EnergyNewsBreaks – Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) Reports 12% Increase in Year-End 2024 Natural Gas Reserves
Trillion Energy (CSE: TCF) (OTCQB: TRLEF), a natural gas and oil producer, announced highlights from its December 31, 2024, year-end reserve report, showing a 12% increase in total proved plus probable conventional natural gas reserves to 62.3 Bcf. The net present value discounted at 10% (NPV10%) of total proved plus probable reserves reached USD $363.6 million, equating to USD $2.98 per common share. Meanwhile, the NPV10% of total proved reserves decreased by 20% to USD $106.8 million. Total proved plus probable plus possible reserves were valued at USD $630.1 million, and oil reserves at the Cendere field grew slightly to…

