Trillion Energy International Inc. provided this operational update and to reiterate its production guidance for the SASB gas field issued on September 25, 2023 subject to revised timing to facilitate evaluation of alternative pump types and installation. On September 25, 2023, Trillion announced its SASB production guidance for the completion of five new wells and one recompletion completed for the work program ending August 2023. Trillion reiterates this guidance, save and except by pushing the program three months forward, due to receiving pumps, some which require remanufacture of well heads to install.

Moreover, the Company anticipates fitting two or three additional legacy wells with pumps by second quarter for a total of eight + producing wells. Two of the added wells were initially part of the sidetrack program, however, to save cost, are now slated as recompletions instead of new sidetrack drilling. Production from these wells is in addition to the six wells and is not included in the above production estimates.

Apli-2: 11.9MMcf/d; West Akcakoca-1: 5.9MMcf/D; Bayhanli-2: 11.9 millionMcf/d; Bayhanli-2; 11.9MMcf-d and Guluc-2: 16.35MMcf/d. Trillion Energy is committed to transparency and operational excellence, and appreciate the ongoing support of stakeholders as advance further on developments within the SASB gas play. Perforation Program Updates: In October 2023, successfully reperforated Guluc-2 and West Akcakoca- 1 wells. Akcakoca-3's perforation was deferred due to a snag causing a tool string challenge.

In addition, 10.4 metres of gas pay will be perforated in South Akcakoca-2. Trillion is confident the perforations will increase production significantly in the wells and that both will receive either velocity string tubing (an alternative to pumps) and or pumps upon arrival of the required parts. Artificial Lift Program Activities and Timeline: 1st quarter 2024 2nd quarter 2024 3th quarter 2024 4th quarter 2024.