Mr. Arthur Halleran reports

TRILLION ENERGY PROVIDES UPDATE ON SASB VS INSTALLATION

Trillion Energy International Inc. has provided an update on the velocity string installation program at the SASB gas field.

On Oct. 27, the snubbing unit was positioned over the Akcakoca-3 well where 2-3/8th-of-an-inch production tubing (velocity string or VS) was run into the well through the existing 4-1/2 tubing. The operation was completed on Oct. 29. The well continued to flow throughout the operation.

Following the VS installation, Akcakoca-3 production increased from approximately 2.0 million cubic feet per day (average production for the 27 days prior to installation) to 2.6 MMcf/d (average production first four days post-VS). The company continues to monitor production from the well at this time.

On Oct. 30, 2024, a 2-3/8th-of-an-inch velocity string was run into the West Akcakoca-1 well using the snubbing unit. The operation was completed by Nov. 1, where the velocity string reached a total measured depth of 3,496 metres. The West Akcakoca-1 well was not producing prior to the operation, and gas production is expected to resume following nitrogen stimulation being applied.

Currently, VS is being run into the Guluc-2 well. The velocity strings are being installed with the objective of reducing water loading issues in the SASB gas wells.

About Trillion Energy International Inc.

Trillion is focused on oil and natural gas production for Europe and Turkey with natural gas assets in Turkey. The company is 49-per-cent owner of the SASB natural gas field, a Black Sea natural gas development and a 19.6-per-cent (except three wells with 9.8-per-cent) interest in the Cendere oil field.

We seek Safe Harbor.