Trillion Energy International Inc (QB) (TRLEF)

Trillion Energy Advances Additional Earn-In Payment on M47 Oil Block and Plans Upcoming SeismicJune 4, 2026 9:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - June 4, 2026) - Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) (FSE: Z62) ("Trillion" or the "Company") is pleased to announce that it has made a further cash payment of US$250,000 toward its earn-in obligations for a 29% participating interest in the M47c,d oil block, an onshore exploration asset located in the Cudi-Gabar petroleum province of southeastern Türkiye. The payment will be applied against the work program commitments under the Company's Definitive Farm-In Agreement on the M47 Concession. This payment follows the previous US$250,000 instalment announced on May 4, 2026, bringing total earn-in payments advanced to date to US$500,000 of the Company's US$9.5 million 2026 -2027 work program commitment under its Earn-in Agreement on the M47c,d Concession "the Block".Scott Lower, President of Trillion Energy, stated: "The Gabar regional fields are currently producing around 80,000 barrels of oil a day, roughly 8% of Türkiye's demand, with a stated target of 100,000 bbl/d. M47 Block is significantly underexplored relative to the drilling occurring about the Block to the North and East, which has generated five new producing oil fields in about five years. Currently, approximately 40 rigs are working on a 140 well location inventory (2026) just beyond the block's perimeter. It's time to play catch up."With this latest payment advanced, Trillion along with its partners are preparing upcoming seismic program on the Block which is anticipated to generate several new additional leads. Currently, only approximately 25% of the Block is covered by seismic, with key areas of interest, particularly on the eastern block line, now to be studied. The new seismic is expected to generate four to six additional drillable exploration locations, which are not currently covered by the Company resource assessments. Project Highlights29% working interest in block M47c,d, earned by funding US$15 million across two work program tranches; US$500,000 advanced to date against the US$9.5 million first tranche.Independent NI 51-101 contingent resource of 27.6 MMbbl 2C (24,186 MSTB net to Trillion) on the North Prospect, with an unrisked NPV-10 of US$733.5 million and a risk-adjusted value of US$594.2 million. (Chapman, effective December 31, 2025, see Company's news release April 16, 2026, for further details).Two further prospects, Central and Findik South, add a combined after-risk NPV-10 of US$215.7 million, with the North Prospect 3C estimate at an unrisked NPV-10 of US$1.18 billion. (Chapman: December 31, 2025).The 2025 Çetinkaya-1 well confirmed 38 metres of net oil pay at 32.4° API light oil with 160 metres of reservoir left undrilled at 2,455 m.Two routes to first cash flow: a recently completed regional pipeline network (over 150,000 boe/d capacity) with Sehit Esma Çevik as the first tie-in, plus truck haul to the Tüpras Batman refinery (130 km).Figure 1. Cetinkaya-2 Well Drill rig on M47 BlockTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6490/300120_2974606f34ffd990_001full.jpgAbout the M47c,d Oil BlockThe M47c,d oil block covers approximately 450 km² within the Cudi-Gabar petroleum province, one of Türkiye's most active onshore oil regions. Block M47C3,C4 is located approximately 11 km southeast of Türkiye's largest onshore light oil discovery, the Sehit Aybüke Yalçin field, which contains oil in the same Beloka and Mardin Group carbonate reservoirs as M47. The region hosts significant established production, with approximately 100 analogue wells operating within a 10-to-12-kilometre radius, targeting the same Mardin and Beloka reservoir intervals that Trillion plans to explore and evaluate on M47.As previously announced on April 16, 2026, an independent third-party resource evaluation identified meaningful contingent and prospective oil resources on the Block, providing a strong technical foundation for the upcoming work program.About Trillion Energy International Inc.Trillion Energy International Inc. is a Canadian oil exploration company focused on Türkiye. The Company has an agreement to earn a 29% working interest in the M47 oil exploration block (C3 and C4 licences) located in the Cudi-Gabar petroleum province of Southeastern Türkiye. The earn-in includes funding a total of US$15 million for 2026 and 2027 work commitments. More information may be found on www.sedarplus.ca and on the Company's website at www.trillionenergy.com.Requests for further information should be directed to:Scott Lower, President
e-mail: info@trillionenergy.com
Trillion Energy International Inc.
Suite 700, 838 West Hastings Street
Vancouver, B.C., V6C 0A6
Corporate offices: 1-778-819-1585
Website: www.trillionenergy.com Cautionary Statement Regarding Forward-Looking Information
This news release contains "forward-looking information" within the meaning of applicable Canadian securities laws, including but not limited to: statements regarding the Company's earn-in obligations and the funding of its work program commitments on the M47 Concession; the Company's strategic direction and focus on the M47 block; the anticipated exploration and drilling program and timing thereof; and the business and affairs of the Company generally. Forward-looking information is based on a number of assumptions including, without limitation: JOC partner approvals; prevailing oil prices and foreign exchange rates; access to capital; and the availability of required services and equipment. Forward-looking information is subject to known and unknown risks, uncertainties and other factors, many of which are beyond the Company's control, that may cause actual results to differ materially, including: commodity price risk; drilling and operational risk; regulatory risk in Türkiye; JOC partner risk; access to financing; and currency risk. Readers are cautioned not to place undue reliance on forward-looking information. The forward-looking information contained in this news release is made as of the date hereof and the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise, except as expressly required by applicable securities law.Oil and Gas Disclosure, COGEH / NI 51-101
This news release has been prepared in accordance with National Instrument 51-101, Standards of Disclosure for Oil and Gas Activities ("NI 51-101") and the Canadian Oil and Gas Evaluation Handbook ("COGEH").
References to production rates and reservoir characteristics at the Sehit Aybüke Yalçin and Sehit Esma Çevik fields, and to current Gabar production of approximately 80,000 barrels per day and the 100,000 barrels per day government target, are based on publicly available information reported by Türkiye Petrolleri Anonim Ortakligi ("TPAO"), Türkiye's Ministry of Energy and Natural Resources, and public media sources. These fields are operated by TPAO and Trillion Energy has no direct knowledge of their subsurface or production data. Production rates and targets at analogue fields are not necessarily indicative of production rates that may be achieved at Block M47C3,C4.Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this news release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300120 Original: Trillion Energy Advances Additional Earn-In Payment on M47 Oil Block and Plans Upcoming Seismic

Trillion Energy Announces filing of Year-Ended December 31, 2025 Financial StatementsMay 26, 2026 11:38 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - May 26, 2026) - Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) (FSE: Z62) ("Trillion" or the "Company") today announces that it has filed its annual audited financial statements, MDA and annual report for the year ended December 31, 2025 on SEDAR+ at www.sedarplus.ca and has submitted for applied for revocation of its MCTO. Additional time was required in connection with the Company's strategic pivot, write down of historical assets (which were disposed of earlier this year) and engagement of a new independent reserves reporter -all in connection with the Company's pivot to onshore oil exploration. Trillion is focused on advancing the M47c,d Block in southeastern Türkiye, in which a light conventional oil discovery was made during 2025 as described in the Company's April 14th and 16th press releases. Project Highlights29% earn-in interest in block M47c,d2C Contingent Resource of 27.6 MMbbl (24,186 MSTB net) on the North Discovery, with an unrisked NPV-10 of US$733.5 million and a risked expected value of US$594.2 million (81% chance of development) net to Trillion's 29% working interest.Unrisked resource potential of 51.6 MMbbl net to Trillion across three prospects - North (Contingent), Central, and Findik (South) Light oil confirmed at 32.4° API gravity The M47 block lies approximately 11 kilometres from the Sehit Aybüke Yalçin oil field, Türkiye's largest onshore oil discovery, the Sehit Esma Çevik oil field (5-6 km), Yagizoymak field (approximately 2 km), and Bulmuslar field (approximately 4 km) Two-year funding commitments of approximately US$15.0 million.Filings and Regulatory MattersThe annual filings consist of the Company's audited consolidated financial statements, management's discussion and analysis ("MD&A") and related CEO and CFO certifications under National Instrument 52-109 for the year ended December 31, 2025. The audited consolidated financial statements have been prepared in accordance with IFRS Accounting Standards as issued by the International Accounting Standards Board and have been audited by MNP LLP in accordance with the standards of the Public Company Accounting Oversight Board (United States). The Company expects to file its condensed interim consolidated financial statements, MD&A and related CEO and CFO certifications for the three months ended March 31, 2026 on or about Friday, May 29, 2026, in accordance with National Instrument 51-102 - Continuous Disclosure Obligations.With the annual filings now completed, the Company has applied to the British Columbia Securities Commission, for revocation of the management cease trade order effective May 1, 2026 under National Policy 12-203.The Company's annual filings, interim filings and reserves disclosures are available under the Company's profile on SEDAR+ at www.sedarplus.ca, on EDGAR at www.sec.gov/edgar.shtml and on the Company's website at www.trillionenergy.com.About Trillion Energy International Inc.Trillion Energy International Inc. is a Canadian oil exploration company focused on Türkiye. The Company has an agreement to earn a 29% working interest in the M47 oil exploration block (C3 and C4 licences) located in the Cudi-Gabar petroleum province of Southeastern Türkiye. The earn-in includes funding a total of US$15 million for 2026 and 2027 work commitments. More information may be found on www.sedarplus.ca and on the Company's website at www.trillionenergy.com.Requests for further information should be directed to:Trillion Energy International Inc.
Sean Stofer, CEO
David Thompson, Chief Financial Officer
Suite 700, 838 West Hastings Street
Vancouver, B.C., V6C 0A6
Corporate offices: 1-778-819-1585
e-mail: info@trillionenergy.com
Website: www.trillionenergy.com To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299020 Original: Trillion Energy Announces filing of Year-Ended December 31, 2025 Financial Statements

Trillion Energy Announces Warrant ExtensionMay 21, 2026 3:11 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - May 21, 2026) - Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLED) (FSE: Z62) ("Trillion" or the "Company") is pleased to announce that the Company intends to extend the expiry date of an aggregate of 4,633,965 outstanding post-consolidation warrants issued in connection with various tranche closings of a non-brokered private placement of which 2,646,471 warrants were issued on May 28, 2024, 1,228,444 warrants were issued on May 31, 2024, 306,495 warrants were issued on June 10, 2024 and 452,555 warrants were issued on June 19, 2024 (the "2024 Warrants").The exercise price of the 2024 Warrants is $0.90 (post consolidation) and remains unchanged. The 2024 Warrants have original expiration dates of May 28, 2026, May 31, 2026, June 10, 2026 and June 19, 2024. The Company proposes to extend each of the expiration dates of the 2024 Warrants by one additional year to May 28, 2027, May 31, 2027, June 10, 2027 and June 19, 2027, respectively (the "Extension"). The Canadian Securities Exchange (the "CSE") has granted an exemption from the requirement of Section 6.7(3)(d) (at least 10 trading days remain before the expiry date) of CSE Policy 6 to permit the Company to undertake the Extension. No action will be required on the part of the holders of the 2024 Warrants to give effect to the Extension. In accordance with the requirements of the CSE, the terms of any warrants issued as compensation warrants or as finder warrants are not eligible for amendment.As one of the directors of the Company is the beneficial owner of 160,000 of the 2024 Warrants, the Extension may constitute a "related party transaction" as defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Extension is exempt from the formal valuation and minority shareholder approval requirements under MI 61-101 as the fair market value of the 2024 Warrants issued to insiders does not exceed 25% of the market capitalization of the Company.The 2024 Warrants will continue to be subject to an acceleration provision whereby the Company may accelerate the expiry date to a date that is 30 calendar days following notice to the holders if the closing price of the Company's Shares on the CSE is equal to or greater than C$1.75 for a period of seven consecutive trading days.All other terms and conditions of the 2024 Warrants will remain unchanged.About Trillion Energy International Inc.Trillion Energy International Inc. is a Canadian oil exploration company focused on Türkiye. The Company has an agreement to earn a 29% working interest in the M47 oil exploration block (C3 and C4 licences) located in the Cudi-Gabar petroleum province of Southeastern Türkiye. The earn-in includes funding a total of US$15 million for 2026 and 2027 work commitments. More information may be found on www.sedarplus.ca and on the Company's website at www.trillionenergy.com.Requests for further information should be directed to:Trillion Energy International Inc.
Scott Lower, President
Brian Park, Finance
1-778-819-1585
e-mail: info@trillionenergy.com
Website: www.trillionenergy.com Cautionary Statement Regarding Forward-Looking Information This news release contains "forward-looking information" within the meaning of applicable Canadian securities laws, including but not limited to: statements regarding the estimated timing for filing the Company's year-end audited financial statements and the lifting of the MCTO; the anticipated closing timeline of the US$9,500,000 Tranche 1 funding transaction; the Company's strategic direction and focus on the M47 block; the Company's earn-in obligations and work program commitments; and the business and affairs of the Company generally. Forward-looking information is based on a number of assumptions considered reasonable by management as of the date hereof including, without limitation: the timely completion of audit files; JOA partner approvals; prevailing oil prices and foreign exchange rates; access to capital; and the availability of required services and equipment. Forward-looking information is subject to known and unknown risks, uncertainties and other factors, many of which are beyond the Company's control, that may cause actual results to differ materially, including: the risk of further audit or administrative delays; commodity price risk; drilling and operational risk; regulatory risk in Türkiye; JOA partner risk; access to financing; and currency risk. Additional risk factors are described in the Company's most recent management's discussion and analysis filed on SEDAR+. Readers are cautioned not to place undue reliance on forward-looking information. The forward-looking information contained in this news release is made as of the date hereof and the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise, except as expressly required by applicable securities law.Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this news release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298444 Original: Trillion Energy Announces Warrant Extension

