Mining Stock Education

Trillion Energy is on The Verge of Massive Cashflow (US$100M+ EBITA 2023) says CEO Art Halleran

05.22.2022 - By bill powersPlay

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Trillion Energy is on the verge of generating massive cashflow at its SASB project in the Black Sea just off the coast of Turkey. The company has a drill rig contract signed and purchased long-lead-time items so Trillion is on track to spud its first well this July/August. Five of its 17 wells should be online by the end of this year to capture the expected higher natural gas prices. Rystad Energy sees a possible scenario where European natural gas prices could triple from the current multi-year high levels. At the current $18/mcf price Trillion receives, the projected 2023 EBITA is over US$100M while the current market cap is only about US$70-75M. The company’s cashflow is further projected to increase in 2024 as all 17 planned wells come online.

Trillion Energy also has tremendous blue-sky potential on its natural gas license areas which it is currently seeking to expand. The company’s SASB gas field is located just 100km south of the largest gas discovery (14 TCF+) in 30 years in Europe and is the only nearology play in the region. Art is planning to test the most prospective structures he has identified in 2024 and beyond.

Art has already built several successful energy companies. Once such company is Canacol Energy which he co-founded and now has a US$500M market cap as the largest natural gas producer in Columbia. He has a Ph.D in geology and over four decades of experience in the gas and oil business. Art became involved with Trillion years ago because of the quality of the SASB asset and said, “I'm going to hang onto my shares until I get the shares up to the value it should be.”

0:00 Introduction

1:18 Trillion now getting $18/mcf and that price could triple soon

4:45 At $18/mcf 2023 EBITA over US$100M

6:16 Energy company 5x cashflow multiple should yield US$500M market cap in 2023

7:04 Trillion Energy secured drill rig to spud first wells July/Aug 2022

8:40 Drill program A can result in US$6M/mo cashflow by Dec ‘22

10:45 Trillion has all needed infrastructure already in place

11:30 SASB exploration potential & why Art is confident

13:13 Cendere on-shore oil field cashflow

13:58 Bulgarian 1TCF NatGas project

https://trillionenergy.com/

CSE: TCF - OTCQB: TRLEF - Frankfurt, Z62, Forum

Company presentation: https://trillionenergy.com/wp-content/uploads/2022/02/Trillion-Energy-Investor-Presentation-May-2022.pdf

Rystad Energy explains why Europen natural gas prices could triple from here: https://www.zerohedge.com/commodities/european-natural-gas-prices-triple-perfect-storm

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