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New Listing: Trillion Energy (CSE:TCF)

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With headquarters in Vancouver, and operations based in Ankara, Turkey, the oil and gas company is focused on exploiting its portfolio of existing exploration and development properties in Turkey and Bulgaria which include producing assets in Turkey and a coal bed methane exploration license in Bulgaria.

Additional Information:

Company: Trillion Energy
Website: http://www.TrillionEnergy.com
Stock Symbol: CSE: TCF
Date Published: Feb 12, 2020
Transcript: Available

Video Transcript:

I’m Cassandra Bolinski for Investmentpitch Media

Trillion Energy is one of the latest new listings on the Canadian Securities Exchange, trading under the symbol “TCF”.

With headquarters in Vancouver, and operations based in Ankara, Turkey, the oil and gas company is focused on exploiting its portfolio of existing exploration and development properties in Turkey and Bulgaria which include producing assets in Turkey and a coal bed methane exploration license in Bulgaria.

The Turkey assets consist of oil and gas exploration and production companies which have producing oil and gas fields in Turkey, one of which is offshore and the other onshore.

The company has about a 19.6% interest in the Cendere oil field located in Southeast Turkey, which is a long-term low decline oil reserve and is the company’s principal producing field.

This mature oilfield consistently produces between 125 and 145 barrels of oil per day, net to the company.

The company also owns a 49% working interest in SASB, which holds offshore production licenses.

SASB has four producing fields, each with a production platform plus subsea pipelines that connect the fields to an onshore gas plant.

The company also has another oil and gas asset, a 50% operated interest in the Bakuk gas field Bakuk gas field located in Southern Turkey, which is currently shut-in with no plans to revive production in the near term.

In Bulgaria, the company holds a 98,205-acre oil and gas exploration claim in the Dobrudja Basin located in northeast Bulgaria, where the company intends to conduct exploration for natural gas and test production activities over a five-year period in accordance with its minimum work program.

Management believes the natural gas charged coal seams present an excellent opportunity for Coalbed Methane.

The shares are trading at $0.11.

For more information, please visit the company’s website www.TrillionEnergy.com, call 778-819-1585 or email info@TrillionEnergy.com.

I’m Cassandra Bolinski for Investmentpitch Media