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No problemo senior. Happy Thanksgiving
Oh sheesh, thanks, I must have scrolled right past that.
https://trillionenergy.com/investors/
per web site :483,516,802
Fully Diluted Share Count?
Bob, I'm fairly new to the story. Sounds like Art is convinced they're full funded and won't need to raise anymore. But my question is, after all the raises and the latest warrant exercise, what is the fully diluted share count right now? (Anyone else feel free to chime in also)
Nice. I did the same on monday with 850 shares .Everything looks promising here.
Just scored a partial @ .3679 723 shares. Averaged up. Slow and steady accumulating.
Someone needed Turkey money.
I’m surprised OTCN allowed me to get any.
OTCN/VIRT tag team is brutal.
I wish a few of these EU whales get eyes on this. The Euro is in a death spiral. Time to get out and find a safe haven for your wealth to grow in..TRLEF
Hit .40. Last high in company history was .42.
BOOM!
IMO
But would like to know Art's thoughts on a plan moving forward with another rig.
$$/time frame/rig avaliability
Trillion Energy NatGas Producer Setup for Parabolic Profit Rise with CEO Arthur Halleran
Check out Arthur's interview with @KerryLutz, where he goes over his recent trip to Europe, Trillion's cash flow, infrastructure, perforation process, production, exploration upside potential, and much more.
— Trillion Energy (@TrillionEnergy) November 22, 2022
Link: https://t.co/lpPtlMFHGj$TCF 🇨🇦 $TRLEF 🇺🇸 $Z62 🇩🇪 pic.twitter.com/4eaq9HaQLC
adding another drill rig?
Remember we haven't gotten our first check yet. Also remember how hard Art had to struggle to get Trillion to the point of drilling the first well. Lots of hard work and hundreds of millions of cheap shares issued.
Adding a second rig could happen if the cashflow comes in as predicted but I wouldn't expect Art to make that kind of decision until he has several million in the bank and everything is going smoothly.
Trillion Energy Begins Production Ramp Up Amidst Historic NatGas Prices Explains CEO Art Halleran Youtube
Volume is quite high on their primary exchange.
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=ca%3Atcf&x=47&y=7&time=100&startdate=2%2F4%2F2020&enddate=12%2F28%2F2022&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9
Plus it has just now hit .52 (on a volume of 4.8)
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=ca%3Atcf&x=49&y=15&time=6&startdate=2%2F4%2F2020&enddate=12%2F28%2F2022&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9
59 on line : https://ceo.ca/tcf
.
At what point do we set up another drilling operation? Then a third? Mop up these 17 drill sites by the Late Spring for the world to be stocking up their tanks for winter 2023?
$1.35/per share in no time. A couple 100k shares now will do wonders to combat on going personal effects of inflation into 2025 when the Earth ends.
Yes, it sure looks like the warrant expiration was the big factor in the negative response to the good news. Today is a different story. We are solidly up .02 but on lower volume.
We will get a taste of the financial benefits of these wells since we'll get our first check in late December but it will take awhile for the true benefit to show up in the P&L. Every 45 days means we will add about 8 more wells in 2023. So 10 wells flowing 3 to 8 MMCPD and Trillion getting 49% of that total.
It's happening just as Art predicted but it seems like slow motion. Biggest danger for me is probably sticking with it. This is going to take at least two years to play out and then we get to the big potential game changers. The successful drilling of the known targets is just the beginning. Art says there are big targets nearby that look like SASB. What would happen to the share price in two years if Art announced a discovery of a new field with a TCF of gas?
Damn! I remember when the old Global Marine jack up rig rental rates were $30k a day. Money I could not even conceive.
LNG ships are $150k a day.
Wait till we have well3 online. Around Christmas?
I think we will be testing the 52 week high by then
Buy any dip
By my calculations...Trillion is currently generating free cash while drilling-
The rig is costing us $100,000/day,but our sales exceeds that by a comfortable margin as of the 2nd well completion
to paraphrase our ceo Art
"a good position to be in"
futr
Warrant exercise expired the twentieth
futr
As the numbers build and drill head drills this little gem will respond, maybe when nobody is looking.
I am not sure but isn't this the last day for the warrants.
news came on a bad day for energy. So we go down on good news!
Two for two! Couldn't ask for better news.
TRILLION ENERGY ANNOUNCES FLOW TEST RESULTS FOR AKCAKOCA-3 WELLAkcakoca-3 Well Successfully Tested at a Rate of 7.0 MMcf/day
GLOBENEWSWIRE 7:00 AM ET 11/21/2022
Vancouver, B.C. , Nov. 21, 2022 (GLOBE NEWSWIRE) -- Trillion Energy International Inc.(TRLEF)(“Trillion” or the “Company”) (CSE: TCF) is pleased to announce flow test results for the Akcakoca-3 natural gas well at the SASB gas field, offshore Turkey.
