The two opportunities that have appeared
on-shore made this strategy change a very
good idea. The SASB wells have proven the
SASB is there for the taking, but these two
new opportunities, especially the oilfield
surrounded by production, are a much better
deployment of Trillion's money for now. The
6 SASB wells when they get them all balanced
at between 9 and 10 Mmcf each are going to
be a beautiful "Ca$h cow" and also..... the
meter stops on the daily cost of The Rig.
I keep telling you people this and some of you
aren't listening:
This is NOT Art's first rodeo. These two new
players came to Art, not he to them. That says
it all. My next expectation is that Trillion will
get the additional blocks adjacent to SASB for
which they've applied and will surely get, given
the success to-date at SASB. Once those are
in hand, Art can cut a farm-OUT deal to some
JV partner and that will also raise Ca$h to put
to work on the two new on-shore Projects.
Bullish