Trillion Energy International Inc (TRLEF)

[Bobwins]

This is a drastic change in plans.

I think Art decided that the risk/reward of the onshore oil vs SASB was a better use of capital.

He stated that all four exploration wells will cost less than each of the SASB wells to drill. That is a significant difference in cost and big oil wells are probably going to out earn the SASB wells as well.

So the drill ship is still coming back in 2024 to complete the drill program, just delayed a bit. In the meantime, Art will drill out more intervals in the existing 6 wells to max production and revs. I still don't think drilling out more intervals will solve the pressure differences between the wells. The higher pressure wells will still mute production from lower pressure wells. But if he can drill out more intervals in the higher pressure wells, overall production/revs should improve.

I believe Art is a pretty careful guy. I trust that he thought about this before changing plans. I bought a few more today at .254. I am going to stick with Trillion until we see if the oil is there.