I'm excited to see Trillion Energy prove the skeptics wrong with their upcoming work program. In 2023, they drilled a total of five wells, achieving a perfect 5 out of 5 success rate. This year, the company plans to conduct eight workovers—five from their 2023 program and three additional ones—at a cost of $2.7 million. By the end of the year, Trillion Energy aims to increase production to an exit rate of 8.5 million cubic feet per day (mmcf/d) for existing wells.
There's a lot of misguided opinions and slander being thrown around, but I urge you to do your own due diligence as I have. You'll see that this is a seriously mispriced situation and a great investment opportunity, in my opinion. I'm buying the stock.