The Globe and Mail reports in its Thursday, Nov. 30, edition that Echelon Partners analyst Adam Gill rates Trillion Energy International "speculative buy" in new coverage. The Globe's Darcy Keith writes in the Eye On Equities column that Mr. Gill set a share target of 75 cents. Analysts on average target the shares at $2.17. Mr. Gill says, "[A] discounted and misunderstood story creates [a] deep value setup" at Trillion Energy. Mr. Gill says in a note: "Trillion is a Turkiye-focused producer, with its main development asset being the South Akcakoca sub-basin ('SASB') offshore Black Sea gas field, and a potentially high-impact oil exploration opportunity in the southeast part of the country in the Cudi-Gabar region. The team is led by seasoned oil man, Dr. Arthur Halleran, who has over 40 years of experience across various countries and was a founder of Colombia producer Canacol Energy. Overall, we believe that if the team can deliver on volumes at SASB, which have been challenged but resolutions are being implemented, the stock will look deeply discounted on valuation with substantial upside for potential for investors today."
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