- Trillion (TCF) has begun its multi-well drilling program on the SASB natural gas field in the Black Sea
- The company plans to drill an initial seven wells followed by an additional ten wells prior to further exploration
- First gas production is planned for early November 2022
- CEO Arthur Halleran sat down with Sabrina Cuthbert to discuss the drilling program
- Trillion Energy International is an oil and gas producer with assets throughout Turkey and Bulgaria
- Trillion Energy (TCF) is up by 4.25 per cent trading at $0.49 per share
Trillion (TCF) has begun its multi-well drilling program on the SASB natural gas field in the Black Sea.
The Uranus Rig was mobilized to the Akçakoca platform where the first wells are being drilled following maintenance and weather delays.
The company will drill three directional wells from Akçakoca, plus one recompletion of an existing well, over an estimated six-month timeframe.
First gas production is planned for early November 2022, with sales soon to follow, at a time of acute fuel shortages in Europe and Turkey. Trillion will receive monthly revenue (US$31/mcf) under its existing gas contract to fund further drilling.
After finalizing its work at Akçakoca, the rig will move to the next of SASB’s three platforms to continue the work program.
Trillion plans to drill an initial seven wells followed by an additional ten wells prior to further exploration.
CEO Arthur Halleran sat down with Sabrina Cuthbert to discuss the drilling program.
Trillion Energy International is an oil and gas producer with assets throughout Turkey and Bulgaria.
Trillion Energy (TCF) is up by 4.25 per cent trading at $0.49 per share as of 9:35 am EST.