Trillion Provides Corporate UpdateMay 16, 2026 2:39 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - May 16, 2026) - Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLED) (FSE: Z62) ("Trillion" or the "Company"), a Canadian oil exploration company focused on Türkiye, is providing an update on its previously announced private placement, the status of its M47 oil exploration farm-in, and the filing status of its audited annual financial statements, management's discussion and analysis and related CEO and CFO certifications for the year ended December 31, 2025 (collectively, the "Annual Filings").Private Placement and M47 Farm-In Update. The Company expects to close the previously announced private placement on or about May 22, 2026, subject to satisfaction of customary closing conditions. The Company expects to use a portion of the proceeds to fund amounts required in connection with its M47 farm-in obligations, including amounts related to an extension of the deadline for payment of the first tranche of US$9.5 million to June 30, 2026. As previously disclosed, the Company has an agreement to earn a 29% participating interest in the M47 C3 and C4 licences in southeastern Türkiye, subject to satisfying its funding commitments. Annual Filings and MCTO Status. This news release constitutes a bi-weekly default status report in accordance with National Policy 12-203. As previously announced on May 1, 2026, the British Columbia Securities Commission granted a management cease trade order (the "MCTO") in connection with the Annual Filings which restricts trading in the Company's securities by certain insiders, including the Chief Executive Officer and Chief Financial Officer, until the Annual Filings have been completed and the MCTO has expired or been revoked. The MCTO does not affect the ability of other shareholders to trade in the Company's securities.The Company previously announced that it expected to file the Annual Filings on or about May 8, 2026. The Annual Filings have not yet been filed. Since the last report, the Company has responded to recent audit requests and provided outstanding supporting materials requested by its auditor, which it believes should be sufficient to close complete the audit. The Company continues to work with its auditor and advisors to complete the Annual Filings and expects to file the Annual Filings as soon as practicable. The Company will continue to issue bi-weekly default status reports until the Annual Filings are filed, or until it is otherwise no longer required to do so under NP 12-203. Other than as disclosed in this news release, there have been no material changes to the information contained in the Company's May 1, 2026 default announcement. The Company confirms that, as of the date of this news release: (i) it has not failed to fulfill its stated intentions with respect to satisfying the alternative information guidelines under NP 12-203; (ii) it is not aware of any subsequent actual or anticipated specified default; (iii) there are no insolvency proceedings against the Company; and (iv) there is no other material information concerning the affairs of the Company that has not been generally disclosed.ABOUT TRILLIONTrillion Energy International Inc. is a Canadian oil exploration company focused on Türkiye. The Company has an agreement to earn a 29% working interest in the M47 oil exploration block (C3 and C4 licences) located in the Cudi-Gabar petroleum province of Southeastern Türkiye. The earn-in includes funding a total of US$15 million for 2026 through 2028 work commitments. More information may be found on www.sedarplus.ca and on the Company's website at www.trillionenergy.com.Requests for further information should be directed to:Trillion Energy International Inc.
Sean Stofer, CEO
David Thompson, Chief Financial Officer
Suite 700, 838 West Hastings Street
Vancouver, B.C., V6C 0A6
Phone: 1 (778) 819-1585
e-mail: info@trillionenergy.com
Website: www.trillionenergy.com To view the source version of this press release, please visit https://www.newsfilecorp.com/release/297742 Original: Trillion Provides Corporate Update

Trillion Energy Advances Earn-In Payment and Announces Attendance at Emerging Growth ConferenceMay 4, 2026 9:26 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - May 4, 2026) - Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) (FSE: Z62) ("Trillion" or the "Company") is pleased to announce that it has fulfilled a near-term cash commitment of US$250,000 toward its earn-in obligations for a 29% participating interest in the M47c,d oil block, an onshore exploration asset located in southeastern Türkiye. This payment will be applied against the work program commitments previously outlined in the Company's March 31, 2026, press release.About the M47c,d Oil BlockThe M47c,d oil block (the "Block") covers approximately 450 km² within the Cudi-Gabar petroleum province, one of Türkiye's most active onshore oil regions. Block M47C3,C4 is located approximately 11 km southeast of Türkiye's largest onshore light oil discovery, the Sehit Aybüke Yalçin field*, which contains oil in the same Beloka and Mardin Group carbonate reservoirs as M47. The region hosts significant established production, with approximately 100 analogue wells operating within a 10-12 kilometre radius, targeting the same Mardin and Beloka reservoir intervals that Trillion plans to explore and evaluate on M47. As previously announced on April 16, 2026, an independent third-party resource evaluation identified meaningful contingent and prospective oil resources on the Block, providing a strong technical foundation for the upcoming work program.Trillion to Present at the Emerging Growth ConferenceTrillion has been invited to present at the upcoming Emerging Growth Conference, a live, interactive online forum that connects public companies in growth sectors with individual and institutional investors, advisors and analysts.Date: Tuesday, May 6, 2026Time: 1:45 p.m. - 2:15 p.m. Eastern TimeRegistration / Live Webcast: https://goto.webcasts.com/starthere.jsp?ei=1755070&tp_key=280dc3ffe3&sti=trlefAbout Trillion Energy International Inc.Trillion Energy International Inc. is a Canadian oil exploration company focused on Türkiye. The Company has an agreement to earn a 29% working interest in the M47 oil exploration block (C3 and C4 licences) located in the Cudi-Gabar petroleum province of Southeastern Türkiye. The earn-in includes funding a total of US$15 million for 2026 and 2027 work commitments. More information may be found on www.sedarplus.ca and on the Company's website at www.trillionenergy.com.Requests for further information should be directed to:Trillion Energy International Inc.
Vancouver, B.C., V6C 0A6
Corporate offices: 1-778-819-1585
Brian Park, Finance
Scott Lower, President
Suite 700, 838 West Hastings Street
E-mail: info@trillionenergy.com
Website: www.trillionenergy.comCautionary Statement Regarding Forward-Looking InformationThis news release contains "forward-looking information" within the meaning of applicable Canadian securities laws, including but not limited to: statements regarding the bell-ringing ceremony date, time and format; the Company's strategic direction and focus on the M47 Concession; the Company's earn-in obligations and work program commitments; and the business and affairs of the Company generally. Forward-looking information is based on a number of assumptions including, without limitation: the availability of the CSE venue and livestream; JOC partner approvals; prevailing oil prices and foreign exchange rates; access to capital; and the availability of required services and equipment. Forward-looking information is subject to known and unknown risks, uncertainties and other factors, many of which are beyond the Company's control, that may cause actual results to differ materially, including: commodity price risk; drilling and operational risk; regulatory risk in Türkiye; JOC partner risk; access to financing; and currency risk. Readers are cautioned not to place undue reliance on forward-looking information. The forward-looking information contained in this news release is made as of the date hereof and the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise, except as expressly required by applicable securities law.**Oil and Gas Disclosure - COGEH / NI 51-101**This news release has been prepared in accordance with National Instrument 51-101 - Standards of Disclosure for Oil and Gas Activities ("NI 51-101") and the Canadian Oil and Gas Evaluation Handbook ("COGEH").*Analogue fields:* References to production rates and reservoir characteristics at the Sehit Aybüke Yalçin and or Sehit Esma Çevik fields are based on publicly available information reported by Türkiye Petrolleri Anonim Ortakligi ("TPAO") and public media sources. These fields are operated by TPAO and Trillion Energy has no direct knowledge of their subsurface or production data. Production rates at analogue fields are not necessarily indicative of production rates that may be achieved at Block M47C3,C4.*Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this news release.*To view the source version of this press release, please visit https://www.newsfilecorp.com/release/295750
Original: Trillion Energy Advances Earn-In Payment and Announces Attendance at Emerging Growth Conference

Trillion Announces MCTO and Expected Timing of Annual FilingsMay 1, 2026 10:21 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - May 1, 2026) - Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) (FSE: Z62) ("Trillion" or the "Company") announces that the British Columbia Securities Commission has granted a management cease trade order ("MCTO") under National Policy 12-203 in connection with the Company's annual financial filings for the year ended December 31, 2025.The MCTO restricts trading in the Company's securities by certain insiders, including the Chief Executive Officer and Chief Financial Officer, until the required filings have been completed. The MCTO does not affect the ability of other shareholders to trade in the Company's securities. The Company is in the final stages of completing its annual financial statements, management's discussion and analysis, and related CEO and CFO certifications (collectively, the "Annual Filings"), and expects to file the Annual Filings on or about May 8, 2026.The timing of the audit reflects a transition to a new independent qualified reserves evaluator and the additional time required to complete the associated reserves report in support of the year-end financial reporting process. The reserves report has now been completed and filed on SEDAR+ as of April 30, 2026, and the audit process is progressing toward completion. Trillion continues to work closely with its auditor, MNP LLP, and remains focused on completing the Annual Filings as soon as practicable.The Company intends to comply with the alternative information guidelines set out in National Policy 12-203 during the period prior to the filing of the Annual Filings, including the issuance of biweekly status updates. Trillion confirms that it continues to operate its business in the normal course and that there are no insolvency proceedings against the Company. The Company is not aware of any material information relating to its affairs that has not been generally disclosed.ABOUT TRILLION ENERGYTrillion Energy International Inc. is focused on oil and natural gas exploration and production in Türkiye. The Company has an agreement to earn a 29% working interest in the M47 oil exploration block (c3 and c4 licenses) located in the Cudi-Gabar petroleum province of Southeastern Türkiye. More information may be found on www.sedarplus.ca, and on our website at www.trillionenergy.com. Requests for further information should be directed to:Sean Stofer, CEO
David Thompson, Chief Financial Officer
Trillion Energy International Inc.
Suite 700, 838 West Hastings Street
Vancouver, B.C., V6C 0A6
Corporate offices: 1-778-819-1585
e-mail: info@trillionenergy.com
Website: www.trillionenergy.com To view the source version of this press release, please visit https://www.newsfilecorp.com/release/295645
Original: Trillion Announces MCTO and Expected Timing of Annual Filings

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I’m looking at this as a technical setup that is starting to tighten up, not as a finished story.

Today’s $2M private placement and 5:1 rollback do not solve everything, but they do matter. The company is trying to bridge itself into the next phase of the M47 story, clean up the share structure, and keep capital flowing while the market decides whether this is just another microcap financing cycle or the start of a real rerating.

What I like here is the sequence of events. First came the asset disposition agreement to move out SASB/Cendere and reduce legacy baggage. Then came the April 14 light-oil discovery at C-1. Then the independent resource report on April 16. Now we get a smaller financing package to keep the M47 program advancing. That is the kind of progression I want to see if a company is trying to reset the narrative from distressed legacy producer to focused exploration rerate.

On the geology side, this is why the market is even paying attention. C-1 confirmed 32.4° API light oil, 38 metres of net pay, and the company says the well was drilled on the flank with the structural crest still untested. They have also stated that both the light-oil discovery and nearby analog fields support the concept, while the new independent evaluation outlined 27.6 MMbbl of 2C contingent resources net to Trillion on the North Lead discovery. If the crest gets validated, this is where the stock stops trading like a cleanup story and starts trading like a live oil discovery.

From a chart perspective, the move off the recent base matters. The stock had been living in the low-end range around C$0.02-C$0.04, then discovery news pushed it into the C$0.04-C$0.05 area on fresh interest. That makes the recent high the first obvious technical gate. Pre-consolidation, the key breakout zone is roughly C$0.05. Post-consolidation, that translates to around C$0.25. If price can reclaim and hold above that zone with volume, the market is saying the story is advancing. If it fails there, expect churn and financing fatigue.

The placement itself is a tell. They are raising up to C$2M at C$0.15 post-consolidation, which is effectively C$0.03 pre-consolidation, with half-warrants at C$0.25 post-consolidation, or C$0.05 pre-consolidation. That gives the market a very clean map. The financing price becomes the near-term floor reference. The warrant price becomes the first real upside test. If this thing starts trading cleanly through the warrant strike equivalent, sentiment can change fast.

What everyone needs to understand is this: this raise is helpful, but it is not the full solution. The bigger issue is still the debenture settlement structure. The company still needs a minimum C$10M financing by September 30, 2026, and if that happens, about C$11M converts into equity under the settlement framework. That means dilution risk is still on the table and the next financing is still the bigger event.

So here is what I am watching next:
1. Full close of this placement.
2. Completion of the SASB/Cendere asset disposition.
3. Details on the next M47 work program and timing.
4. Any update on the C-1 sidetrack / structural crest test.
5. Whether management can line up the larger C$10M financing on terms the market can live with.
6. Whether the stock can take out the recent high and start building support above it.

For me, the bull case is straightforward. If the asset sale closes, the capital structure gets progressively cleaner, the larger financing gets handled, and the next M47 results de-risk the crest concept, this can rerate hard from here because the current valuation is still tiny versus what the market pays for a live emerging oil story. In that scenario, I think this can move from a trade into a much more meaningful rerate.

Bottom line: I am not treating this as a safe name. I am treating it as a speculative technical setup with improving news flow, defined catalysts, and a very clear line in the sand. If they execute, this has room to go a lot higher. If they stumble on financing or fail to convert the geology into something commercial, the market will punish it. That is the setup.


