RegulatoryJun 11, 2026, 06:07 AM
Trillion Energy Files 2025 Financials; Applies for MCTO Revocation
AI Summary
Trillion Energy International Inc. announced the filing of its annual audited financial statements, MD&A, and annual report for the year ended December 31, 2025. This filing was delayed due to a strategic pivot towards onshore oil exploration, including asset write-downs and engaging a new reserves reporter. With the filings complete, the company has applied for the revocation of its management cease trade order (MCTO). The company highlighted its 29% earn-in interest in Türkiye's M47c,d Block, which has a 2C Contingent Resource of 27.6 MMbbl and an unrisked NPV-10 of US$733.5 million net to Trillion.
Key Highlights
- Filed annual audited financial statements for year ended December 31, 2025.
- Applied for revocation of management cease trade order (MCTO).
- Holds 29% earn-in interest in Türkiye's M47c,d oil exploration block.
- 2C Contingent Resource of 27.6 MMbbl (24,186 MSTB net) on North Discovery.
- Unrisked NPV-10 of US$733.5 million net to Trillion's 29% interest.
- Risked expected value of US$594.2 million with 81% chance of development.
- Unrisked resource potential of 51.6 MMbbl net across three prospects.
- Two-year funding commitments of approximately US$15.0 million.
Price Impact
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