Company information
- Ticker
- TRLEF
- Country
- United States
- Sector
- Energy
- Industry
- Upstream O&G
Trillion Energy International Business Summary
Trillion Energy International Inc. (TRLEF) is an upstream oil and natural gas company that generates revenue through the exploration, development, and production of hydrocarbon assets, primarily in the Black Sea and Southeast Turkey. The company’s business model is centered on the extraction and sale of natural gas and crude oil, with its primary revenue-generating segments located in Turkey, supplemented by prospective unconventional gas properties in Bulgaria. Its flagship asset is a 49% interest in the South Akçakoca Sub-Basin (SASB) gas field, one of the Black Sea’s first major offshore gas developments, alongside a 19.6% stake in the Cendere oil field. Trillion Energy operates as a junior producer in a competitive landscape that includes Valeura Energy, International Petroleum Corp., and Ngx Energy International; it distinguishes itself by leveraging existing offshore infrastructure to fast-track production in the energy-deficient Turkish and European markets. The leadership team is currently led by Sean Stofer, who serves as Interim CEO and Chairman of the Board. Stofer is a professional engineer with over 20 years of experience in energy leadership and a track record of founding successful energy ventures. He is supported by President Scott Lower, a Certified Public Accountant with an extensive background in public market finance, and David Thompson, who serves as the Interim CFO and Director with over 30 years of financial experience in the oil and gas sector. The operational management includes Burak Tolga Terzi, Vice President and Deputy General Manager, who brings 17 years of regional expertise from roles at Valeura Energy and SOCAR. The company’s board also features notable energy lawyer Jay Park KC, while institutional interest has historically included backing from the Tsangs Group.