LoL

Trillion Energy Comments on Rising Oil PricesApril 27, 2026 9:15 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - April 27, 2026) - Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) (FSE: Z62) ("Trillion" or the "Company") wishes to comment on the current global oil price environment and its implications for the Company's M47 oil exploration programme in Southeastern Türkiye.Market ContextThe global oil market is experiencing the largest supply disruption on record. Restricted flows through the Strait of Hormuz have removed an estimated 9.1 million barrels per day from global supply, a level that dwarfs prior shocks, including the Gulf War. Brent crude has traded above US$100 per barrel, with physical spot grades rising materially as cargoes become scarce.The world's spare production capacity, concentrated almost entirely in the Gulf states, has now been effectively sidelined. Global oil inventories are tracking toward all-time lows. Much of what appears to be falling demand is not buyers pulling back on price; it is forced consumption loss because supply cannot physically reach them. Prices must rise further to ration available barrels, not merely to reflect a geopolitical premium that could reverse overnight.A decade of underinvestment in new oil production has left the industry poorly positioned to absorb shocks of this scale. With global demand still near 100 million barrels per day and no structural decline in sight, the case for higher oil prices over the coming years is stronger than it has been in a generation.Source: U.S. Energy Information Administration (EIA); International Energy Agency (IEA). Estimated peak daily supply volumes removed during major disruption events.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6490/294339_930a1c0ba4556a7a_001full.jpgWhat This Means for M47The independent resource evaluation of Block M47, completed by Chapman Hydrogen and Petroleum Engineering Ltd., effective December 31, 2025, used a near-term Brent price of US$63.68 per barrel for 2026, well below today's Brent price. The evaluated NPV-10 of US$733.5 million (unrisked, net to Trillion's 29% working interest) was calculated at prices the market has already significantly exceeded. Trillion's M47 target is 32.4° API light oil, premium-grade crude priced at or near the Brent benchmark, making the current environment directly accretive to project economics.Trillion is not a passive observer of this environment. The Company's earn-in obligations are actively underway, with US$15 million committed across 2026 and 2027 to advance the M47 work programme, including exploration drilling on a block where the geology is a cluster of major discoveries, increasing the region's oil production from 0 to +80,000 barrels of oil a day.Management Comment"This is the largest supply disruption in the history of the oil market, and inventories are heading toward all-time lows. The consensus is still treating this as a temporary spike. We don't see it that way. A decade of underinvestment doesn't unwind in a quarter. The world still needs 100 million barrels a day; that number isn't going backwards, and the easy barrels are getting harder to find. Türkiye imports much of its crude oil. When Brent trades above $100, that dependency is felt directly in energy costs, supply security, and policy. Domestic onshore production of the kind we are developing at M47 becomes exactly what Türkiye needs. The Cudi-Gabar province is a cluster of major discoveries, a proven petroleum system with an established regional production base. We are building a company around that reality, and our timing, we believe, is right." — Scott Lower, President of Trillion EnergyAbout Trillion Energy International Inc.Trillion Energy International Inc. is a Canadian oil exploration company focused on Türkiye. The Company has an agreement to earn a 29% working interest in the M47 oil exploration block (C3 and C4 licences) located in the Cudi-Gabar petroleum province of Southeastern Türkiye. The earn-in includes funding a total of US$15 million for 2026 and 2027 work commitments. More information may be found on www.sedarplus.ca and on the Company's website at www.trillionenergy.com.Requests for further information should be directed to:Scott Lower, President
Brian Park, Vice President of Finance
Trillion Energy International Inc.
Suite 700, 838 West Hastings Street
Vancouver, B.C., V6C 0A6
Corporate offices: 1-778-819-1585
e-mail: info@trillionenergy.com
Website: www.trillionenergy.comCautionary Statement Regarding Forward-Looking InformationThis news release contains "forward-looking information" within the meaning of applicable Canadian securities laws, including but not limited to: statements regarding the bell-ringing ceremony date, time and format; the Company's strategic direction and focus on the M47 Concession; the Company's earn-in obligations and work program commitments; and the business and affairs of the Company generally. Forward-looking information is based on a number of assumptions including, without limitation: the availability of the CSE venue and livestream; JOC partner approvals; prevailing oil prices and foreign exchange rates; access to capital; and the availability of required services and equipment. Forward-looking information is subject to known and unknown risks, uncertainties and other factors, many of which are beyond the Company's control, that may cause actual results to differ materially, including: commodity price risk; drilling and operational risk; regulatory risk in Türkiye; JOC partner risk; access to financing; and currency risk. Readers are cautioned not to place undue reliance on forward-looking information. The forward-looking information contained in this news release is made as of the date hereof and the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise, except as expressly required by applicable securities law.*Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this news release.*To view the source version of this press release, please visit https://www.newsfilecorp.com/release/294339
Original: Trillion Energy Comments on Rising Oil Prices

Canadian Investment Regulatory Organization Trade Resumption - TCFApril 24, 2026 10:07 AM
PR Newswire (Canada)

VANCOUVER, BC, April 24, 2026 /CNW/ - Trading resumes in:Company: Trillion Energy International Inc.CSE Symbol: TCFAll Issues: YesResumption (ET): 10:30 AMCIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.SOURCE Canadian Investment Regulatory Organization (CIRO) – Halts/Resumptions

Original: Canadian Investment Regulatory Organization Trade Resumption - TCF

L'Organisme canadien de réglementation des investissements permet la reprise de la négociation - TCFApril 24, 2026 10:10 AM
PR Newswire (Canada)

VANCOUVER, BC, le 24 avril 2026 /CNW/ - Reprise des négociations pour:Société : Trillion Energy International Inc.Symbole CSE : TCFLes titres : OuiReprise (HE) : 10 h 30L'OCRI peut prendre la décision de suspendre (ou d'arrêter) temporairement les opérations à l'égard d'un titre d'une société cotée en bourse. Les arrêts des opérations sont mis en oeuvre afin d'assurer le bon fonctionnement d'un marché équitable. L'OCRI est l'organisme d'autoréglementation national qui surveille l'ensemble des courtiers en placement et l'ensemble des opérations effectuées sur les marchés des titres de capitaux propres et les marchés des titres de créance au Canada.SOURCE L’Organisme canadien de règlementation des investissements (OCRI) - Arrêts/Reprises

Original: L'Organisme canadien de réglementation des investissements permet la reprise de la négociation - TCF

Canadian Investment Regulatory Organization Trading Halt - TCFApril 24, 2026 9:49 AM
PR Newswire (Canada)

VANCOUVER, BC, April 24, 2026 /CNW/ - The following issues have been halted by CIRO:Company: Trillion Energy International Inc.CSE Symbol: TCFAll Issues: All IssuesReason: Due to Imbalance of OrdersHalt Time (ET): 9:35 AMCIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.SOURCE Canadian Investment Regulatory Organization (CIRO) – Halts/Resumptions

Original: Canadian Investment Regulatory Organization Trading Halt - TCF

Suspension de la négociation par l'Organisme canadien de réglementation des investissements - TCFApril 24, 2026 9:52 AM
PR Newswire (Canada)

VANCOUVER, BC, le 24 avril 2026 /CNW/ - L'OCRI a suspendu la négociation des titres suivants :Société : Trillion Energy International Inc.Symbole CSE : TCFLes titres : OuiMotif : En raison du déséquilibre dans les ordresHeure de la suspension (HE) : 09 h 35L'OCRI peut prendre la décision de suspendre (ou d'arrêter) temporairement les opérations à l'égard d'un titre d'une société cotée en bourse. Les arrêts des opérations sont mis en oeuvre afin d'assurer le bon fonctionnement d'un marché équitable. L'OCRI est l'organisme d'autoréglementation national qui surveille l'ensemble des courtiers en placement et l'ensemble des opérations effectuées sur les marchés des titres de capitaux propres et les marchés des titres de créance au Canada.SOURCE L’Organisme canadien de règlementation des investissements (OCRI) - Arrêts/Reprises

Original: Suspension de la négociation par l'Organisme canadien de réglementation des investissements - TCF

TRLEF one for 5 reverse split

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

Trillion Energy to Ring Opening Bell at the Canadian Securities Exchange; Updates on Corporate EventsApril 22, 2026 1:32 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - April 22, 2026) - Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) (FSE: Z620) ("Trillion" or the "Company") is pleased to announce that it has been invited to ring the Opening Bell at the Canadian Securities Exchange (the "CSE") for Thursday, April 23, 2026 - marking the Company's five year anniversary on the exchange. The ceremony will take place at 9:30 a.m. ET and will be broadcast on the Company's and the CSE's official social media channels."Ringing the Opening Bell at the CSE marks an exciting turning point for Trillion," said Scott Lower, President of Trillion Energy. "Over the past several months, we have repositioned the Company around a single focused asset, our 29% earn-in interest in the M47 oil exploration block in southeastern Türkiye, divesting our legacy natural gas interests and completing an independent NI 51-101 resource evaluation of the M47 block. We are pleased to share this milestone with our shareholders and the broader investment community."Share Consolidation Effective DateFurther to the Company's news release dated April 17, 2026, the Company confirms that its previously announced 5:1 consolidation of its issued and outstanding common shares (the "Consolidation") will take effect at the open of markets on Friday, April 24, 2026. When the Consolidation is put into effect, a total of approximately 41,624,457 post-Consolidation Common Shares will be issued and outstanding, assuming there are no other changes in the issued capital of the Company. The aggregate number of Common Shares held by such holder will be rounded down to the nearest whole Common Share. All outstanding convertible instruments (including debentures, options and warrants) will be adjusted on the equivalent ratio. The CSE trading symbol will continue as "TCF" with a new CUSIP 89624B500 / ISIN CA89624B5009. The Company's OTCQB symbol will temporarily change to "TRLED" for 20 trading days, after which it is expected to revert to "TRLEF".Registered shareholders will receive a letter of transmittal from the Company's transfer agent, Odyssey Trust Company, with instructions regarding exchanging share certificates. Shares held in book-entry form through a broker or other intermediary will be adjusted automatically. Shareholders with questions regarding the Consolidation are encouraged to contact their broker or Odyssey Trust Company directly.About Trillion Energy International Inc.Trillion Energy International Inc. is a Canadian oil exploration company focused on Türkiye. The Company has an agreement to earn a 29% working interest in the M47 oil exploration block (C3 and C4 licences) located in the Cudi-Gabar petroleum province of Southeastern Türkiye. The earn-in includes funding a total of US$15 million for 2026 and 2027 work commitments. More information may be found on www.sedarplus.ca and on the Company's website at www.trillionenergy.com.Requests for further information should be directed to:Scott Lower, PresidentTrillion Energy International Inc.Suite 700, 838 West Hastings StreetVancouver, B.C., V6C 0A6Corporate offices: 1-778-819-1585e-mail: info@trillionenergy.comWebsite: www.trillionenergy.comCautionary Statement Regarding Forward-Looking InformationThis news release contains "forward-looking information" within the meaning of applicable Canadian securities laws, including but not limited to: statements regarding the bell-ringing ceremony date, time and format; the Company's strategic direction and focus on the M47 Concession; the Company's earn-in obligations and work program commitments; and the business and affairs of the Company generally. Forward-looking information is based on a number of assumptions including, without limitation: the availability of the CSE venue and livestream; JOC partner approvals; prevailing oil prices and foreign exchange rates; access to capital; and the availability of required services and equipment. Forward-looking information is subject to known and unknown risks, uncertainties and other factors, many of which are beyond the Company's control, that may cause actual results to differ materially, including: commodity price risk; drilling and operational risk; regulatory risk in Türkiye; JOC partner risk; access to financing; and currency risk. Readers are cautioned not to place undue reliance on forward-looking information. The forward-looking information contained in this news release is made as of the date hereof and the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise, except as expressly required by applicable securities law.*Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this news release.*To view the source version of this press release, please visit https://www.newsfilecorp.com/release/293769
Original: Trillion Energy to Ring Opening Bell at the Canadian Securities Exchange; Updates on Corporate Events

Trillion Energy International Inc. (OTCQB: TRLEF | CSE: TCF): Virtual Investor Conferences



