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Podcast: Mining Stock Education
Episode: Trillion Energy is on The Verge of Massive Cashflow (US$100M+ EBITA 2023) says CEO Art Halleran
Description: 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...