Mr. Jim Hill reports

KINSAU-1A OPERATIONS UPDATE

MCF Energy Ltd. has provided an operational update for the Kinsau-1A well in Lech, Germany.

Genexco GmbH, a 100-per-cent subsidiary of MCF Energy Ltd., is a 20-per-cent partner in the Kinsau gas project. The gas project located in southern Bavaria is currently progressing, with construction of the Kinsau-1A drill site completed. The regional mining authority in Bavaria (in German: Bergamt Sudbayern) has inspected and approved the drill site so the location is now ready for drilling.

All long-lead items have been purchased and will be delivered on site. A rig contract has been signed with Red Drilling and mobilization to the Kinsau-1A well site is anticipated after release from current operations in Austria in the coming few weeks.

It is projected that the Kinsau-1A well will drill for 30 days early in Q3 2025. After drilling is completed, testing will be performed with a workover rig, so well results will likely be known in the third quarter of 2025. Discussions are occurring with a local pipeline company for future pipeline construction and offtake.

The well will provide Bavaria with yet another option to reduce dependency from imported energy by using domestic resources, as occurs in other hydrocarbon wells in southern Bavaria.

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.

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