18:58:32 EDT Thu 16 May 2024
Enter Symbol
or Name
USA
CA



Trillion Energy International Inc
Symbol TCF
Shares Issued 296,436,824
Close 2023-06-08 C$ 0.345
Market Cap C$ 102,270,704
Recent Sedar Documents

Trillion does not say why trading is up

2023-06-09 00:18 ET - News Release

An anonymous director reports

TRILLION ENERGY COMMENTS ON RECENT TRADING ACTIVITY AND PROVIDES YEAR-TO-DATE RECAP

In view of unusually high trading volumes and volatility in the trading of Trillion Energy International Inc.'s common shares in the market today across Canadian exchanges, Trillion has disclosed it is not aware of any material undisclosed information. While the corporation ordinarily does not comment on market activity and speculation, the corporation confirms that it is not aware of any material corporate developments that account for same.

The company is also providing the following recap and highlights of year-to-date activities:

  • As per the June 1, 2023, press release, the drilling rig has moved to the Akkaya platform for drilling of the Alapli-2 well, the sixth well in the company's multiwell program.
  • As per the May 30, 2023, press release, drilling successes at SASB have resulted in record revenues of $6.2-million (U.S.) being reported in the March 31, 2023, first quarter quarterly financial results.
  • As per the June 1, 2023, press release, record production was achieved at the recent Bayhanli-2 well by perforating eight intervals within the E, D, C, A and AA gas sand reservoirs resulting in initial production flow rates between eight million and nine million cubic feet per day.
  • Additional rig-less wireline perforations are being planned this month for certain wells on the Akcakoca platform to increase and maintain natural gas production levels.
  • Natural gas prices are confirmed unchanged at about $14 (U.S.) per thousand cubic feet for June, 2023.

About Trillion Energy International Inc.

Trillion is focused on natural gas production for Europe and Turkey with natural gas assets in Turkey. The company is 49-per-cent owner of the SASB natural gas field, one of the Black Sea's first and largest-scale natural gas development projects; and a 19.6-per-cent (except three wells with 9.8 per cent) interest in the Cendere oil field.

We seek Safe Harbor.

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