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