Notes of interest from latest Trillion videosMaybe I've missed some of the discussion by others, but I found the most recent interview of Art by Kerry Lutz revealed some interesting details
https://t.co/lpPtlMFHGj?ref_src=twsrc%5Etfw%7Ctwcamp%5Eembeddedtimeline%7Ctwterm%5Escreen-name%3ATrillionEnergy%7Ctwcon%5Es1_c14 1) At the 8 minute mark, Art confirms that the rig is not needed for future perforations of the other zones. They can do that from the platforms. Many of you probably knew that already, but was good for me to hear that confirmation.
2) Art talks about the mud being better and they think they can drill the next well faster (West Akcakoca 1). That's at the 10:15 mark of the video.
3) Around 18:05 of the video, Art says that after he gets a couple more wells on production, he's going after off-block exploration. To me, that would be another boost to the company and stock price, and the off-block exploration process sounds like it will happen faster than i was expecting. Hopefully trillion is successful in getting those other block(s). At the 19 minute mark, Art mentions that these smaller fields would not be that cost-effective for other companies as they have to start from scratch with building platforms and onshore facilities. Trillion has all of that in place already so we have a leg up on competition in the area.
4) Around the 21 minute mark Art mentions they might put the facilitities on the balance sheets after a couple more wells as they can now put a value to the infrastruction since they're producing. They couldn't do that before.
In the other video by Departures Capital
https://youtu.be/dgAqhBrVuO0 (which was released more recently but is actually more dated than the Kerry Lutz video), i found it interesting at the 8:15 mark that they'll perforate the upper sands of the first well in 4-5 years. That tells me we'll have producing wells for a long time and seems to be longer than I remember them originally projecting.
All in all, the upside of TCF seems to be getting better and better. GLTA