Weekly Chart
https://schrts.co/PcWnywcT

Trillion Energy Launches $2 Million Private Placement to Advance M47 Oil Exploration; Announces 5:1 Share ConsolidationApril 17, 2026 9:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - April 17, 2026) - Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) (FSE: Z62) ("Trillion" or the "Company") is pleased to announce that it intends to complete, subject to the approval of the Canadian Securities Exchange (the "CSE"), a non-brokered private placement to issue up to 13,333,333 units (the "Units"), on a post-Consolidation basis, of the Company for gross proceeds of up to $2,000,000 (the "Offering"). The Offering may include certain debt settlements on the same terms. Each Unit will be issued at a price of $0.15 per Unit (post-Consolidation (defined below)) and will consist of one common share in the capital of the Company (each a "Common Share") and one half of one common share purchase warrant (each whole warrant, a "Warrant") exercisable at $.25. Each Warrant shall be exercisable for a period of one (1) year from the date of issue. The Company may pay cash commissions to qualified finders or agents for up to 8% of the Units sold under the Offering. The Offering is designed to fund near-term work obligations under the Company's Definitive Farm-In Agreement on the M47 Concession, Parts C3 and C4, in Southeastern Türkiye - an asset that Chapman Hydrogen and Petroleum Engineering Ltd. recently evaluated at 2C Contingent Resources of 27.6 MMbbl with an unrisked NPV-10 of US$733.5 million net to Trillion's 29% working interest. The concurrent 5:1 share consolidation reduces Trillion's outstanding share count from approximately 208 million to approximately 41.6 million Common Shares, aligning the Company's capital structure with industry peers and strengthening its positioning ahead of an active drilling season."This financing provides the near-term capital needed to meet our M47 commitments and advance what we believe is one of the most compelling light oil exploration opportunities in Türkiye today," said Scott Lower, President of Trillion Energy. "The simultaneous share consolidation is a deliberate capital markets decision - reducing our share count to bring our structure in line with peers and create a cleaner foundation as we execute our 2026 and 2027 drilling programs. We welcome both new and existing shareholders to participate at what we view as an attractive entry point ahead of active newsflow."Proceeds from the Offering will be applied toward the following priorities: (i) contractual work program obligations on the M47 Concession under the Definitive Farm-In Agreement, being the principal asset in the Company's portfolio (USD$250,000-$400,000, representing a portion of the US$9.5 million 2026 funding tranche); (ii) investor relations activities (CAD$20,000); (iii) expenses related to the Offering; and (iv) general working capital and corporate purposes. In the event the Offering is not fully subscribed, proceeds will be applied first to satisfy work obligations on M47 and general working capital purposes. The Company is making the Offering available to subscribers under a number of available prospectus exemptions, including the accredited investor exemption, family and close personal friends and business associates of directors and officers of the Company. The Offering is also available to all existing shareholders of Trillion who, as of the close of business on April 17, 2026, (the "Record Date"), held shares (and who continue to hold such shares as of the closing date) in accordance with the provisions of the "existing security holder exemption" contained in the various corresponding blanket orders and rules of participating jurisdictions (the "Existing Shareholder Exemption").The Company advises that there are conditions and restrictions when subscribers are relying upon the Existing Shareholder Exemption, including, among other criteria: (a) the subscriber must be a shareholder of the Company on the Record Date (and still be a shareholder), (b) be purchasing the Units as a principal - for his or her own account and not for any other party, and (c) may not purchase more than $15,000 value of securities from the Company in any 12-month period. There is an exception to the $15,000 subscription limit. In the event that a subscriber wishes to purchase more than a $15,000 value of securities, then he or she may do so provided that the subscriber received suitability advice from a registered investment dealer, and, in this case, subscribers will be asked to confirm the registered investment dealer's identity and employer. Subscribers purchasing Units using the Existing Shareholder Exemption will need to represent in writing that they meet the requirements of the Existing Shareholder Exemption. There is no minimum subscription amount. As the Existing Shareholder Exemption contains certain restrictions and is only available in certain jurisdictions in Canada, others that do not qualify under the Existing Shareholder Exemption may qualify to participate under other prospectus exemptions, such as the accredited investor exemption. Any existing shareholders interested in participating in the Offering should contact the Company pursuant to the contact information set forth below.Additionally, the Company is also relying on the Exemption for Sales to Purchasers Advised by Investment Dealers, it confirms that there is no material fact or material change related to the Company which has not been generally disclosed. Unless the Company determines to increase the gross proceeds of the Offering, if subscriptions received for the Offering based on all available exemptions exceed the maximum Offering amount of $2,000,000, Units will be allocated pro rata among all subscribers qualifying under all available exemptions. The Company retains the right to accept or reject subscriptions. Should the Offering be oversubscribed it is possible that a shareholder's subscription may not be accepted by the Company. Additionally, in the event of an imbalance of large subscriptions compared to smaller subscriptions, management reserves the right in its discretion to favor large subscriptions over smaller shareholder subscriptions.The Common Shares and Warrants issued pursuant to the Offering will be subject to a four month and one day hold period. Completion of the Offering remains subject to the approval of the CSE.Consolidation Additionally, the Company wishes to announce that prior to the completion of the Offering, it will proceed with a consolidation of its outstanding Common Shares on the basis of five (5) pre-consolidation Common Shares for one (1) post-consolidation Common Share (the "Consolidation"). Any resulting fractional Common Share that is held by a holder of Common Shares will be cancelled, and the aggregate number of Common Shares held by such holder will be rounded down to the nearest whole number of Common Shares. Currently, a total of 208,122,285 Common Shares are issued and outstanding. Accordingly, when the Consolidation is put into effect, a total of approximately 41,624,457 post-Consolidation Common Shares would be issued and outstanding, assuming there are no other changes in the issued capital of the Company. All outstanding convertible instruments (including convertible debentures, options and warrants) will be adjusted on the equivalent ratio of the Consolidation. The Board of Directors believes that the Consolidation is a necessary and value-enhancing step in repositioning the Company as a focused oil exploration issuer. By reducing the outstanding share count from approximately 208 million to approximately 41.6 million Common Shares, the Consolidation brings Trillion's capital structure in line with comparable junior oil exploration companies and is expected to improve per-share metrics, broaden the pool of institutional and international investors eligible to hold the stock, and reduce per-share price friction ahead of the Company's active M47 drilling program. There is no name change in conjunction with the Consolidation, and the Company's trading symbol will remain the same. The Company expects its post-Consolidation Common Shares to commence trading on the CSE at the open of markets on or about April 22, 2026. ABOUT TRILLIONTrillion Energy International Inc. is a Canadian oil exploration company focused on Türkiye. The Company has an agreement to earn a 29% working interest in the M47 Concession (C3 and C4 licences) located in the Cudi-Gabar petroleum province of Southeastern Türkiye, where two wells (Çetinkaya C-1 and C-2) have confirmed 32.4° API light oil in the Cretaceous Mardin Group carbonate reservoir. An independent evaluation by Chapman Hydrogen and Petroleum Engineering Ltd., effective December 31, 2025, assigned 2C Contingent Resources of 27.6 MMbbl with an unrisked NPV-10 of US$733.5 million and total unrisked contingent and prospective resources of approximately 40.5 MMbbl net to the Company's 29% working interest. More information may be found on www.sedarplus.ca, and on our website at www.trillionenergy.com. Forward Looking Information and Risk Factors This news release contains statements and information that may constitute "forward-looking information" within the meaning of applicable securities legislation, including statements identified by the use of words such as "will", "expects", "positions", "believe", "potential" and similar words, including negatives thereof, or other similar expressions concerning matters that are not historical facts. Such forward-looking information is not representative of historical facts or information or current condition, but instead represent only the Company's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company's control. Generally, such forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". The forward-looking information contained herein may include, but is not limited to, information concerning the completion of the Offering, the anticipated use of proceeds from the Offering, the completion of the Consolidation, the anticipated post-Consolidation share count, the expected commencement of post-Consolidation trading on the CSE, and the ability of the Company to attract additional investors.By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements. Some of these risks include, but are not limited to, the risk that the Offering is not completed on the terms described or at all, the risk that regulatory approval of the CSE is not obtained, the risk that the Offering is not fully subscribed, the risk that the Consolidation does not achieve its intended purpose of attracting additional investors, and the risk that the use of proceeds differs from that currently anticipated.Additional information regarding risks and uncertainties of the Company's business are contained under the heading "Risk Factors" in the Company's Annual Report on Form 20-F for the financial year ended December 31, 2024 and the Company's other public filings which are available under the Company's profile on SEDAR+ at sedarplus.ca. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.In connection with the forward-looking information contained in this news release, the Company has made certain assumptions. Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information contained in this news release are made as of the date of this news release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward-looking information and statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by this notice.Requests for further information should be directed to:Scott Lower, President
David Thompson, Chief Financial Officer
Trillion Energy International Inc.
Suite 700, 838 West Hastings Street
Vancouver, B.C., V6C 0A6
Corporate offices: 1-778-819-1585
e-mail: info@trillionenergy.com
Website: www.trillionenergy.com To view the source version of this press release, please visit https://www.newsfilecorp.com/release/293077
Original: Trillion Energy Launches $2 Million Private Placement to Advance M47 Oil Exploration; Announces 5:1 Share Consolidation

