Trillion Energy International Inc. is pleased to announce it has signed a Memorandum of Understanding to obtain drilling services from GSP Offshore SRL . The services are for the Company's planned SASB natural gas production and development program in the Black Sea. We selected GSP as its Uranus jack-up drilling Rig is currently located in the Black Sea, thus, reducing costs of mobilization and because GSP has previously [...]
Trillion Energy International Inc. is pleased to announce it has signed a purchase order with Schlumberger to provide all well engineering design services and drilling support for new well drilling operations at the SASB gas field, Black Sea. Schlumberger is the world's leading provider of technology for drilling and production to the global energy industry. SLB's services will include design and engineering of: well [...]
The Power Play by The Market Herald has announced the release of new interviews with Trillion Energy and Sprout AI on their latest news. The Power Play by The Market Herald provides investors with a quick snapshot of what they need to know about the company's latest press release through exclusive insights and interviews with company executives. Trillion Energy engages Schlumberger for well engineering services Trillion [...]
Trillion Energy International Inc. is pleased to provide a corporate update at this time. Natural Gas Prices Prices for natural gas in Europe continue to remain strong with upwards pressure due to several sources: the recent curtailment of Iraqi natural gas entering Turkey; increases consumption throughout Europe and the region; regional continued supply shortage and speculation that restrictions in natural gas supply may [...]
Trillion Energy International Inc. is pleased to announce that the previously announced proposed merger and continuation to redomicile from Delaware to a British Columbia corporation has been completed and is now effective. As noted in prior releases, the Company considers the move fundamental to reducing costs and regulatory filings and is pivotal to securing a brokered financing with a Canadian investment bank to fund [...]
The Power Play by The Market Herald has announced the release of new interviews with Nextech AR, Trillion Energy, and Galleon Gold discussing their latest press releases. The Power Play by The Market Herald provides investors with a quick snapshot of what they need to know about the company's latest press release through exclusive insights and interviews with company executives. Nextech AR signs deal with multinational [...]
Trillion Energy International Inc. recently received a price increase for sale of natural gas to approximately USD $13.07/mcf amid seasonal supply shortages and strong regional demand. The price increase was effective January 2022. In contrast this USD $13.07/mcf, the average natural gas sale price received during 2021 was approximately USD $8.84/mcf. The Company believes a trifecta of circumstances have resulted in the [...]
Trillion Energy International Inc. is pleased to announce the results of its December 17, 2021 Special Meeting of Stockholders . The sole issue voted on at the meeting was the proposed redomicile from Delaware to British Columbia. A total of 100,777,850 shares, representing 54.45% of shares outstanding, were represented at the meeting in person or by proxy. The results of the vote were as follows: Total % For 100,590,673 [...]
Trillion Energy International Inc. is pleased to announce that it has been invited to present at the Emerging Growth Conference on December 8, 2021 and invites individual and institutional investors as well as advisors and analysts, to attend. The Emerging Growth Conference is presenting the Company at 1PM EST on December 8, 2021 for 30 minutes. This live, interactive online event will give existing shareholders and the [...]
Trillion Energy International Inc. is pleased to announce completion of an update to its reserves and resources for the SASB Gas field as prepared by GLJ, Ltd , an independent third-party consulting firm. The Company assessed its natural gas resources it plans to develop in its Phase III and Phase IV development programs set to commence mid-2022. The report does not contain an assessment of Phase V gas work program or any [...]
Trillion Energy International Inc. is pleased to announce it has commenced its annual update of its SASB gas reserves and resources early this year due to skyrocketing commodity prices and in advance of its anticipated 17 well drilling program planned to commence early 2022. As with earlier assessments, the update report will be prepared by GLJ Ltd , a credible, independent third-party consulting firm . The Update Report [...]
Trillion Energy International Inc. is pleased to announce the financial highlights of its third quarter ending September 30, 2021. Third Quarter Financial Highlights: Oil and Gas revenue for the nine months ended September 30, 2021 was US $2,837,024 compared to the same period in 2020 of US $1,773,073, an increase of 60%. For the three months ended September 30, 2021 revenue was US $879,207 compared to US $493,609 for the [...]