Off-market insider buying at Trillion Energy Intl (TCF)

Off-market insider buying at Trillion Energy Intl (C:TCF)

Arthur Alvin Halleran, a Senior Officer and Director, acquired 2,730,000 Common Shares on an indirect ownership basis for registered holder 2476393 Alberta Ltd. at a price of $0.200 through a prospectus or prospectus exempt offering on January 31st, 2024. This represents a $546,000 investment into the company's shares and an account share holdings change of greater than 100%.

Trillion Energy Intl is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

Trillion Energy International Inc. is a Canada-based oil and gas producing company with multiple assets throughout Turkey and Bulgaria. The Company's segment includes a head office in Canada, oil and gas operations in Turkey and oil and gas properties located in Bulgaria. The Company is 49% owner of the South Akcakoca Sub-Basin (SASB) natural gas field, a natural gas development projects; a 19.6% (except three wells with 9.8%) interest in the Cendere oil field, and in Bulgaria, the Vranino 1-11 block, a prospective unconventional natural gas property. The SASB has four producing fields, each with a production platform plus subsea pipelines that connect the fields to an onshore gas plant. Its four SASB fields are located off the north coast of Turkey towards the western end of the Black Sea in water depths ranging from 60 to 100 meters. The Cendere onshore oil field is located in South East Turkey having approximately 25 wells. The operator of the Cendere Field is TPAO.