Trillion Energy Announces Independent Resource EvaluationApril 16, 2026 7:25 AM
NewsfileHighlights include 27.6 MMbbl 2C (unrisked) Contingent Oil Resource to Trillion on North Lead Discovery;Vancouver, British Columbia--(Newsfile Corp. - April 16, 2026) - Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) (FSE: Z620) ("Trillion" or the "Company") announces the results of an independent evaluation of contingent and prospective oil resources for Block M47C3,C4 in Southeast Türkiye, prepared by Chapman Hydrogen and Petroleum Engineering Ltd. ("Chapman") of Calgary, Alberta, in accordance with National Instrument 51-101 ("NI 51-101") and the Canadian Oil and Gas Evaluation Handbook ("COGEH") effective March 31 2026.Highlights2C Contingent Resource of 27.6 MMbbl (24,186 MSTB net) on the North Discovery, with an unrisked NPV-10 of US$733.5 million and a risked expected value of US$594.2 million (81% chance of development) net to Trillion's 29% working interest.Total Block M47C3, C4 unrisked resource potential of 51.6 MMbbl net to Trillion across three prospects - North (Contingent), Central, and Findik (South), all targeting the Cretaceous Mardin Group carbonate reservoir.Light oil confirmed at 32.4° API gravity at both C-1 and C-2 wells; 38 metres of net oil pay at C-1 with water saturation as low as 8%. Both wells were drilled on the structural flank; the structural crest remains untested.The M47 block lies approximately 11 kilometres from the Sehit Aybüke Yalçin oil field, Türkiye's largest onshore oil discovery, the Sehit Esma Çevik oil field (5-6 km), Yagizoymak field (approximately 2 km), and Bulmuslar field (approximately 4 km), all of which produce from the Beloka and Mardin Group carbonates and which are analogue fields.About The M47 ConcessionThe M47c,d Concession is located in Southeastern Türkiye, within the Cudi-Gabar petroleum province. The block contains three identified prospects: the North, Central, and Findik (South) prospects, targeting the Early Cretaceous Beloka and Mardin Group carbonate reservoirs. Two wells (C¸etinkaya C-1 and C-2) have been drilled on the North Prospect, both confirming the presence of 32.4° API light oil based on log analysis and independent petrophysical evaluation of recovered oil. The Company has the right to earn a 29% working interest in the M47 Concession following its agreement with Derkim Petrolüm, subject to fulfillment of the earn-in obligations.Resource Evaluation SummaryResource CategoryGross 
(MSTB)Net 
(MSTB)NPV10% Before Tax 
(M$)Contingent Resources - 2C (North Prospect)27,64124,186733,522Contingent Resources - Expected Value (2C)22,30519,517594,153Prospective Resources - Before Risk (Arithmetic Average)23,98720,989660,171Prospective Resources - After Risk (Arithmetic Average)7,8876,901215,684 1 MMbbl = 1,000 MSTB. Monetary values in US dollars. M$ = thousands of dollars. "Gross" resources in this table represent the Company's 29% working interest share before deduction of royalties owned by others (i.e., before the 12.5% government royalty on the North Prospect); they are not 100% block volumes. "Net" resources represent the Company's 29% working interest share after deducting royalties. NPV discounted at 10% per year before income tax. North Prospect Contingent Resources are classified as Economic Contingent Resources (positive NPV at forecast prices) with a Project Maturity Sub-class of Development Unclarified. Risked Expected Value (2C) applies Chapman's assigned 81% Chance of Development to the unrisked 2C case in accordance with COGEH. Prospective Resource after-risk NPV applies Chapman's assigned Chance of Commerciality (Central 31%; Findik 36%) to the unrisked P50 (arithmetic average) case. Chance of Discovery: Central 38%, Findik 45%. Initial production rates assumed: 800 STB/d per well (Best Estimate), 500 STB/d (Low Estimate), 1,000 STB/d (High Estimate). See "Economic Assumptions" section below for price deck, cost and fiscal assumptions. Columns may not add precisely due to accumulative rounding. Full 1C, 2C and 3C Contingent Resource tables follow below.Table 2 - Contingent Resources (1C Low Estimate) - North Prospect, Block M47, Mardin GroupResource CategoryGross (MSTB)Net (MSTB)NPV10% Before Tax (M$)Contingent Resources - 1C (North Prospect)8,1487,129224,304Contingent Resources - Expected Value (1C)6,6005,774181,686 1C = Low Estimate (conservative). Expected Value (1C) applies 81% Chance of Development. Gross/Net definitions as per Table 1 footnote above. All values before income tax.Table 3 - Contingent Resources (3C High Estimate) - North Prospect, Block M47, Mardin GroupResource CategoryGross (MSTB)Net (MSTB)NPV10% Before Tax (M$)Contingent Resources - 3C (North Prospect)44,93039,3141,178,948Contingent Resources - Expected Value (3C)36,39331,844954,548 3C = High Estimate (optimistic). Expected Value (3C) applies 81% Chance of Development. Gross/Net definitions as per Table 1 footnote above. All values before income tax.North Prospect - Contingent Resources2C Contingent Resources of 27.6 MMbbl (24,186 MSTB net after royalty); unrisked NPV-10 of US$733.5 million; risked expected value of US$594.2 million (81% chance of development). Çetinkaya C-1 and C-2 confirmed 32.4° API light oil in Cretaceous Mardin Group carbonate reservoirs with 38 metres of net oil pay at C-1, water saturation as low as 8%, and confirmed duel matrix and fracture permeability. Central Prospect - Prospective ResourcesP50 Prospective Resources of 13,093 MSTB net to Trillion's 29% working interest; unrisked NPV-10 of US$412.9 million; after-risk NPV-10 of US$127.3 million (31% Chance of Commerciality; 38% Chance of Discovery). Seismic-confirmed four-way dip closure on trend with the North Prospect discovery. Findik (South) Prospect - Prospective ResourcesP50 Prospective Resources of 7,895 MSTB net to Trillion's 29% working interest; unrisked NPV-10 of US$247.2 million; after-risk NPV-10 of US$88.4 million (36% Chance of Commerciality; 45% Chance of Discovery). Four-way dip closure near the North Prospect and off-block producing fields. Planned Work ProgramThe North Lead discovery drilling programme is scheduled to commence in 2027, targeting first commercial production by mid-2027, at an estimated cost of US$3.5 million per well plus seismic and surface facilities. C1S (C-1 sidetrack well, is estimated cost of US$2 million) Production (subject to commerciality) is expected through primary depletion from vertical wells. The Findik-2 exploration well is planned for late 2026 (US$3.2 million) and the Central exploration well for late 2026/early 2027 (US$3.4 million).See below further information provided under Oil and Gas Disclosure — COGEH / NI 51-101 below.About the CompanyTrillion Energy International Inc. is a Canadian focused on oil exploration company focused on Türkiye. The Company has an agreement to earn a 29% working interest in the M47 oil exploration block (c3 and c4 licenses) located in the Cudi-Gabar petroleum province of Southeastern Türkiye. The earn-in includes funding a total of US$15 million for 2026 and 2027 work commitments. More information may be found on www.sedarplus.ca, and on our website. Contact
Scott Lower, President
Brian Park, Vice President of Finance
1-778-819-1585
E-mail: info@trillionenergy.com
Website: www.trillionenergy.com Cautionary Statement Regarding Forward-Looking Information and additional information provided under Oil and Gas Disclosure - COGEH / NI 51-101**Forward-Looking Information**This news release contains "forward-looking information" within the meaning of applicable Canadian securities laws, including but not limited to: statements regarding the planned exploration and development programme and timing thereof; the anticipated use of Managed Pressure Drilling and open-hole logging in the sidetrack wells; the interpretation of the C-1 structural position relative to the North Lead crest; the anticipated oil column and reservoir characteristics at the structural crest; anticipated completion of the sidetrack wells and the expected data to be obtained; and the Company's assessment of the analogy between Block M47C3,C4 and the Sehit Aybüke Yalçin and Sehit Esma Çevik fields.Forward-looking information is based on a number of assumptions including, without limitation: access to the block and rig availability; JOC partner approvals; prevailing oil prices and foreign exchange rates; the accuracy of analogies to nearby producing fields; the geological interpretation of available well and seismic data; and the availability of required services and equipment.Forward-looking information is subject to known and unknown risks, uncertainties and other factors, many of which are beyond the Company's control, that may cause actual results to differ materially from those expressed or implied by such forward-looking information. These risks include: geological risk that the structural crest does not contain the anticipated oil column; drilling and operational risk including lost circulation, stuck pipe, and equipment failure; reservoir risk that the fracture network is not connected to the structural crest; commodity price risk; regulatory risk in Türkiye; JOC partner risk; and currency risk. Readers are cautioned not to place undue reliance on forward-looking information.The forward-looking information contained in this news release is made as of the date hereof and the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise, except as expressly required by applicable securities law.**Oil and Gas Disclosure - COGEH / NI 51-101**This news release has been prepared in accordance with National Instrument 51-101 - Standards of Disclosure for Oil and Gas Activities ("NI 51-101") and the Canadian Oil and Gas Evaluation Handbook ("COGEH").*Prospective resources uncertainty:* There is no certainty that any portion of the prospective resources will be discovered. If discovered, there is no certainty that it will be commercially viable to produce any portion of the resources. The estimates of prospective resources involve implied risk of discovery and, even if discovered, involve further risk of commercial development. Prospective resource estimates have not been risked for the probability of discovery or commerciality except where expressly stated as after-risk figures.*Contingent resources uncertainty:* There is no certainty that it will be commercially viable to produce any portion of the contingent resources. The North Prospect Contingent Resources have been assigned a Project Maturity Sub-class of Development Unclarified, reflecting that no formal development plan has been approved and that the following conditions must be resolved before development can proceed: (i) completion of a minimum of one additional appraisal or development well (including the planned C-1 sidetrack) to confirm deliverability and commercial flow rates; (ii) completion of the Company's earn-in obligations under the Farm-In Agreement, including satisfaction of the US$9.5 million 2026 work program funding tranche and the US$5.5 million 2027 funding tranche; (iii) approval of a formal development plan and production test program by the Joint Operating Committee (Derkim Enerji as operator, Trillion 29% WI, Güney Yildizi Petrol A.S 20% WI); (iv) receipt of all required regulatory approvals from the General Directorate of Petroleum Affairs (GDPA) and other applicable Turkish governmental authorities; (v) arrangement of sufficient financing for development capital expenditures; and (vi) execution of an oil sales or offtake agreement on commercially acceptable terms. Failure to satisfy any of these conditions may prevent or indefinitely delay development of the North Prospect.*Pay definitions:* "Gross pay" refers to the total thickness of the reservoir interval above a minimum hydrocarbon saturation threshold as identified from wireline logs, without application of porosity or water saturation cut-offs. "Net pay" refers to the thickness of reservoir rock meeting minimum porosity (f ≥ 3.0%) and maximum water saturation (Sw ≤ 50%) cut-offs as described herein.*Log quality and water saturation:* Water saturation values have been derived from Archie's equation using parameters as described in this news release. All water saturation values are conservative ceiling estimates due to water-based mud filtrate invasion during drilling. True formation water saturation is estimated to be 10-15 percentage points lower in each zone. This uncertainty has not been adjusted for in the reported values; readers are cautioned that reported water saturations may overstate the true water saturation of the formation.*Well test disclaimer:* The drill stem tests and swab results reported herein were conducted under non-flowing reservoir conditions using swab techniques and are not representative of sustained production rates from properly completed wells. No sustained production test has been conducted. The acid stimulation and swab results demonstrate the presence of mobile oil and a connected fracture system but should not be used to estimate production rates from the sidetrack wells, which will be completed with electrical submersible pumps. No volumes of oil have been produced from this well to date on a commercial basis.*Analogue fields:* References to production rates and reservoir characteristics at the Sehit Aybüke Yalçin, Sehit Esma Çevik, Yagizoymak and Bulmuslar fields are based on publicly available information reported by Türkiye Petrolleri Anonim Ortakligi ("TPAO") and public media sources and the resource report prepared by Chapman. These fields are operated by TPAO and Trillion Energy has no direct knowledge of their subsurface or production data beyond public data. Production rates at these analogue fields are not necessarily indicative of resources or production rates that may be achieved at Block M47C3,C4. Risking Methodology -Contingent Resources - Chance of Development: Chapman assigned an 81% Chance of Development ("CD") to the North Prospect Contingent Resources. The CD reflects Chapman's assessment of the probability that the contingencies preventing classification as reserves will be resolved in favour of development, consistent with COGEH Section 2.1.3. Factors considered in the CD assignment include: confirmation of commercial oil flows at C-1 and C-2; proximity to the Sehit Aybüke Yalçin and analogous producing fields; preliminary economic viability at current forecast oil prices; and the status of the earn-in and joint operating arrangements. The Risked Expected Value for Contingent Resources is calculated by Chapman as the product of the unrisked 2C NPV10% and the 81% CD, in accordance with COGEH. The CD does not reflect probability of technical success (which is treated as demonstrated by the existing well results) but rather the probability that the project proceeds to development.Prospective Resources - Chance of Discovery and Chance of Commerciality: For the Central and Findik prospects, Chapman assigned a Chance of Discovery ("CoDis") and a Chance of Commerciality ("CoC") in accordance with COGEH Section 2.1.3. The CoDis reflects the probability that drilling will encounter moveable hydrocarbons, assessed by Chapman by reference to four geological risk factors: source rock (charge), geological timing and migration, reservoir quality, and trap and seal integrity. The CoC reflects the combined probability that hydrocarbons are both discovered and commercially developable, incorporating the CoDis and an additional development probability. Chapman's assigned values are: Central Prospect - CoDis 38%, CoC 31%; Findik Prospect - CoDis 45%, CoC 36%. After-risk NPV figures apply the CoC to the unrisked P50 (arithmetic average) NPV10%. These risking estimates were assigned solely by Chapman and are not independently verified by the Company.Project Basis - Contingent Resources: The development program described in this news release for the North Prospect Contingent Resources is based on a conceptual discovery and development study, as characterized by Chapman in the evaluation report. No pre-feasibility or feasibility study has been completed. The development scenario, including well count, production rates, capital costs and timing, represents Chapman's assessment of a reasonable development concept based on analogous field data and technical information available at the effective date. These parameters are subject to material change as additional technical and commercial information becomes available.Project Basis - Prospective Resources: The development programs described for the Central and Findik prospects are based on conceptual discovery and development studies, which Chapman characterizes as scoping-level analyses. The resource estimates and associated economic analyses have been conducted under a discounted cash flow methodology applied to a defined project scenario, but the program has not advanced beyond a conceptual or scoping stage. Readers are cautioned that conceptual studies carry a higher degree of uncertainty than pre-development or development studies and that actual results, if any resources are discovered and developed, may differ materially from those presented.Consistency with Evaluator Methodology: All risking probabilities and expected value calculations disclosed in this news release are taken directly from the Chapman report and reflect Chapman's own methodology and assignments. The Company has not independently re-risked or adjusted any probability estimate assigned by Chapman.Economic Assumptions -The NPV estimates disclosed in this news release are derived from the Chapman evaluation and are based on the following economic assumptions. All monetary amounts are expressed in United States dollars.Oil Price Deck: Chapman's January 1, 2026 forecast price deck (Attachment 1 to the Chapman report) was used for all NPV calculations. The evaluation applies the Brent Spot (ICE) forecast prices plus a property-specific premium of US$2.33/STB to Brent, based on revenue statements from another property the Company operates in Türkiye, yielding the following realized crude oil prices: 2026 - US$66.01/STB; 2027 - US$72.71/STB; 2028 - US$76.90/STB; 2029 - US$78.39/STB; 2030 - US$79.91/STB; 2031 - US$81.47/STB; 2032 - US$83.05/STB; 2033 - US$84.66/STB; 2034 - US$86.31/STB; 2035 - US$87.99/STB; thereafter escalating at approximately 2% per year in accordance with Chapman's forecast methodology. Royalties and Fiscal Terms: A 12.5% government royalty applies to gross production revenues from the North Prospect. No royalty deduction is applied to the Central or Findik prospects as these are prospective (pre-discovery) resources. All NPV estimates are presented on a before-income-tax basis; Turkish corporate income tax has not been deducted.Capital Costs: Capital costs have been estimated by Chapman based on historical experience and analogy, expressed in current-year dollars and escalated at 2% per year. Per-well costs to drill, complete and tie-in to a local battery are US$3.5 million per well plus US$200,000 per well for surface facilities and share of field infrastructure, applicable to all three prospects. An additional US$1.0 million per prospect has been applied for seismic in year one. The first well in each prospect is grossed up to reflect the 80%/29% earning well cost split under the farm-in agreement (i.e., Trillion bears 80% of the first well cost rather than 29%). Abandonment and restoration costs of approximately US$125,000 per well (net of salvage) are included in the terminal year cash flows. All capital costs are stated on a gross (100% working interest) basis before application of Trillion's 29% working interest, except where indicated.Operating Costs: Operating costs have been estimated at US$8.00/STB average (gross), based on discussions with the Company and historical experience. Costs are split 50/50 between variable and fixed components: a variable cost of US$4.00/STB and a fixed cost of US$7,500 per well per month (which scales with well count), plus fixed corporate and infrastructure costs that are constant throughout the project life. All operating costs are expressed in current-year dollars and escalated at 2% per year.Discount Rate: NPV estimates are discounted at 10% per year before income tax (NPV10%). NPV10% is not necessarily indicative of fair market value. Readers are cautioned that NPV10% is a technical valuation metric used in resource evaluation and does not represent the present value of future cash flows that will necessarily be realized by the Company.*Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this news release.*To view the source version of this press release, please visit https://www.newsfilecorp.com/release/292843
Original: Trillion Energy Announces Independent Resource Evaluation

