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Trillion Energy signs LOI with US investment fund to obtain up to US$17.5M in new financing The funds will be used to finance the development of new producing gas wells on the SASB natural gas field, Black Sea The planned financing includes an overriding royalty on gas and oil production and a convertible debt scheme Trillion Energy International Inc (CSE:TCF) (OTCMKTS:TCFF) (FRA:3P2N) has signed a letter of intent (LOI) with a US investment fund to obtain up to US$17.5 million in new financing.  In a statement, the company said the funds will be used to finance the development of new producing gas wells on the South Akcakoca Sub-Basin (SASB) natural gas field, Black Sea. 

Black seaOceans generalArthur halleranCendere oil fieldEnergy international incTrillion energy international incSouth akcakoca sub basinTrillion energyTrillion energy international incNsx tcfகருப்பு கடல்பெருங்கடல்கள் ஜநரல்ஆர்தர் ஹாலரன்ஆற்றல் சர்வதேச இன்க்டிரில்லியன் ஆற்றல் சர்வதேச இன்க்டிரில்லியன் ஆற்றல்