Three new side-track wells added to program for total of 11 planned well operations during 2023 Vancouver, B.C., Jan. 10, 2023 (GLOBE NEWSWIRE) — Trillion Energy International Inc. (“ Trillion ” or the “Company ”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62). Trillion Energy is pleased to announce that it has identified several additional opportunities to increase production at the SASB gas field during 2023 by adding three side-track wells to its development program. The total number of wells now contemplated in the SASB development program has increased from seventeen (17) to twenty (20). Eleven of these well operations are anticipated to occur during 2023, which will result in rapidly increased quantities of natural gas production during the year. Side-track wells and workovers take relatively less time than long reach directional wells (10-30 days vs 45-48 days for a new drill), thus, allowing for an increase in the number of planned wells for 2023. The side-tracks cost about $3 million less per well than long reach directional wells as they utilize a large section of an existing well bore where a “window” is then milled out from the existing casing to create the new well. The South Akcakoca2 well was […]
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