Trillion Energy Announces Light Oil DiscoveryApril 14, 2026 9:00 AM
Newsfile32.4° API Light Oil Discovery Confirmed at C-1 Well with 38 Metres Net PayVancouver, British Columbia--(Newsfile Corp. - April 14, 2026) - Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) (FSE: Z62) ("Trillion" or the "Company") is pleased to announce a significant light oil discovery at the Çetinkaya-1 ("C-1") well in Southeast Türkiye, and a strategic realignment to focus on high-impact oil exploration. Light Oil Discovery at Çetinkaya-1 Confirms Mardin Group PotentialThe Company reports that the C-1 exploration and appraisal well on Block M47C3,C4 in Sirnak Province, has successfully confirmed 32.4° API light oil within the Cretaceous Beloka and Mardin Group carbonates. A wireline logging programme was conducted, including gamma ray, dual laterolog resistivity (shallow and deep), compensated density, compensated neutron porosity, sonic, spontaneous potential, and multi-arm caliper. Log analysis was performed using Archie's equation with parameters calibrated to the C-1 formation conditions.Key technical highlights include:Hydrocarbon-bearing intervals confirmed in both the Beloka and Mardin formations Fractured dolomitic oil reservoir containing light oil (32.4 API)38.0 metres of net oil pay identified within a 76.6-metre gross reservoir interval, representing a ~50% net-to-gross ratio. Fracture-adjusted gross pay: of about 40.6 m with fracture-adjusted net pay: about 36.0-38.5 mAverage effective porosity (PHIE): 5.5%; Estimated fracture-enhanced effective permeability 5-50 mD, with potential upside; average water saturation (Sw): 25% Best reservoir interval 7m shows PHIE up to 8.1% and Sw as low as 8%, indicated >90% oil saturation Reservoir composed predominantly of dolomitic carbonate (77% dolomite), consistent with productive regional analogues Best log-derived oil saturated reservoir intervals (~2418-2448 m) have not been properly testedA 30-barrel 15% hydrochloric acid stimulation occurred, confirming fracture permeability and produced 32.4° API light oil at increasing oil cuts, reaching 36% oil cut in the final swab campaignImportantly, the well intersected only ~38 metres of a targeted 250-350 metre reservoir section, as drilling was halted at 2,455 metres due to loss of circulation. Additional reservoir section (~160+ metres) remains unpenetrated due to early termination of drilling Net pay cut-off criteria: water saturation (Sw) ≤ 50%; matrix porosity (f) ≥ 3.0% and PHIT ≥ 4%. Key observations from the zone data:Zone A (2,384-2,397 m) is the primary target with 13.0 m of net pay and has not yet been perforated. This represents a near-term testing opportunity in the existing wellboreThe Near TD zone (2,447-2,455 m) shows an improving reservoir trend at total depth, indicating that the deeper, untested and unpenetrated reservoir section to be accessed by a planned sidetrack Multiple stacked pay zones were identified across the Beloka and Derdere Formations, demonstrating a robust, multi-zone oil systemSignificant Upside Identified at Structural Crest accessible by sidetrackingThe C-1 well was drilled on the eastern flank of the North Lead structure near the spill point, suggesting that only a limited portion of the hydrocarbon column was encountered. A follow-up sidetrack well (C-1ST) is now planned to target the structural crest, approximately 75-100 metres higher, where the interpreted oil column is significantly greater. Strategic Location Near Major Producing FieldBlock M47C3,C4 is located approximately 11 km southeast of Türkiye's largest onshore oil discovery, the Sehit Aybüke Yalçin field, which produces from the same Beloka and Mardin Group carbonate reservoirs.The Company believes the reservoir characteristics observed at C-1, including oil gravity, porosity, and fracture-driven flow, are directly analogous to those of nearby producing fields, reinforcing the commercial potential of the North Lead oil discovery.About the CompanyTrillion Energy International Inc. is focused on oil and natural gas exploration and production in Türkiye. The Company has an agreement to earn a 29% working interest in the M47 oil exploration block (c3 and c4 licenses) located in the Cudi-Gabar petroleum province of Southeastern Türkiye. More information may be found on www.sedarplus.ca, and on our website. Contact
Scott Lower, President
Brian Park, Vice President of Finance
1-778-819-1585
E-mail: info@trillionenergy.com
Website: www.trillionenergy.com Cautionary Statement Regarding Forward-Looking Information**Forward-Looking Information**This news release contains "forward-looking information" within the meaning of applicable Canadian securities laws, including but not limited to: statements regarding the planned C-1ST sidetrack programme and timing thereof; the anticipated use of Managed Pressure Drilling and open-hole logging in the sidetrack wells; the interpretation of the C-1 structural position relative to the North Lead crest; the anticipated oil column and reservoir characteristics at the structural crest; anticipated completion of the sidetrack wells and the expected data to be obtained; and the Company's assessment of the analogy between Block M47C3,C4 and the Sehit Aybüke Yalçin and Sehit Esma Çevik fields.Forward-looking information is based on a number of assumptions including, without limitation: access to the block and rig availability; JOC partner approvals; prevailing oil prices and foreign exchange rates; the accuracy of analogies to nearby producing fields; the geological interpretation of available well and seismic data; and the availability of required services and equipment.Forward-looking information is subject to known and unknown risks, uncertainties and other factors, many of which are beyond the Company's control, that may cause actual results to differ materially from those expressed or implied by such forward-looking information. These risks include: geological risk that the structural crest does not contain the anticipated oil column; drilling and operational risk including lost circulation, stuck pipe, and equipment failure; reservoir risk that the fracture network is not connected to the structural crest; commodity price risk; regulatory risk in Türkiye; JOC partner risk; and currency risk. Readers are cautioned not to place undue reliance on forward-looking information.The forward-looking information contained in this news release is made as of the date hereof and the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise, except as expressly required by applicable securities law.**Oil and Gas Disclosure - COGEH / NI 51-101**This news release has been prepared in accordance with National Instrument 51-101 - Standards of Disclosure for Oil and Gas Activities ("NI 51-101") and the Canadian Oil and Gas Evaluation Handbook ("COGEH").*Pay definitions:* "Gross pay" refers to the total thickness of the reservoir interval above a minimum hydrocarbon saturation threshold as identified from wireline logs, without application of porosity or water saturation cut-offs. "Net pay" refers to the thickness of reservoir rock meeting minimum porosity (f ≥ 3.0%) and maximum water saturation (Sw ≤ 50%) cut-offs as described herein.*Log quality and water saturation:* Water saturation values have been derived from Archie's equation using parameters as described in this news release. All water saturation values are conservative ceiling estimates due to water-based mud filtrate invasion during drilling. True formation water saturation is estimated to be 10-15 percentage points lower in each zone. This uncertainty has not been adjusted for in the reported values; readers are cautioned that reported water saturations may overstate the true water saturation of the formation.*Well test disclaimer:* The drill stem tests and swab results reported herein were conducted under non-flowing reservoir conditions using swab techniques and are not representative of sustained production rates from properly completed wells. No sustained production test has been conducted. The acid stimulation and swab results demonstrate the presence of mobile oil and a connected fracture system but should not be used to estimate production rates from the sidetrack wells, which will be completed with electrical submersible pumps. No volumes of oil have been produced from this well to date on a commercial basis.*Analogue fields:* References to production rates and reservoir characteristics at the Sehit Aybüke Yalçin and Sehit Esma Çevik fields are based on publicly available information reported by Türkiye Petrolleri Anonim Ortakligi ("TPAO") and public media sources. These fields are operated by TPAO and Trillion Energy has no direct knowledge of their subsurface or production data. Production rates at analogue fields are not necessarily indicative of production rates that may be achieved at Block M47C3,C4.*Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this news release.*To view the source version of this press release, please visit https://www.newsfilecorp.com/release/292388
Original: Trillion Energy Announces Light Oil Discovery

Trillion Energy Announces Asset Disposition and Royalty AgreementApril 10, 2026 4:54 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - April 10, 2026) - Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) (FSE: Z620)  ("Trillion" or the "Company") announces that, through a subsidiary it has entered into a sale agreement for all the issued and outstanding shares of Park Place Energy Turkiye Limited ("PPET"), which owns the Company's licence interests in the South Akcakoca Sub-Basin (SASB) natural gas project and the Cendere oil field ("the Licences"). Key elements of the sale transaction include: Transfer of approximately US$20 million in associated liabilities of PPET to the purchaser and retention of a 7% Gross Overriding Royalty (GORR) on future production revenues from the Licences to be paid to Trillion. The Company will further benefit from eliminating >USD$20m legacy liabilities from its balance sheet, as well as further ongoing capital and operational commitments tied to mature assets, while preserving long-term upside through royalty exposure. Key terms of the Royalty include: a) effective when cumulative gross revenues from the Licenses post-closing exceed US$7,500,000, and b) any future disposition of the Licenses will trigger crystallization of the Royalty, requiring valuation and payment of 7% of the gross value attributed to the Licenses in such disposition.About the CompanyTrillion Energy International Inc. is focused on oil and natural gas exploration and production in Türkiye. The Company has an agreement to earn a 29% working interest in the M47 oil exploration block (c3 and c4 licenses) located in the Cudi-Gabar petroleum province of Southeastern Türkiye. More information may be found on www.sedarplus.ca and on our website. Contact
Scott Lower, President
Brian Park, Vice President of Finance
1-778-819-1585
E-mail: info@trillionenergy.com
Website: www.trillionenergy.com Cautionary Statement Regarding Forward-Looking Information**Forward-Looking Information**This news release contains "forward-looking information" within the meaning of applicable Canadian securities laws, including but not limited to: statements regarding: the closing and completion of the sale; the terms and operation of the Royalty; the Production Threshold and timing of royalty payments; the implementation and expected effective date of the Share Consolidation; the post-consolidation share count; the planned corporate name change; the Company's strategic focus on oil exploration; and the business and affairs of the Company generally.Forward-looking information is based on a number of assumptions including, without limitation: access to the block and rig availability; JOC partner approvals; prevailing oil prices and foreign exchange rates; the accuracy of analogies to nearby producing fields; the geological interpretation of available well and seismic data; and the availability of required services and equipment.Forward-looking information is subject to known and unknown risks, uncertainties and other factors, many of which are beyond the Company's control, that may cause actual results to differ materially from those expressed or implied by such forward-looking information. These risks include: the ability to obtain required regulatory and exchange approvals for the Consolidation and name change; the ability of the Purchaser to meet its obligations under the Sale Agreement; commodity price volatility; counterparty and title risks; geopolitical risks associated with operations in Türkiye; and other risks described in the Company's public filings available on SEDAR+ at www.sedarplus.ca. Readers are cautioned not to place undue reliance on forward-looking information.The forward-looking information contained in this news release is made as of the date hereof and the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise, except as expressly required by applicable securities law.*Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this news release.*To view the source version of this press release, please visit https://www.newsfilecorp.com/release/292032
Original: Trillion Energy Announces Asset Disposition and Royalty Agreement

Trillion Energy Corporate Update and AGMMarch 31, 2026 9:42 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - March 31, 2026) - Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) (FSE: Z620) ("Trillion" or the "Company"), provides the following corporate update.The Company would like to encourage shareholders to attend its Annual General Meeting of Shareholders ("AGM") scheduled for today, March 31, 2026. At the AGM, shareholders will vote on: setting the number of directors at four; the election of directors; the appointment of auditors; and the approval of the Company's Long-Term Equity Incentive Plan. Additional details are available in the Company's management information circular filed on SEDAR. See further details at: www.trillionenergy.com/agm2026.South Akcakoca Sub-Basin ("SASB") –The Company, through its wholly owned Cayman Islands subsidiary Park Place Energy Inc. ("PPE"), holds a 49% working interest in the SASB natural gas project located in the Black Sea. The Turkish Petroleum Corporation (TPAO), the Turkish national oil and gas company, is the 51% owner and operator of SASB. The Company is actively seeking buyers for its 49% interest in SASB and will provide further updates as they become available.The Company, through a wholly owned subsidiary, has signed a new agreement for Trillion to earn a 29% working interest in the M47 Block located in SE Turkey in exchange for a total investment of US$15 million. The earn in is subject to, inter alia, the Company paying for certain work program costs on a timely basis. The Work Program is expected to include new exploration wells and acquisition of seismic data. The total work program cost for the M47 block shared between the existing parties to the M47 block is approximately USD $35 million, of which approximately $18 million has been expended to date. As part of the contemplated earn in, the Company will bear 80% of the cost of the next two wells as well as certain seismic costs. The Company is responsible for advancing two funding tranches: the first tranche is US$9.5 million for the 2026 work program and second tranche is US $5,500,000 for the 2027 work program. The 29% earn in interest is subject to the Company meeting its funding commitments as setout herein.A Joint Operating Committee will determine all drilling decisions, planning and procurement matters.Following Trillion's investment, the parties to the M47 Block shall thereafter bear costs in proportion to their participating interests. The Company's cost contribution shall thereafter be reduced to its pro rata interest. The previously announced farm in agreements on M47 and M46C and M46D blocks have been cancelled.In addition, the Company is actively pursuing further oil and gas opportunities across Türkiye and the broader region. Management continues to evaluate a pipeline of prospective oil and gas assets and welcomes discussions with potential partners and asset holders. The Company believes its technical expertise and established in-country presence position it well to identify and execute on additional value-accretive opportunities as they arise.About the CompanyTrillion Energy International Inc. is focused on oil and natural gas exploration and production in Türkiye. The Company holds a 29% working interest in the M47 oil exploration block (c3 and c4 licenses) located in the Cudi-Gabar petroleum province of Southeastern Türkiye. Through its wholly owned subsidiary Park Place Energy Inc., the Company also holds a 49% working interest in the South Akcakoca Sub-Basin (SASB) natural gas field in the Black Sea, where TPAO is the 51% owner and operator. In addition, the Company holds a 19.6% interest (except three wells at 9.8%) in the Cendere oil field in Türkiye. More information may be found on www.sedarplus.ca, and our website. Contact
Scott Lower, President
Brian Park, VP of Finance
1-778-819-1585
E-mail: info@trillionenergy.com
Website: www.trillionenergy.com Cautionary Statement Regarding Forward-Looking InformationThis corporate update contains certain forward-looking information and forward-looking statements within the meaning of applicable Canadian securities legislation (collectively, "forward-looking statements"). Forward-looking statements are often identified by the use of words such as "plans," "expects," "anticipates," "believes," "estimates," "intends," "may," "will," "would," "could," or "potential," or statements that events or conditions "will," "may," "could," or "should" occur or be achieved. Forward-looking statements in this release include, without limitation, statements regarding: the M47 Block farmin agreement, work program commitments and timing, drilling and seismic activities, the proposed sale of the Company's SASB interest, the Company's pursuit of additional farmin and development opportunities, and the business and affairs of the Company generally. These statements are based on management's current expectations and assumptions, which are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially, including: commodity price volatility; the ability to obtain required regulatory, governmental and partner approvals; exploration and drilling risks; geological and technical uncertainties; access to capital; counterparty and title risks; geopolitical risks associated with operations in Türkiye; and other risks described in the Company's public filings available on SEDAR at www.sedarplus.ca. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements, except as required by applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/290649
Original: Trillion Energy Corporate Update and AGM

