation. It’s a true hidden tax. Been going on since the civil war. Same game plan.
So we piss off China to do something they think they need and America gets to create debt to build up its military to have some show over Taiwane. American tax payer get bent over again like we are seeing over Ukraine.

We’d be better off as a nation to just give Ukraine away and Taiwan. Since it’s the new normal accepted around the world, then America is justified to invade snd conquer Venezuela. Then march North to the Texas boarder kicking china and Russia out of the Western Hemisphere. Clean out the drug cartel once and for all and maybe dance on Cuba just for sport. Send Venezuela oil yo power Europe till they build out nuclear.

The green scam is DOA today. It’s done. Davos is neutered. Nat gas will be king of the energy space for a good 6+ years. Turkey become the Nat gas hub for Europe. TRLEF gives a solid 10+ baggar from here
And really! Time to blow the EU and the Brits off. They are the ones getting us into these never ending wars.
There! That solves the world problems.
I bet The Fed pulls a golden rabbit out of their hat to keep the scam going another generation. When the 1 year treasury bond pays more than the 10year, you know hell is about to hit on the U$D. It’s their last ditch effort to monetize all this debt from printing so much damn money.
Inflation will tax us too cover this insult.
Has to be over 22%.

[BestFishes]

Couldn't agree more. However you can't deny that the markets react to these data points, regardless of how flawed the measurements are, i.e. rent and fuel not being in the "core" inflation print.

www.shadowstats.com compares how inflation was measured throughout the decades versus how its measured now. True price inflation is about twice what the mainstream media is stating.

Lastly, you're spot on about war. This war will ramp up, everyone should expect that and work on preparing financially for tough times in order to become resilient. Good luck to all.

[fink]

People know the World banks are nothing but a Ponzi scheme of debt and money created out of nothing. Inflation is their end game. As Biden said on a hot mic, “More inflation is good, you stupid SOB” never forget that. Bone head if there ever was one. World central banks run the world and wars. They want war. They will have this war.
Today’s Money can not sit in savings. It has to find a safe haven.
Look at GILD. Foreign money is pouring into that recession proof stock.
We got that here too. We are just unknown. 6 months from now I’m investing today that it changes.

If any of my other chit runs hard, those gains are going into more of this. A few 10k shares might change your life.

Do you think they will lie about CPI? Why is rent not part of that? Chit! My daughter pays $2k at ole miss for her 2 bedroom. That’s what we pay for our mortgage on a $850k home in Alabama. Rents have skyrocketed.

[BestFishes]

PPI data today, CPI data next Tuesday, FOMC will raise interest rates 0.5% next Wednesday, options expiration next Friday...

All reasons to expect some increased volatility coming up. Even though some of these points don't directly relate to TRLEF, when markets experience vol, everything seems to be affected. Could give TRLEF a nice buy opportunity.

[fink]

Roger that! I wish he slow down when he talks and chill. He assumes we know so much. It’s like I get all this homework with every new audio he puts out.
He definitely makes you think.

[BestFishes]

I’ve been listening to as much Luongo as I can find lately. He writes articles on newsmax too.

Check out the recent Palisades Gold Radio podcast Twitter Spaces.

[fink]

Getting close to my BIDs

Fingers crossed

[fink]

Found a great Geopolitical thing on Turkey. Episode #112
Egg heads but they say some insightful thoughts on Turkey as a gas hub leader.

https://tomluongo.me/2022/07/06/podcast-alex-christoforou-greece-turkey-divide/

[fink]

OTCN and VIRT trying to keep a tight lid on this. Massive blocks on the Ask.
Thats great for us in the know to accumulate.
I think we have a solid 6-12 months to enjoy these stock prices.
I’m about to dump all my dogs for paper tax loss and roll into more Trullion snd Tellurian.,

[9HikeDiscGolf]

Check out Arthur's interview with @DeparturesCPTL, where he mentions drilling results, cash flow, outlook on natural gas prices, the next gas well, and much more.$TCF 🇨🇦 $TRLEF 🇺🇸 $Z62 🇩🇪https://t.co/eYVXuaHFI9

— Trillion Energy (@TrillionEnergy) December 1, 2022

[9HikeDiscGolf]

For this week, Trillion Energy spudded West Akcakoca-1 well on November 26th. Once the 17 ½ surface hole is finished, the rig will skid over and start drilling the Guluc-2 well.$TCF 🇨🇦 $TRLEF 🇺🇸 $Z62 🇩🇪https://t.co/pYqNkPiKz3

— Trillion Energy (@TrillionEnergy) December 2, 2022

[fink]

I wonder how this $60/Brl cap from the EU is going to pan out.
I bet Putin says screw you. 10% of the Worlds oil supply gets cut off overnight. Oil shipping dries up. Shippers and insurance are in G7 nations. Putin will be cut off from this. They are playing a dangerous game with Russia.

Russia will just sell to China. The largest consumer of oil.

Maybe Saudis will open up the valve. LOL

I can’t see how oil is not going to explode. Everyone waiting on Poland to decide Friday on this. I don think Putin cares.

[BestFishes]

Thank Jay Powell for his comments this afternoon. Everything got a pop from that.

I agree with you on the doom n gloom in the future...

My next catalyst with TRLEF are these next two well. Production of these two should be close together and we should be past the rail unions strike short term timeframe. Man, if the rail strike happens in the USA, I’ll be lickin my chops as the markets will diiiiive.

[Bobwins]

Big pop today +.03 to .38 on good volume of 1.2 million.

