Mr. Jim Hill reports

MCF ENERGY UPDATE OF OPERATIONS ON LECH THE KINSAU-1A WELL, LECH EAST, REUDNITZ GAS FIELD AND ERLENWIESE LICENCE IN GERMANY

MCF Energy Ltd. has provided an operational update for the Kinsau-1A well in Lech, Germany, and licence extension information for the Reudnitz gas field and Erlenwiese licence.

Kinsau-1A drilling update, Lech, Germany

The Kinsau-1A well has drilled to a total depth of 3,310 metres measured depth and bottomed in the Jurassic Malm reef carbonate interval. The bottom hole of the new well is within 65 metres of the original Mobil gas discovery well. On Sept. 10, the first target zone, the Lower Cretaceous/Jurassic Purbeck carbonate interval, was penetrated. This is the zone that tested gas at high rates in Mobil's original Kinsau-1 well in 1983. The Purbeck interval was found at a depth of 3,181 metres MD, three metres higher than the original Kn-1. Porosity logs indicate the reservoir facies in Kn-1A have better porosities than seen in Kn-1 with zones of up-to-12-per-cent porosity and streaks as high as 17-per-cent porosity. Preliminary results indicate more than 18 m of reservoir with an average porosity of 8.6 per cent in the Purbeck and a potential hydrocarbon water contact at 3,244 metres MD. Pipe was run and cemented, and the well has stood idle as permits to test and various options to monetize this gas discovery are explored. Several options are available to begin production, and the operator is analyzing the economics of each.

Genexco GmbH, a 100-per-cent subsidiary of MCF Energy, has a 20-per-cent interest in Energieprojekt Kinsau 1 GmbH, the licensee and operator of the Kinsau-1A well.

Lech East

Lech East is a very large concession which covers about 100 square kilometres in Bavaria directly offsetting the Lech discovery block. MCF has reprocessed the 160 square kilometres of 3-D shot by Mobil with the new artificial intelligence and machine learning Paradise software package, and has outlined the best prospective target areas with the same seismic signatures as the Kinsau 1A discovery. The company has allowed the original concession to expire on July 31 and will apply for a smaller concession area, which covers these prospective targets. This smaller concession will greatly reduce the impact on the local communities and watershed and be more environmentally compatible with the area.

Reudnitz, Germany

MCF/Genexco received a 27-month extension of the Reudnitz exploration licence from the Landesamt fur Bergbau Geologie und Rohstoffe to Dec. 31, 2027. The company is currently in talks with a gas processing company to design and build a processing facility for the gas produced from the Reudnitz Z2a horizontal well drilled in the field. A test will be run on the gas to determine the economics of this plant and final design limits.

Erlenwiese, Germany

The company has received the 3-D data covering the prospect and is currently analyzing the data using the Paradise machine learning software. Results are expected very soon, which will trigger a drill or drop decision. On Sept. 12, 2025, Genexco received the extension notice from the Regierungsprasidium Darmstadt, the relevant mining authority of the Federal State of Hesse for the company's Erlenwiese licence. The MA granted a one-year extension to Sept. 13, 2026. MCF is in the process of filing for an extension of this concession.

About MCF Energy Ltd.

MCF Energy was established in 2022 by leading energy executives to strengthen Europe's energy security through responsible exploration and development of natural gas resources within the region. The company has secured interests in several significant natural gas exploration projects in Austria and Germany with additional concession applications pending. MCF Energy is also evaluating additional opportunities throughout Europe. The company's leaders have extensive experience in the European energy sector, and are working to develop a cleaner, cheaper and more secure natural gas industry as a transition to renewable energy sources. MCF Energy is a publicly traded company and headquartered in Vancouver, B.C.

We seek Safe Harbor.