Trillion Energy Announces Debenture Settlement AgreementMarch 27, 2026 4:39 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - March 27, 2026) - Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) (FSE: Z62) ("Trillion" or the "Company") announces that further to the convertible debenture indenture entered into between the Company and debentureholders dated April 20, 2023 and as supplemented from time to time thereafter for aggregate principal amount of $15,000,000 at 12.0% interest for convertible debentures of the Company (the "Convertible Debentures"), holders (the "Debenture Holders") representing at least 66-2/3% of the principal amount of the Convertible Debentures have signed an extraordinary resolution dated March 20, 2026, authorizing the Company and the debenture trustee Odyssey Trust, to enter into a fourth supplemental debenture indenture (the "Fourth Supplemental Indenture") to amended various terms of the Indenture as described below.As of March 20, 2026, the Company owes principal and interest to the Debenture Holders, all of which is currently due in the amount of CAD$16,379,828.49 as of January 31, 2026 (principal amount of CAD$14,999,000 plus interest of CAD$1,380,828.49) plus interest accrued to March 20, 2026 (the "Amount Due").The Company intends to use its best efforts to raise new equity capital for cash consideration through a brokered prospectus offering to investors for an amount not less than CAD$10,000,000 (the "Financing Amount") to conclude at or before September 30, 2026 (the "Financing"). The Company and the Debenture Holders entered into the Fourth Supplemental Indenture dated March 20, 2026 and, provided the Company completes the Financing for aggregate proceeds of not less than the Financing Amount, the Amounts Due shall be settled and satisfied in the manner set out in the Fourth Supplemental Indenture (collectively, the "Amendments").Subject to and conditional upon the Company completing the Financing for aggregate proceeds of not less than the Financing Amount:The Debenture Holders shall convert $11,000,000 of the Amount Due (the "Converted Amount") to common shares of the Company at the same price and terms of the Financing completed by the Company. In the event that the Company completes the Financing in one or more separate tranches or offerings, the Debenture Holders shall only be obligated to convert the Convertible Debentures hereunder when the cumulative total raised from the Financing meets or exceeds the Financing Amount; and The remaining portion of the Amount Due (approximately $5.37 million) shall be written off and fully forgiven by the Debenture Holders (the "Forgiven Amount").In the event the Financing is completed in more than one tranche or offering at different offering prices, the Debenture Holder's conversion price shall be equal to the lowest price at which equity capital is issued under the Financing. In the event the Company does not complete the Financing for aggregate proceeds of not less than the Financing Amount Financing on or before September 30, 2026, this Fourth Supplemental Indenture shall terminate and be of no force and effect after such date, and the Amount Due owing under the Convertible Debentures shall immediately become due and payable, including for greater certainty the Forgiven Amount.A copy of the Fourth Supplemental Indenture will be filed on SEDAR+ under the Company's profile at www.sedarplus.ca.About the CompanyTrillion Energy International Inc is focused on oil and natural gas production for Europe and Türkiye with natural gas assets in Türkiye. The Company is 49% owner of the SASB natural gas field, a Black Sea natural gas development and a 19.6% (except three wells with 9.8%) interest in the Cendere oil field. More information may be found on www.sedarplus.ca, and our website. Contact
Sean Stofer, Chairman
Brian Park, VP of Finance
1-778-819-1585
E-mail: info@trillionenergy.com
Website: www.trillionenergy.comTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/290285
Original: Trillion Energy Announces Debenture Settlement Agreement

This will not make Turkey great again

Good grief.

TRILLION ENERGY ANNOUNCES CEO RETIREMENT AND NEW MANAGEMENT APPOINTMENTS

January 3, 2025 – Vancouver, B.C. – Trillion Energy International Inc. (“Trillion”, or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) announces that the Company’s Board of Directors has accepted Arthur Halleran’s resignation and retirement as Chief Executive Officer and Director of the Company, effective December 27, 2024. Mr. Art Halleran served as CEO since 2017 and spearheaded the SASB development project to date.

The Company is conducting an executive search, committed to selecting and appointing a seasoned executive with capital markets and technical experience to lead the Company as CEO. The recruitment process is well under way and the Board of Directors is committed to concluding the transition as soon as possible. The new CEO will focus on exploiting existing assets and strategically enter new plays to increase overall value to all shareholders.

Trillion is pleased to announce that Mr. Sean Stofer P.E., is appointed Chairman of the Board of Directors, and will also assume the role of interim Chief Executive Officer, while the Company completes its executive search for a permanent CEO. Mr. Stofer is a graduate of the University of British Columbia in Engineering and has over 20 years of energy industry leadership and governance experience.

Sean has a proven record of founding several successful energy companies and delivering high growth through operational excellence. He has worked on the conventional energy projects and the development of hundreds of megawatts of power projects including solar, wind, hydroelectric and recently the arctic’s largest solar array; Sean was awarded the Top 40 Under 40 in Vancouver, Canada for his business achievements.

Mr. Burak Tolga Terzi has been appointed as a Vice President and Deputy General Manager for the Company. Mr. Terzi holds a Bachelor of Business Administration and Master’s degree in logistics. Mr. Terzi previously worked for Valeura Energy Inc. (TSX: VLE) in Turkey, SOCAR (the State Oil Company of Azerbaijan Republic), Weatherford International, Nobel Oil Services and AQS in Turkey and Iraq.

Mr. Scott Lower CPA, has been appointed as President of the Company effective immediately. Mr. Lower has served in a consulting role for the Company in the public markets and its endeavors and recently was appointed as President of one of the Company’s subsidiaries, Park Place Energy. Mr. Lower holds his CPA designation, a Bachelor of Business Administration and a background in finance and public markets.

The Company additionally plans to create an advisory board of industry veterans and seeks to add two additional directors as part of its overall transitional plan in Q1 2025.

Interim CEO & Chairman Mr. Sean Stofer remarked:

“We would like to thank Mr. Halleran for his years of dedicated service as CEO in the early development of SASB and Trillion. We look forward to a transformational year for Trillion, by ramping up production leveraging existing assets and acquiring additional assets. The Company is committed to the process of new appointments to drive future growth and success for Trillion shareholders.”

TRILLION ENERGY SUCCESSFULLY RE-COMPLETES WELLS IN VS PROGRAM

December 3, 2024 – Vancouver, B.C. – Trillion Energy International Inc. (“Trillion”, or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) is pleased to announce that it has successfully run 2 3/8 velocity string tubing (“VS”) in four existing wells, including three long reach wells on the Akcakoca Platform at the SASB Gas Field, Turkey.

The new tubing operation was conducted to reduce water loading, increase production and overall recovery from the wells. With the new tubing strings, the wells should be able to produce at a lower WHP (well head pressure) for a longer period.

Following the velocity string installation, production from Guluc-2 and West Akcakoca-1 commenced production again and is showing steady improvement, demonstrating the program's initial success in enhancing well performance. Both wells previously experienced production challenges causing down time due to water loading with the previous 4 1/2 tubing. The Akcakoca-3 well continues production with reduced daily water production.

The Company is presently planning the next phase of the operation, which is running the VS on two tripod wells and stimulating all the wells to clean up the producing reservoirs, build pressure and increase production. Choke sizes are being adjusted to minimize water production and maximize gas production. The Company has been injecting nitrogen into wells to flush out water build up as needed.

Winter weather conditions prolonged the operation and necessitated a week's break between the tripods and platform operation, as did the requirement for ordering additional equipment (burst disks) which are expected to arrive later this week.

The Company is confident that these measures will lead to an increase in production for these wells.

can't tell if their earnings look more like a dumpster fire or train wreck!

Trillion Energy Announces Akcakoca-3 Well Production
9:00 AM ET, 09/10/2024 - GlobeNewswire
Vancouver, B.C. , Sept. 10, 2024 (GLOBE NEWSWIRE) -- Trillion Energy International Inc.(“Trillion” or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) is pleased to announce that the Akcakoca-3 well at the SASB Gas Field has now been put into production.

On July 17, 2024, eleven (11) meters of gas pay was perforated in the Akcakoca-3 well, however, due to delayed pressure build up, was not initially produced.

By Friday September 6th, 2024 the well head pressure (WHP) for Akcakoca-3 had increased to 616 psi and the well was put into production. Initial production flow rates were 4.28 MMcf/d which increased to 4.66 MMcf/d with WHP increasing to 645 psi.

At the same time, Alapli-2 was opened to test pressure resulting in gas flow to surface, however, is not producing gas in significant quantities at this time -production is pending installation of velocity strings.

“We are thrilled with the strong performance of Akcakoca-3 and the successful flow tests at Alapli-2, “said Arthur Halleran, CEO of Trillion Energy. “All the wells except Bayhanli-2 have now been put on production or flow tested to ascertain if gas is present and capable of production in the 4 ½” production tubing. This confirms that once the 2 3/8” is installed in the wells the gas will flow in a predictable and stable manner.”

Based on today's news they just added 700k per month to revs by putting Akcakoca-3 into production.

September 4, 2024
Trillion Energy Reports Record Production +US$1,000,000 Gross Production Revenue For August
Black Sea Asset Drives Significant Gas Revenue Growth as Company Prepares for Velocity String Installation

September 4, 2024 - Vancouver, B.C. - Trillion Energy International Inc. (“Trillion” or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) is pleased to provide this production update for oil and gas fields, highlighting robust performance and strategic developments.

During the month of August, the 100% gas production from SASB was about 133.13 MMcf giving a gross total of US$1,456,400 and a Trillion 49% value of US$713,640 with a realized Natural Gas price of about US$10.94. Trillion’s gross oil revenue from Cendere is US$342,700. Trillion’s total gross production revenue for August is US$1,056,340.
The gas revenue from SASB is 95% from Guluc-2 and South Akcakoca-2, both stabilized and 5% from West Akcakoca-1 which has not stabilized and produces intermittently. SASB’s total average production for August was 4.6 MMcf/d. Akcakoca-3 well head pressure (WHP) has continued to increase to a current 583 psi compared to the initial WHP of 100 psi and early this week the well will be opened for a flow test.
Trillion Energy’s August performance underscores the company’s growing position in the European energy market. With the SASB gas field contributing significantly to revenue, Trillion is poised for future growth as it explores production optimization techniques. The potential installation of velocity string in the wells is expected to substantially increase gas production, mirroring the success of legacy wells that averaged 4.2 Bcf per well using 2 3/8” production tubing.
Trillion Energy is positioned to significantly enhance production through the installation of 2 3/8” velocity strings (VS), replacing the current 4 ½“tubing. This upgrade is expected to substantially increase gas flow rates. Everything is ready for changing out the production tubing from 4 ½” to 2 3/8” diameter tubing, velocity string installation (VS). To install the VS the wells have to be killed, but with the wells producing gas at these high daily rates killing the well is undesirable therefore the feasibility of installing the VS in a flowing well is being evaluated.
CEO Arthur Halleran stated:

“Trillion’s August gross revenue of US$1.46 Million illustrates the future potential of increasing the monthly revenue once we have more than just two gas wells producing. The VS (2 3/8” production tubing) installation in all 6 wells will substantially increase the gas production at SASB. The 10 legacy wells at SASB between 2007 and 2021 produced a total of 42.19 Bcf of gas utilizing 2 3/8” production tubing, about 4.2 Bcf/well. We can expect the same with our wells once we put in the 2 3/8”. Even with the 4 ½” production tubing we have produced 2.71 Bcf of gas from our 2022/23 wells. Our gas price is US$10.94/mcf whereas the Henry Hub Gas spot price is US$1.91.”

About the Company
Trillion Energy International Inc is focused on oil and natural gas production for Europe and Türkiye with natural gas assets in Türkiye. The Company is 49% owner of the SASB natural gas field, a Black Sea natural gas development and a 19.6% (except three wells with 9.8%) interest in the Cendere oil field. The Company has a 50% interest in 3 oil exploration blocks in S.E. Türkiye. More information may be found on www.sedar.com, and our website.

Contact
Arthur Halleran, Chief Executive Officer
Brian Park, Vice President of Finance
1-778-819-1585
e-mail: info@trillionenergy.com;
Website: www.trillionenergy.com

ACCELERATEDTRILLION ENERGY ANNOUNCES SUCCESSFUL SASB GAS PRODUCTION, HIGHLIGHTED BY ACCELERATED PAYBACK AND INCREASED PRODUCTION
9:00 AM ET, 09/04/2024 - GlobeNewswire
Vancouver, B.C., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Trillion Energy International Inc.(“Trillion” or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) is pleased to provide this production update for the SASB gas field.

