Dune Oil Corp. · CSE:DUNE
Dune Oil — Trillion Energy International — Investor Presentation (February 2021)
17 slides from Dune Oil's investor presentation, February 2021
Slide 1: Company Overview
Company Overview Advancing Development Program to Generate Cash Flow From Proven Natural Gas Reserves in Turkey and Significant Blue Sky Upside February 2021 CSE: TCF Frankfurt:3P2N OTC:TCFF Trillion Energy Akçakoca Gas Production Platform, SASB Gas Field, Black Sea, Turkey
Slide 2: Disclaimers
Disclaimers Certain information in this presentation may constitute "forward-looking" information which involves known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of Trillion Energy Inc. (“Trillion”), or industry results, to be
Slide 3: Company Highlights
Company Highlights • Major Black Sea Natural Gas Field in Turkey • Substantial proven gas reserves -7 wells drilled & ready to enter production, 10+ more high likelihood POS (80%+) wells ready to drill • Historical production to date 2008-current of US$350m =41 Billion Cubic feet • Near-term project
Slide 4: Capitalizing on High Natural Gas Prices in Foreign Markets
Capitalizing on High Natural Gas Prices in Foreign Markets • Turkish natural gas market is dominated by imported gas with strong domestic demand and high prices • Trillion’s gas production is sold into the local market at a gas price tariff set by BOTAŞ Petroleum Pipeline Corporation (“BOTAS”), Turk
Slide 5: Asset Overview - SASB Natural Gas Field, Black Sea
Asset Overview - SASB Natural Gas Field, Black Sea • Trillion owns a 49% interest in SASB through a J.V. with TPAO who owns the remaining 51%. Trillion was operator for initial field development, TPAO manages daily operations • Phase I and II development was completed between 2007 – 2011, with US$60
Slide 6: Gas Reserves Map, SASB Gas Field
GAS RESERVES MAP, SASB GAS FIELD www.trillionenergy Copyright .com Statement 66
Slide 7: Summary of Resource, Reserve Data
Summary of Resource, Reserve Data Summary of GLJ Reserve Data(1) Total Recoverable Gas Estimate Summary (US$MM) Net Net Before Tax NPV Total Reserve, plus 6 prospects (5) Gas 5.0% 10.0% 15.0% Reserve Category (BCF) (US$MM) (US$MM) (US$MM) Best High Proved Producing 0.0 $0.0 $0.0 $0.0 Gross Lease 100
Slide 8: Strong Year over Year Performance
Strong Year over Year Performance *As per December 31, 2019 Report of GLJ Petroleum Consultants Footer **One Barrel of Oil (BOE) is equivalent to 6 mcf natural gas Copyright Statement 88
Slide 9: Exponential gas production growth forecast for 2021-2023
Exponential gas production growth forecast for 2021-2023 The forecast for gas production net to Trillion based on SASB has extensive pipeline infrastructure linking wells GLJ’s independent analysis for the 17 wells: to onshore gas plant : Net Production Forecast (BCF) -17 Wells –Phase III/IV SASB Ga
Slide 10: Cendere Oil Field, Turkey
Cendere Oil Field, Turkey Long Term, $$ Profitable, Low Cost Oil Production Trillion has a 19.6% Interest (except 3 wells in which our interest is 9.8%) in this stable, profitable oil field Trillion Energy Land Block Long term production reserves & cash flow expected Reserves are 299,000 barrels net
Slide 11: Blue Sky Exploration Prospects SASB
Blue Sky Exploration Prospects SASB Major discoveries in the Black Sea Deeper gas potential in the Black Sea • SASB may have deeper prospects and unexplored and unassessed gas potential and in the contiguous blocks to the current production block. • TPAO recently announced between Aug – Oct 2020 a 1
Slide 12: Derecik Licence, Turkey - Overview
Derecik Licence, Turkey -Overview High Impact Oil Field Prospect in the Oil Rich, Zagros Basin Fold & Thrust Belt Trillion Lies within NW extension of Monte Carlo Simulated MMBbls (Un-risked) Energy Zagros fold & thrust belt which has some of the largest oil Swanson’s P90 P50 P10 Mean reserves in th
Slide 13: Trillion is Massively undervalued vs Peers
Trillion is Massively undervalued vs Peers Comparable companies high gas price foreign jurisdictions with proved development stage natural gas assets Trillion Energy International Inc C.TCF (OTC:TCFF) NG Energy Corp. V.GASX Market Cap CND$13m (US$10) Market Cap CND$166m (US$125m) Trillion trades at
Slide 14: Directors & Management Team
Directors & Management Team Dr. Arthur Halleran David Thompson President, CEO & Director CFO & Director Dr. Halleran has served as a director of the Company since October 4, 2011. He has a Mr. Thompson has thirty (30) years of financial experience in the oil and gas industry. He Ph.D. in Geology fro
Slide 15: Corporate Snapshot
Corporate Snapshot Capitalization(1)(2) Ownership Summary Symbol CSE:TCF Holder Common Shares % Of CSO Share Price(3) $0.10 Insiders Arthur Halleran - President, CEO & Director 5,028,434 4.5% Basic Shares Outstanding (approx. Oct, 20 2020) 125m David Thompson - Corporate Secretary, CFO, & Director 2
Slide 16: Contact
Contact CEO Arthur Halleran email: arth@trillionenergy.com Cell: 1-250-996-4211 General Manager, Director Kubilay Yildirim email: kyildirim@parkplaceenergy.com General Inquiries info@trillionenergy.com Admin office (Canada) Head Office / Operations (Turkey) Suite 700 Turan Gunes Bulvari, Park Oran O
Slide 17: Notes To Disclosure of Reserves and Resources
Notes To Disclosure of Reserves and Resources: Statements made herein regarding Reserves, Prospective Resources, Net Present Value (NPV), Discovered petroleum initially-in-place, UPIIP, DPIIP for the SASB Project were derived from the (draft) report titled “RESOURCES ASSESSMENT AND EVALUATION OF SOU
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