Company
Dune Oil Corp
CNSX:TCF
Dune Oil Corp is a Canadian oil exploration company focused on Türkiye. The company has an agreement to earn up to a 29% working interest in the M47 oil exploration block (C3 and C4 licences) located in the Cudi-Gabar petroleum province of southeastern Türkiye.
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Trillion Energy closes first tranche of its previously announced non-brokered private placement
In connection with the first tranche, the company issued an aggregate of 46,368,643 units at a price of $0.165 each for aggregate gross proceeds of $7,651,000
Trillion Energy plans non-brokered private placement for aggregate gross proceeds of up to a maximum of $10M
Art Halleran, Trillion Energy CEO, commented: "This non-brokered private placement allows Trillion to purchase the long lead well drilling consumable items and to pay the secure deposit for the Drilling Rig to allow the July 2022 start dril
Trillion Energy says Russian-Ukraine conflict not expected to adversely impact its SASB natural gas project in Black Sea region
The company also said its SASB gas field development plan 'will help mitigate any natural gas supply risk' to Europe or Turkey
Trillion Energy inks MoU for drilling services with GSP Offshore SRL
The drilling is aimed at the company's planned SASB natural gas production and development program in the Black Sea
Trillion Energy hires Schlumberger to provide services for new well drilling in Black Sea
Schlumberger will design long reach, directionally drilled development wells, capable of reaching more than 2 kilometers (km) horizontally from the rig location /production platforms, eliminating the necessity for costly subsea tie-ins for
Trillion Energy says it's moving closer to bringing SASB field into production this year as energy markets strengthen
In a corporate update, the Vancouver-based oil and gas firm said it was negotiating a letter of intent with a drilling services provider near the Black Sea region and it expects the rig would "be able to commence service at the SASB gas fie
Trillion Energy redomiciles successfully from Delaware to British Columbia corporation
The company said the move is fundamental to reduce costs and regulatory filings and is pivotal to securing a brokered financing with a Canadian investment bank to fund the development of its SASB Gas field
Trillion Energy International says ‘trifecta of circumstances’ driving natural prices sharply higher
For January 2022, the company is selling at US$13.07 million cubic feet (mcf) amid seasonal supply shortages and strong regional demand, compared to the average price of US$8.84/mcf in 2021
Trillion Energy International sees “significant” increase in SASB Gas field’s NPV on rising commodity prices
The company noted the combined net present value (NPV) for the 2P (proven and probable) gas reserves is US$169.3 million, up from the previous estimate of US$138.6 million
Trillion Energy commences report update on its Black Sea-based SASB gas reserves and resources
The company made the decision based on skyrocketing commodity prices and in advance of its anticipated 17-well drilling program planned for early 2022
Trillion Energy International swings to $5.4M profit in 3Q as higher commodity prices boost performance at European oil and gas operations
The company reported revenue of US$879,000 during the three-month period to end September 2021, an increase of 78% year-over-year
Trillion Energy International announces upcoming shareholder vote to move company to Canada
The company said the redomicile is intended to better align Trillion's corporate structure with its current and future business activities and plans to fund development of its SASB Gas field off the shores of Turkey
Trillion Energy International unveils plan to redomicile from Delaware, USA, to British Columbia, Canada
The company said the redomicile is intended to better align Trillion's corporate structure with its current and future business activities and financing plans
Trillion Energy International is quickly becoming an energy powerhouse in Eastern Europe
The Canadian junior has a 49% interest in the SASB natural gas development project in Turkey, one of the Black Sea region’s largest undeveloped natural gas projects
Trillion Energy sees its six-month revenue climb 53% to nearly US$2M on higher oil and gas prices
The company said revenues are expected to continue to increase due to escalating natural gas prices in Turkey, which recently hit US$5.80 per million cubic feet (MCF).
Trillion Energy says it is benefitting from rising petroleum prices
The company said increases in commodity prices have improved cash flows and are expected to have a positive effect on its upcoming Saturn Rig drilling program at the SASB gas field
Trillion Energy kicks off SASB gas development project in the Black Sea
It is triggering the acceleration provision in all outstanding stock and purchase warrants issued during 2020 to provide additional working capital for the drilling program
Trillion Energy signs LOI with US investment fund to obtain up to US$17.5M in new financing
The funds will be used to finance the development of new producing gas wells on the SASB natural gas field, Black Sea
Trillion Energy kicks off work program to expand SASB license area in the Black Sea
The oil and gas producing company has hired a geophysical firm to assess additional gas resource potential of surrounding blocks
Trillion Energy, the Turkey and Bulgaria-focused oiler, reveals latest year-end reserves report
The report assessed oil reserves on the group's Cendere oil field as well as four developed, unproduced gas pools on the SASB gas fields, Black Sea
Trillion Energy International announces plans to expand its offshore acreage at the SASB Gas field
Trillion Energy CEO Arthur Halleran commented: “The best place to look for more gas is within the area you are already producing gas. We have substantial existing infrastructure in the area and good knowledge of the basin given our extensiv
Trillion Energy eyeing higher revenues from Cendere field in Turkey after well workovers
Combining the production increase with higher crude prices, the oiler is now on track to exceed its 2019 oil revenues at the field
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NA Proactive news snapshot: Canada Silver Cobalt, Revive Therapeutics, Albert Labs, Algernon Pharmaceuticals UPDATE...
A glance at some of the day's highlights from the Proactive Investors US and Canada newswires
Trillion Energy poised to start re-development at SASB gas field in Black Sea as commodity prices recover
In the Phase III work program, the plan is to sink five new wells at the shallow water asset and conduct two or more workovers
Trillion Energy International has fair value of $0.24 per share, says Fundamental Research analyst
The analyst firm recently initiated coverage of the gas producer with a Speculative Buy rating
Trillion Energy International set for more investigation at its SASB gas field in the Black Sea after further discovery by TPAO's Tuna-1 well
On October 17 this year, TPAO announced a further increase to the size of the Sakarya field as the Tuna-1 well encountered a further 30m of gas pay
Trillion Energy poised to hunt deeper for gas in the Black Sea after TPAO's Tuna-1 discovery
The discovery, named the Tuna-1 field, was made by the Turkish national petroleum company (TPAO)