Three sands with a total of 34 metres of natural gas pay were identified for perforation in the Akcakoca-3 well. Upon the first perforation of the upper 7 metre sand occurring, the well immediately experienced a pressure buildup up to 7.0 MMcf/d (32/64” choke). Well head pressure measured 1,400 psi.
Based on initial gas flow and reservoir pressure data from perforation of the first sand, a decision was made to commence producing this zone and perforate the remaining two sands (totaling 27 metres) at a future date, after production from the initial perforated interval starts to decline.
The final production flow rate will ultimately be established at the process facility.
Arthur Halleran CEO of Trillion stated:
“We are very pleased that our multi-well drilling program is off to a very strong start. We are “Two for Two” so far with both South Akcakoca-2 and Akcakoca-3 wells now successfully producing gas. Each well additionally has 10s of metres of identified gas sands ready for perforation and production in the future to keep production levels up. This is a desirable situation for the Company to be in.”
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
Art Halleran: 1-250-996-4211
Corporate offices: 1-778-819-1585
e-mail: info@trillionenergy.com
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.
More production news EARLY next week. Plus photos of Art and the team onsite. Looking very positive for TRLEF.
Rock n Roll.
On to the third well. This thing is moving fast. I can’t wait for his new pics.
https://mailchi.mp/trillionenergy/weekly-drilling-report-november-17-2022?e=59502a8d28
Trillion Energy
@TrillionEnergy
·10m
Arthur Halleran, CEO of Trillion Energy, is currently on the Uranus rig and will provide photos and commentary over the perforation of the first 7-metres of gas sand in the next few days.
https://twitter.com/TrillionEnergy
WEEKLY DRILLING REPORT NOVEMBER 17, 2022
WELL: Akcakoca 3
November 1st, Akcakoca-3 re-completion started. Days since start of re-completion 16
Week Summary:
Prepare and make well safe to perforate unproduced gas zones.
Perforated first 7-metre gas sand
Further Activities:
Flow test well to understand gas production characteristics,
Turn over to Production Operator Partner for production.
News release early next week on the results.
Move Drilling RIG to the northern side of the Akcakoca Platform to start drilling Guluc 2.
I went to the Uranus Rig on Thursday and was there during the perforation of the first 7 metres of gas sand. I am still in the field, and when I return, I will provide some photos and commentary for our social media. - Arthur Halleran
https://mailchi.mp/trillionenergy/weekly-drilling-report-november-17-2022
The OTCN/ VIRT are tag teaming it in my silver Play AGMRF. They must be big in playing there busk snd multi listed exchange stocks. I’ve never seen em before, but they do love the spread.
I think they are trying to bank the % between the Bid Ask.
Short a few cover a few.
$500 a day keeps the job away.,
Look like OTCN finally has back off.. Move to .4499
IMO
Indeed. I have notice they always use AON. Tricky.
IMO
Looks like easy work to get well 2 producing if they are at this stage.
Here we go!
IMO
Quick update for the lazies...
https://themarketherald.ca/trillion-energy-provides-operational-update-for-sasb-gas-field-2022-11-15/
Updated Report Analysis on Trillion Energy
South Akcakoca 2 Well On Production; Akcakoca 3 well Ready for Re-perforation
Maintain BUY and Target Price
This morning, Trillion Energy International Inc. (“TCF”) provided an operational update on the current seven well program in the SASB gas field (49% W.I.). The recently drilled South Akçakoca 2 well has been placed on production at an initial rate of 3.0 MMcf/d. Management continues to monitor the well and expects to gradually increase the production rate over time. TCF also announced an update on the recompletion operations of the Akçakoca 3 well. Fishing operations successfully recovered over 600 kgs of old wireline cable from the well. TCF also milled out the old packer, which was pushed down into the well, below the deepest perforation interval. The well is now cleared and TCF expects to re-perforate the well, including ~34 metres of unperforated gas pay. Operations are expected to be completed this week.
The South Akçakoca 2 well was placed on production ahead of schedule. The Akcakoca-3 well has experienced some delays, but is now ready to be perforated. We maintain our BUY recommendation and our $1.35 target price, based on a 3.0 x multiple of our 2024F debt-adjusted cash flow.
To view the full updated coverage on Trillion Energy, click the button below:
https://mcusercontent.com/5e269838a16742a97c90596c2/files/9ddac5b5-85ab-85d2-e245-5bb6978631ae/TCF_11_14_22.pdf
Must be a Christian operation.
