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Trillion Energy International Inc. announced its financial results for the year ended December 31, 2023, highlighting two successful financings totaling CAD $25.8 million. The company also reported completion of a drilling program, consolidation of shares, and exploration agreements. Trillion's 2023 activities aimed at optimizing production, reducing downtime, and increasing gas reserves for stable cash flow. The company is mapping new exploration targets and intends to drill new wells in the Cudi-Gabar region. Financially, Trillion reported revenue of $16.8 million for 2023, with a net loss of $10.1 million.