SASB revitalization program is off to a great start having realized the complete payback of recent perforation costs in just 35 days of production. In first phase of workover all remaining gas pay on the Akcakoca platform was perforated including three long reach deviated gas wells Guluc-2, South Akcakoca-2, West Akcakoca-1 wells and the recompleted legacy well Akcakoca-3, all drilled in the 2022/2023 program. The wells started production over a staggered period from July 9 to July 28 and have already produced 140MMcf representing a 35-day payoff of the recent perforation CAPEX.

South Akcakoca-2 has been producing for 36 days, stabilizing at approximately 2.75 MMcf/d. Guluc-2 has produced for over three weeks with an average production of 2.0 MMcf/d and now produces at a stable rate of about 1.25 MMcf/d. West Akcakoca-1 has produced an average of 0.60 MMcf/d for over two weeks with some irregularities and has not yet stabilized. Akcakoca-3 was perforated and although gas flow did not initially occur the well head pressure (“WHP”) has steadily increased from 100 psi to 478 psi and is therefore anticipated to start producing soon.

Gas production from the Akcakoca Platform has averaged 4.6 MMcf/d since the perforation program concluded.

CEO Arthur Halleran stated:

“The wells on the Akcakoca Platform have been completed successfully with gas production and WHP continuing to increase. This early return on our investment is a clear indicator of the field’s robust production potential. The results are very positive, giving us good indications that decreasing the production tubing size from 4 ½” to 2 3/8” using velocity strings, should stabilize gas production at the targeted rates.”

Trillion also announces that the Board of Directors of the Company has authorized the granting of stock options under its Stock Option Plan to purchase 8,800,000 common shares of the Company at an exercise price of $0.14 per share for a five-year term expiring August 12, 2029. The stock options are being granted to certain directors, officers, employees and consultants of the Company.

About the CompanyTrillion Energy International Inc is focused on oil and natural gas production for Europe and Türkiye with natural gas assets in Türkiye. The Company is 49% owner of the SASB natural gas field, a Black Sea natural gas development and a 19.6% (except three wells with 9.8%) interest in the Cendere oil field. The Company has a 50% interest in 3 oil exploration blocks in S.E. Türkiye. More information may be found on www.sedar.com, and our website.

ContactArthur Halleran, Chief Executive OfficerBrian Park, Vice President of Finance1-778-819-1585e-mail: info@trillionenergy.com; Website: www.trillionenergy.com

Art needs to return to giving weekly drilling updates.

Nice....
Sure would like to hear what's going
on with SE Turkiye.

TRILLION ENERGY ANNOUNCES SUCCESSFUL SASB GAS PRODUCTION, HIGHLIGHTED BY ACCELERATED PAYBACK AND INCREASED PRODUCTION

Successful Production and Completion of 4 Workovers, Marks a Major Milestone in Trillion's Strategic Perforation Program, Increasing Gas Production Capacity at the Black Sea Asset
August 14, 2024 – Vancouver, B.C. – Trillion Energy International Inc. (“Trillion”, or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) is pleased to provide this production update for the SASB gas field.

SASB revitalization program is off to a great start having realized the complete payback of recent perforation costs in just 35 days of production. In first phase of workover all remaining gas pay on the Akcakoca platform was perforated including three long reach deviated gas wells Guluc-2, South Akcakoca-2, West Akcakoca-1 wells and the recompleted legacy well Akcakoca-3, all drilled in the 2022/2023 program. The wells started production over a staggered period from July 9 to July 28 and have already produced 140MMcf representing a 35-day payoff of the recent perforation CAPEX.

South Akcakoca-2 has been producing for 36 days, stabilizing at approximately 2.75 MMcf/d. Guluc-2 has produced for over three weeks with an average production of 2.0 MMcf/d and now produces at a stable rate of about 1.25 MMcf/d. West Akcakoca-1 has produced an average of 0.60 MMcf/d for over two weeks with some irregularities and has not yet stabilized. Akcakoca-3 was perforated and although gas flow did not initially occur the well head pressure (“WHP”) has steadily increased from 100 psi to 478 psi and is therefore anticipated to start producing soon.

Gas production from the Akcakoca Platform has averaged 4.6 MMcf/d since the perforation program concluded.

Arthur Halleran, CEO of Trillion stated:

“The wells on the Akcakoca Platform have been completed successfully with gas production and WHP continuing to increase. This early return on our investment is a clear indicator of the field’s robust production potential. The results are very positive, giving us good indications that decreasing the production tubing size from 4 ½” to 2 3/8” using velocity strings, should stabilize gas production at the targeted rates.”

Trillion also announces that the Board of Directors of the Company has authorized the granting of stock options under its Stock Option Plan to purchase 8,800,000 common shares of the Company at an exercise price of $0.14 per share for a five-year term expiring August 12, 2029. The stock options are being granted to certain directors, officers, employees and consultants of the Company.

TRILLION ENERGY ANNOUNCES SASB FLOW UPDATE

July 24, 2024 – Vancouver, B.C. – Trillion Energy International Inc. (“Trillion”, or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) is pleased to provide an update on the flow rates and well perforations at the SASB gas field.

South Akcakoca-2 - Updates on the flow rates are as follows: well head pressure (“WHP”) has stabilized at 371 psi and the well was recently producing 1.94 MMcf/d using 42/64” choke.

Guluc-2 - Initial flow was diverted to the platform vent line with a 64/64” choke where producing WHP was about 350 psi, the well was shut in and within 40 minutes the WHP increased to 1200 psi. Guluc-2 is currently producing at 3.35 MMcf/d with a WHP of 484 psi using a 32/64” choke.

West Akcakoca-1 -Only two of the five zones slated for perforations have been completed at this time due a wait for a replacement tool expected to arrive Thursday. The two perforated zones contain 5 metres gas pay, where WHP went from 1150 psi to 1350 psi. Three more gas zones totaling an additional 4 metres are expected be perforated, after which the well will be tested and flowed. We expect good results based on the initial WHP increase.

Akcakoca-3 was perforated over 11 metres of gas pay with no observable WHP increase, most likely due to water loading, which is currently at 315 metres depth. The well is expected to come back on at about 2 MMcf/d upon installation of a velocity string (2 3/8 production tubing).

Images of the velocity strings ready for installation are now available at Trillion’s social media platforms.

Well said, brother. I'm right there with you.

I think we have learned the hard way that Trillion was able to pick up the drill platforms and field for peanuts because the field was hard to produce. I doubt Trillion's market cap will soar just from the ngas field production. They need the workovers just to generate some cashflow and pay the bills but the big prize is oil onshore. Not much talk from Trillion about drill program. Hope they have enough cash to actually take a legitimate shot at these wells. It's my only hope of ever seeing my money again. It's been a painful value trap so far.

Picked up some below .07
Thinking we’re turning the corner here…

Picked up some TRLEF below .07
Figure we are finally turning the corner here …

TRILLION ENERGY COMMENCES WORK PROGRAM AT SASB GAS FIELD

May 23, 2024 – Vancouver, B.C. – Trillion Energy International Inc. (“Trillion”, or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) is pleased to provide this update and announce it has commenced operations program at the SASB Gas field, Turkey which will occur over a two-month period.

Operations are being conducted in several phases and involve seven or eight wells at the SASB gas field, including all six wells drilled/completed last year as well as a few older wells that historically experienced water loading issues.

Approximately 16,500 meters of velocity strings, new well heads and other tangibles have been ordered and are being received at shore base proximate to the Akcakoca port on an ongoing basis. Order delivery has been occurring over the last month and expected to continue as the work program unfolds. Service contractors have been engaged for perforations, well tractors, tubing running services; as well as marine vessels required to convey the equipment 14 kilometers offshore.

June Operations

49 meters of gas pay in four wells will be perforated commencing mid-June 2024, followed by initial velocity string installation in the AKK-3 well. Gas velocity strings, a key focus of this work program (velocity strings restrict the amount of water entering tubing to prevent water loading) are expected to improve well performance for long-term stabilize production. June operations will occur on the Akcakoca platform including Guluc-2, South Akcakoca-2, West Akcakoca-1 and Akcakoca-3 wells. This operation is estimated at 20 days’ time.

July Operations

The second set of operations commences during July and involves installation of gas velocity strings in 6 or more wells on the Akcakoca Platform and two tripods. Pump installation is anticipated in one or more older wells, which were not part of Trillion’s 2022-2023 drilling program on an as needed basis.

Private Placement

We are also pleased to announce we intend to complete a non-brokered private placement of up to 15,000,000 units of Trillion (the "Common Shares") at a price of $0.09 per unit, for aggregate gross proceeds of up to a maximum of $1,350,000 (the "Offering"). Each unit is comprised of a share and warrant exercisable at $.18 per share for two years. There is no minimum size to the Offering. Management of the Company has committed to subscribing for at least 20% of the Offering. Trillion may pay a cash finder's fee to qualified non-related parties of up to 7% of the gross proceeds of the Offering.

The Common Shares are being offered pursuant to available prospectus exemptions, including sales to accredited investors. Completion of the Offering is subject to regulatory approval including, but not limited to, the approval of the CSE. The securities issued will be subject to a four-month hold period from the date of the closing of the Offering.

Closing is expected to occur on or about May 28, 2024 or such other date as the Company may determine, and may be followed by additional closings until the Offering is fully subscribed.

Attention Art Halleran, stock price moving in the wrong direction.
The Mission Statement says, "Supply Natural Gas and Oil to Europe and Turkey."
Is this Mission Impossible?

Looks like some institution liked the latest press release.

Maybe Jed Clampett could find oil in Turkey.

Not a lot to chew on here…

TRILLION ENERGY PROVIDES OPERATIONAL UPDATE
April 8, 2024 – Vancouver, B.C. – Trillion Energy International Inc. (“Trillion”, or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) is pleased to provide this operational update for the SASB gas field.

Trillion is starting the SASB revitalization project now as all relevant equipment and supplies for the start of the operations arrive mid-April 2024. As mentioned previously a total of 49 metres of new gas pay will be perforated in Guluc-2, South Akcakoca-2, West Akcakoca-1 and Akcakoca-3 prior to the installation of the artificial gas lift (AL).

Shifting the start of the SASB revitalization project from the end of the 1st Qtr. to the beginning of the 2nd Qtr. was the result of “the only solution is the correct solution”. Previously, the SASB AL program consisted of PCP pumps, ESP pumps and velocity strings. However, with new skilled personnel hired that has changed to predominantly velocity strings for step one and years down the road a water pump installed to prevent future water loading. A velocity string is just a smaller diameter production tubing, as currently the new wells have 4 ½” production tubing and the company will just thread 2 3/8” production tubing inside of the 4 ½” tubing.

Al Thorsen states:

“From my experience, velocity strings are the best solution at this stage of the gas producing wells as velocity strings are cheap to install, relatively simple to operate, have no moving parts and are well suited to high gas producing wells. These wells have large volumes of gas yet to produce and the velocity string is the first step, in the future 5 to 6 years from now when the wells have most of the gas produced, at that time PCP pumps or ESP will be installed to extend the gas producing life of the wells”.
Installing velocity strings requires substantially less capital compared to installing PCPs and is much faster.

Further updates will be provided as SASB’s gas production increases.

Art Halleran, well, we're waiting

No excuses, then. TRLEF should find some oil.

EQUALIZER 2 opening scene, a bad man tells Denzel Washington, "You can find anything you want in Turkey."

Accounting fraud comes to mind.

Should we read between the lines?
Mrs. Ozge Karalli will no longer be able to fulfill the duties of the CFO as a result of her termination...
Kubilay Yildirim has resigned as a director of Trillion Energy effective immediately.

TRILLION ENERGY ANNOUNCES CFO AND DIRECTOR CHANGE
March 8, 2024 – Vancouver, B.C. – Trillion Energy International Inc. (“Trillion”, or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) has announced the appointment of David Thompson as Interim CFO and a search for a permanent Chief Financial Officer (CFO). The Company also announces grant of stock options.

Mrs. Ozge Karalli will no longer be able to fulfill the duties of the CFO as a result of her termination with Park Place Energy, Trillion’s operating subsidiary in Turkey. David Thompson, a director and former CFO of the Company has agreed to act and has been appointed as interim CFO until a new permanent CFO is appointed. Trillion has enacted a transition leadership plan until a permanent CFO is confirmed.

Mr. Thompson has 30 years of financial experience in the international oil and gas industry in the U.S. Europe, Turkmenistan and is managing director of AMS Limited, a Bermuda based management company. He has served as president and CEO of Sea Dragon Energy Inc. (London exchange: SDX), Financial Director of Forum Energy Plc (AIM) and SVP at Larmag Group of Companies. Mr. Thompson is a CPA since 1998.

Kubilay Yildirim has resigned as a director of Trillion Energy effective immediately. The Company intends to commence a search for a replacement director, which it anticipates being completed no later than in time for the next annual general planned for July 2024.

The Company announces it has granted options to acquire a total of 2,450,000 common shares of the Company to its directors, employees, consultants and officers, pursuant to the Company’s 2022 long-term equity incentive plan, at an exercise price of $0.20 per share for three years subject to vesting conditions.