Trillion Energy International Inc. (TRLEF) Earnings

Trillion Energy International, Inc. is an oil and gas producer company. The company is headquartered in Vancouver, British Columbia and currently employs 10 full-time employees. The company went IPO on 2006-07-20. The firm is a 49% owner of the SASB natural gas field, a Black Sea natural gas development and a 19.6% (except three wells with 9.8%) interest in the Cendere oil field. SASB has several natural gas fields, four production platforms plus 18 kilometers (km) of subsea pipelines connecting the gas fields to an onshore gas processing facility. SASB is located off the northwest coast of Turkey in the Black Sea. Its focus is on increasing conventional natural gas production at its SASB field located in the Black Sea, Turkey, where it has initiated a multi-well development drilling program, the SASB Development Program. Cendere oil field is a long-term, low-decline, stable oil production field located in Turkey. The company holds a farm-in agreement to earn a 50% working interest in three oil exploration blocks (the Farmin) comprised of 151,484 hectares.