Gotta love this company that care about "fish".
Nice!
IMO
Todays update.
https://mailchi.mp/trillionenergy/trillion-provides-operational-update-for-sasb-gas-field?e=59502a8d28
This is the fun part. They get to blow some stuff up.
Akcakoca-3 Well being readied for perforations as gas sales from the South Akcakoca well commence
November 14, 2022 – Vancouver, B.C. – Trillion Energy International Inc. (“Trillion” or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) is pleased to announce that gas sales have commenced from its first new well (South Akcakoca) and that the borehole for Akcakoca-3 has now been cleared of old wireline through a fishing operation and cleaned, readied for the planned re-perforation operation this week.
An operation to fish the junk from the Akcakoca-3 well has now been successfully completed. After five days, our crew recovered over 600 kgs of lost cable, mill out the old packer and cleared the wellbore. All the lost cable above the packer was recovered, and the old packer was pushed down below the deepest perforation interval.
Images of the “fish” recovered from the Akcakoca-3 well may be found on our Twitter and LinkedIn feed @trillionenergy and will be included in our weekly newsletter that users may sign up for on our website www.trillionenergy.com.
The Akcakoca-3 borehole is now ready for the re-perforation, including the remaining gas-bearing zones totalingapproximately 34 meters of pay. Perforations are anticipated to be completed later this week, with production commencing shortly thereafter.
Natural gas sales have commenced from South Akcakoca-2, which was put on initial production rates averaging approximately 3.0 MMcf/d between November 4th to 10th. The Company is monitoring production characteristics of the well and is planning to gradually increase production rates over time.
Arthur Halleran, CEO of Trillion Energy stated:
“We are pleased to have achieved gas sales from South Akcakoca-2 ahead of schedule in cooperation with our partner, TPAO. During testing, no gas was vented to the atmosphere as the gas flow was contained within the pipeline production system. This Akcakoca-3 fishing operation could not be done earlier, as the Uranus rig was required due to the mechanical challenges faced. We look forward to perforating and putting the well back on production this week
futr
Trillion Energy Provides Operational Update For SASB Gas Field
Akcakoca-3 Well being readied for perforations as gas sales from the South Akcakoca well commence
November 14, 2022 - Vancouver, B.C. - Trillion Energy International Inc. (“Trillion” or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) is pleased to announce that gas sales have commenced from its first new well (South Akcakoca) and that the borehole for Akcakoca-3 has now been cleared of old wireline through a fishing operation and cleaned, readied for the planned re-perforation operation this week.
An operation to fish the junk from the Akcakoca-3 well has now been successfully completed. After five days, our crew recovered over 600 kgs of lost cable, mill out the old packer and cleared the wellbore. All the lost cable above the packer was recovered, and the old packer was pushed down below the deepest perforation interval.
Images of the “fish” recovered from the Akcakoca-3 well may be found on our Twitter and LinkedIn feed @trillionenergy and will be included in our weekly newsletter that users may sign up for on our website www.trillionenergy.com.
The Akcakoca-3 borehole is now ready for the re-perforation, including the remaining gas-bearing zones totalingapproximately 34 meters of pay. Perforations are anticipated to be completed later this week, with production commencing shortly thereafter.
Natural gas sales have commenced from South Akcakoca-2, which was put on initial production rates averaging approximately 3.0 MMcf/d between November 4th to 10th. The Company is monitoring production characteristics of the well and is planning to gradually increase production rates over time.
Arthur Halleran, CEO of Trillion Energy stated:
“We are pleased to have achieved gas sales from South Akcakoca-2 ahead of schedule in cooperation with our partner, TPAO. During testing, no gas was vented to the atmosphere as the gas flow was contained within the pipeline production system. This Akcakoca-3 fishing operation could not be done earlier, as the Uranus rig was required due to the mechanical challenges faced. We look forward to perforating and putting the well back on production this week.”
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.
Found/Got it.
Thanks B.
found it on another board:
https://us20.campaign-archive.com/?u=5e269838a16742a97c90596c2&id=d6b539e970 11/11/2022 - Weekly Drilling Report: November 9, 2022
Sorry, already deleted it. Email Trillion to get yourself on their emailing list for the weekly drill reports. Come out every Friday.
Damn! That takes balls or desperation.
Elon will chit can that account.
Could see a knee jerk to the other way in price when it’s realized that 17% supply is not going to be seen.
Talk about a gut punch. Stomp some hope. Freeport has been very upfront about its restart after they lied in the beginning of the explosion that they would be back up and running within a month. Now this?
We still have another 2 years of Biden.
Do you have a link ?
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