> Best / Podcasts

Trillion Energy's Cash Flow to Double in Coming Weeks

We were joined by Trillion Energy’s (TCF 🇨🇦: TRLEF 🇺🇸: Z62 🇩🇪) CEO Arthur Halleran for a sponsor update. First, Art dispelled all concerns of a possible equity raise. He explained that the ongoing drill program well-funded, with materials and consumables for the first 7 wells currently being warehoused at their onshore facility. The company has ample cash on hand, and as additional wells come on-stream, cash flow will only increase. They received a $6.9 million cash call from their partner and another $7 million is expected in March. Art emphasized that he is not looking to dilute his shareholdings any further. To date, Trillion has drilled 4 wells...
Load Podcast Series

Published: 1676823965

You Might Also Like