No news so must be general glee over prospect of interest rate increases slowing down. Market has been over optimistic about FED pivoting for months. Every time they think FED will pause, they go nuts. Unfortunately historically interest rates have to get above the level of inflation to slow down inflation. That's quite a bit higher than we are now. So expect gloom to come back. In the meantime, Trillion will keep drilling and bringing new wells online. Eventually the market will realize it's for real! Keep drilling ART!

[9HikeDiscGolf]

Agree.. Drill that son of a gun!

IMO

[BestFishes]

Climate change is a total scam against the poor and middle class. WEF, UN, etc does not want a free and independent middle class. They want a slave class that can be controlled.

Just have to keep preaching about the scam and show evidence of it. Eventually people will get it. Look at Brazil, China, Sri Lanka. The people there have had enough and are making it known. That message needs to spread to the west.

[fink]

If these morons pushing the green revolution spent 1/10 of the time building out a cohesive Nat gas supply infrastructure we would not be in this mess. Shipping is up to $150k a day up from $30-40/day rates.
I’ve heard the Global warming scam since Carter. They hate oil, and nuclear. They incision us living like the native Indians with flying cars. It’s pure insanity. Nothing will change till they perfect the graphene battery. Till then drill baby drill.

[9HikeDiscGolf]

Trillion is pleased to announce that the Akcakoca-3 well is now producing at 3.3 MMcf/d into the gas sales line, and the rig has been repositioned to drill the West Akcakoca-1 well.$TCF 🇨🇦 $TRLEF 🇺🇸 $Z62 🇩🇪https://t.co/X3pbNAK2t1

— Trillion Energy (@TrillionEnergy) November 28, 2022

[9HikeDiscGolf]

TRILLION ENERGY COMMENCES NEXT SASB WELL AND INCREASES GAS SALESWest Akcakoca-1 has now been spudded while Akcakoca-3 well commences gas sales
QUOTES AS OF 12:00:00 AM ET 11/25/2022

Vancouver, B.C., Nov. 28, 2022 (GLOBE NEWSWIRE) -- Trillion Energy International Inc.(TRLEF)(“Trillion” or the “Company”) (CSE: TCF) is pleased to announce that the Akcakoca-3 well is now producing at 3.3 MMcf/d into the gas sales line; and the rig has been repositioned to drill the West Akcakoca-1 well, the third operation in the Company’s 17 well SASB development program.

Initial production rates from Akcakoca-3 are 3.3 MMcf/d using a 20/64” choke and from the upper 7 metres gas sands perforated during the initial operation. 27 metres of net pay remains to be perforated at a later date in the well. Final production rates for Akcakoca-3 will be adjusted as more gas is brought into the production facility from other wells.

The Uranus drilling rig has been repositioned on the northern side of the Akcakoca Platform where both the West Akcakoca-1 and Guluc-2 wells will be drilled. These wells will be spudded a few weeks apart and completed in sequence. The order of operations is as follows:

1) Spud West Akcakoca-1 drilling 17 ½” diameter hole to 1000 metres depth, run in and cement 13 3/8” casing (10 days time);
2) Skid Rig and spud Guluc-2 and drill 17 ½’ diameter hole to 1000 metres depth, run in and cement 13 3/8” casing (10 days time);
3) Drill Gulus-2 to total depth (TD), perforate, test and produce;
4) Skid Rig back to West Akcakoca-1, drill to total depth, perforate, test and produce

The Company is drilling the 17 ½” diameter hole for both Guluc and West Akcakoca sequentially to save time and cost, as special equipment is required to be moved to and from the rig from Shore Base.

Arthur Halleran CEO of Trillion stated:

“We are very pleased South Akcakoca-2 and Akcakoca-3 are now producing gas sales revenue at $30+/mcf, which will be reinvested back into the continuing drilling program. Guluc-2 is a known gas pool previously discovered by a vertical well but never put on production. The Guluc long reach directional well we are now drilling will reach out from the production platform and bring this gas field into production”

About the Company

Trillion Energy (TRLEF) is focused on natural gas production for Europe and Türkiye with natural gas assets in Türkiye and Bulgaria. The Company is 49% owner of the SASB natural gas field, one of the Black Sea’s first and largest-scale natural gas development projects; a 19.6% (except three wells with 9.8%) interest in the Cendere oil field; and in Bulgaria, the Vranino 1-11 block, a prospective unconventional natural gas property. More information may be found on www.sedar.com, and our website.

Contact
Investor Relations: 1-778-819-1585
Art Halleran: 1-250-996-4211
e-mail: [e-mail]
Website: www.trillionenergy.com

Cautionary Statement Regarding Forward -Looking Statements

This news release may contain certain forward-looking information and statements, including without limitation, statements pertaining to the Company's ability to obtain regul a tory a pproval of the executive officer and director appointments . All statements included herein, other than statements of historical fact, are forward-looking information and such information involves various risks and uncertainties. Trillion does not undertake to update any forward-looking information except in accordance with applicable securities laws.

These statements are not guaranteeing of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Accordingly, actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors. These factors include unforeseen securities regulatory challenges, COVID, oil and gas price fluctuations, operational and geological risks, the ability of the Company to raise necessary funds for development; the outcome of commercial negotiations; changes in technical or operating conditions; the cost of extracting gas and oil may be too costly so that it is uneconomic and not profitable to do so and other factors discussed from time to time in the Company’s filings on www.sedar.com, including the most recently filed Annual Report on Form 20-F and subsequent filings for the first quarter of 2022. For a full summary of our oil and gas reserves information for Turkey, please refer to our Forms F-1,2,3 51-101 filed on www.sedar.com, and or request a copy of our reserves report effective December 31, 2021 and our Prospective Resource report effective October 31, 2021.

Source: Trillion Energy International Inc.(TRLEF)
2022 GlobeNewswire, Inc.