Source: Trillion Energy International.
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Trillion Energy (CSE:TCF) is exploring energy opportunities in the Bulgaria and Türkiye region with a global energy trading company
  • The parties have signed a non-disclosure agreement to share information on a confidential basis regarding potential new business opportunities
  • The natural gas trading company had 2022 revenue of more than US$100 billion and is involved in buying, distributing and selling natural gas
  • Trillion Energy opened trading at $0.37 per share

Trillion Energy (CSE:TCF) is exploring energy opportunities in the Bulgaria and Türkiye region with a global energy trading company.

The parties have signed a non-disclosure agreement to share information on a confidential basis regarding potential new business opportunities.

Both agree that discovering new sources of natural gas in the European region is paramount. They see significant opportunities to gain access to pipeline infrastructure to transport gas in the region, with the implementation of the interconnector Greece-Bulgaria as well as the expanded infrastructure in Türkiye and Bulgaria.

The aim is to advance the Vranino 1-11 exploration block in Bulgaria, which has coal-bed methane natural gas exploration potential, as well as opportunities in Türkiye.

The natural gas trading company had 2022 revenue of more than US$100 billion and is involved in buying, distributing and selling natural gas.

Trillion Energy is focused on natural gas production for Europe and Türkiye with natural gas assets in Türkiye and Bulgaria.

Trillion Energy opened trading at $0.37 per share.

Join the discussion: Find out what everybody’s saying about this stock on the Trillion Energy Bullboard, and check out the rest of Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.


More From The Market Herald

@ the Bell: Fear of higher interest and prices weighs on the TSX

Financial stocks led the decliners on the TSX as the Bank of Canada said there’s a risk that prices will only be raised more…

WK Kellogg Co shares drop after spinout from Kellanova

WK Kellogg Co (NYSE:KLG) has officially launched its shares on the New York Stock Exchange as an independent company.

Bombardier stock continues market-beating rally with unique offering

Bombardier, an outperforming aviation stock, is in the green after debuting a strategic expansion of its cost-per-flight-hour program.

Diversified mining stock hits mineralization on 50th consecutive drill hole

Green River Gold, a diversified mining stock, is announcing positive drill results from its Quesnel nickel project near Quesnel, B.C.