Trillion Energy Begins Drilling Fifth Well At SASB Gas Field

Development under Trillion Energy’s (CSE: TCF) multi-well program continues apace, with the firm now drilling its fifth well under the program.

Trillion has officially spud the fifth well, to be known as Bayhanli-2, within its SASB gas field in the Black Sea, off the coast of Turkey. The well is said to be targeting a previously discovered gas pool that has not yet been put into production.

Furthermore, Trillion has indicated that the pool is a “significant target,” which may require additional wells to fully produce the known economic reserves. The firm’s website currently suggests 2-5 wells may be needed to fully produce the gas pool.

A long reach directional well bore is currently being used to place the pool into production. The well itself is expected to reach a total measured depth of 3,400 metres, and a vertical depth of approximately 1,200 metres, extending from the East Ayazli offshore tripod.

READ: Trillion Energy Sees 2P Reserves At SASB Gas Field Increase 30%

Drilling has currently been completed to a depth of 496 metres, with the time for drilling, casing, perforation, and testing currently anticipated to take approximately 45 days.

Trillion Energy last traded at $0.385 on the CSE.


FULL DISCLOSURE: Trillion Energy is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Trillion Energy on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.

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