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Podcast: Mining Stock Education
Episode: Trillion Energy is Now Financed to Production (Cashflow in Q4) with CEO Art Halleran
Description: Trillion Energy just secured a US$17.5M royalty-debt deal in order to bring its SASB gas field into production. The company owns 49% of the SASB project in the Black Sea just off the cost of Turkey and has an offtake partner ready to purchase its gas. Drilling will commence in September and the company will see cashflow in Q4. By next summer, Art said, Trillion will be up to about US$4M/month cashflow.
Trillion 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 ju...