Dune Oil Corp (CSE:DUNE, OTCQB:TRLEF, FRA:Z620) earlier this week announced the completion of its corporate rebrand from Trillion Energy International, reflecting a strategic shift toward oil exploration while providing an update on financing and exploration activities in southeast Turkey. President Scott Lower told Proactive that the company adopted its new identity following a lengthy review process designed to better align its branding with its evolving business strategy.
Trillion Energy International Inc. (CSE:TCF, OTCQB:TRLEF, FRA:Z620) will change its name to Dune Oil Corp, the company said, as it shifts its strategic focus toward oil development and exploration. The name change takes effect August 4, when the company's shares will begin trading under the new ticker "DUNE" on the Canadian Securities Exchange.
Trillion Energy International Inc. (CSE:TCF, OTCQB:TRLEF, FRA:Z620) has finalized plans for a new 40-kilometre 2D seismic survey on its M47c,d oil block in southeastern Türkiye, with acquisition targeted for late summer 2026. The program covers three priority exploration areas: the South Lead along the southeastern boundary, and the North field discovery area, which includes the area around the Çetinkaya-1 and Çetinkaya-2 wells.
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Sean Stofer CEO | OTC PINK Exchange | 89624B500 CUSIP |
| CA Country | 10 Employees | - Last Dividend | 22 Apr 2026 Last Split | - IPO Date |
Trillion Energy International Inc. is an oil and gas exploration and production company focused on developing assets primarily in Turkey and Bulgaria. Originally founded in 2015 as Park Place Energy Inc., the company rebranded to its current name in April 2019, signaling a new phase in its growth and market positioning. Its operational footprint includes significant interests in several key oil and gas fields, alongside expansive exploration territories that hold potential for future development. The company is strategically headquartered in Vancouver, Canada, enabling it to manage its international assets effectively while leveraging the strategic, financial, and technical expertise available in this global mining and energy hub.
Trillion Energy holds a 49% interest in the SASB natural gas field, a significant asset with established production and infrastructure. This asset represents a major component of the company's natural gas production portfolio, providing a steady stream of revenue and underpinning its growth strategy in the region.
The company owns a 19.6% interest in the Cendere oil field, marking its involvement in the oil sector and diversifying its portfolio beyond natural gas. This stake in an oil-producing field highlights its commitment to tapping into various hydrocarbon resources to enhance its market presence and financial stability.
With a 50% operating interest in the currently shut-in Bakuk gas field near the Syrian border, Trillion Energy holds a potentially valuable asset that could contribute to its reserves and production in the future. This interest underscores the company’s strategy to invest in assets with reactivation and development potential.
The Vranino 1-11 block, encompassing 98,205 acres of exploration land in the Dobrudja Basin, Bulgaria, represents a significant exploration venture for Trillion Energy. Holding a 100% interest, the company is positioned to potentially unlock substantial oil and gas reserves, further expanding its portfolio and enhancing its presence in the European energy sector.