Trillion Energy International Inc. (C:TCF)
Business Focus: Oil & Gas Exploration and Production (NEC)
| Sector: Energy | Industry: Oil & Gas Exploration and Production |
| Company Contact | |
| Address: | Suite 700, 838 W. Hastings Street VANCOUVER BC V6C 0A6 |
| Tel: | N/A |
| Website: | parkplaceenergy.com |
| IR: | See website |
| Key People | ||
| N/A | ||
| Business Overview |
| Trillion Energy International Inc. is a Canada-based oil and gas producing company with multiple assets throughout Turkey and Bulgaria. The Company's segment includes a head office in Canada, oil and gas operations in Turkey and oil and gas properties located in Bulgaria. The Company is 49% owner of the South Akcakoca Sub-Basin (SASB) natural gas field, a 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. The SASB has four producing fields, each with a production platform plus subsea pipelines that connect the fields to an onshore gas plant. Its four SASB fields are located off the north coast of Turkey towards the western end of the Black Sea in water depths ranging from 60 to 100 meters. The Cendere onshore oil field is located in South East Turkey having approximately 25 wells. The operator of the Cendere Field is TPAO. |
| Financial Overview |
| For the six months ended 30 June 2023, Trillion Energy International Inc revenues increased from $2.5M to $12M. Net income totaled $47K vs. loss of $1.9M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net Income reflects Change in fair value of derivative liabi increase from $361K (expense) to $5K (income). |
| Employees: | 17 as of Dec 31, 2022 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $16.53M as of Sep 30, 2023 |
| Annual revenue (TTM): | $25.72M as of Sep 30, 2023 |
| EBITDA (TTM): | $2.66M as of Sep 30, 2023 |
| Net annual income (TTM): | -$5.72M as of Sep 30, 2023 |
| Free cash flow (TTM): | -$57.05M as of Sep 30, 2023 |
| Net Debt Last Fiscal Year: | $13.03M as of Sep 30, 2023 |
| Shares outstanding: | 121,397,267 as of Feb 5, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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