Mr. Arthur Halleran reports

TRILLION ENERGY ANNOUNCES SASB WELL PERFORATION RESULTS

Trillion Energy International Inc. has provided an update on its three-well perforation program at the SASB gas field previously announced on Sept. 25.

So far, two out of the three well operations have now been commenced or successfully completed. As a result, total combined production at SASB is currently 14.4 MMcf/d (millions of cubic feet per day) (100 per cent) -- 7,056 MMcf/d net to Trillion into the gas sales pipeline.

More information on stabilized production rates are expected during the week as perforations are currently continuing in the West Akcakoca well and are yet to commence in the Akcakoca-3 well. The work program is expected to be completed later this week.

Natural gas sale prices received by Trillion for October are $12.33 (U.S.)/mcf (thousand cubic feet) ($17.14). November gas prices are expected to be set over the next few days by the government regulator BOTAS. Trillion pays operating costs of $90,000 per month for SASB and a 12.5-per-cent royalty on gas sales.

Technical details of the three-well perforation program

Guluc-2 -- the perforation program includes a total of 30 metres of gas pay in five separate sands. On Oct. 25, the top two C sands at 3,665 metres to 3,674.5 metres MD (measured depth) were perforated (14.65 metres TVT (true vertical thickness) of gas pay) causing gas pressure to increase to 1,140 psi (pounds per square inch). On Oct. 26, the top three metres (8.46 metres TVT) of the C sands, 3,644 m to 3,654 metres, were perforated causing gas pressure increase to 1,735 psi. Due to the high pressure, a decision was made to delay perforation of the final pay zones in Guluc-2, totalling 12.3 metres in the B, A and AA gas sands, until after the West Akcakoca-2 perforations to allow production to stabilize first.

West Akcakoca-2 -- on Oct. 28, sands B and A were perforated, totalling six metres of gas pay, causing pressure to increase to 1,742 psi. Perforation of two additional zones is continuing.

Akcakoca-3 will be the final well to be perforated in the C and the E sands, for an additional 19 metres of gas pay.

Trillion has recently installed a new compressor at the Cayagzi gas field to reduce back pressure from the field into the gas processing plant. Installation of well pumps and reduced tubing sizes will come at a later date.

Arthur Halleran, chief executive officer, stated:

"We are pleased with the results of our ongoing perforation program at SASB, which is about half-way completed at this time. We are well on our way to following through with our work program and hitting the production targets as set out in our Sept. 25, news release this year. The current program is just the beginning, we will continue to work on increasing gas production at SASB until we are satisfied with the results."

About Trillion Energy International Inc.

Trillion Energy is focused on oil and natural gas production for Europe and Turkey with natural gas assets in Turkey. The company is 49-per-cent owner of the SASB natural gas field, one of the Black Sea's first and largest-scale natural gas development projects, and has a 19.6-per-cent (except three wells with 9.8-per-cent) interest in the Cendere oil field. The company has a 50-per-cent interest in three high-impact oil exploration blocks in southeast Turkey.

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