VVC Exploration Corporation, dba VVC Resources, ("VVC") or (the "Company"), announced the following significant developments on its ongoing Syracuse Project: Completed Durler 2-21 Well Now Being Optimized: VVC previously announced, on November 16, 2023, the successful completion of the Durler 2-21 well and the beginning of testing of the well. This well is a pivotal component of the Syracuse Project aimed at helium and natural gas extraction. The Company now has two wells producing and selling helium and natural gas on the Syracuse Project: the Levens 2-31 in the northwest portion of the project and the Durler 2-21 in the Southeast portion of the project.

The location of these sites will provide significant guidance in further development of the Project. The VVC Team is now optimizing production from the Durler 2-21, which has shown stronger than expected initial results, to ensure maximum efficiency and maximum overall productivity. This testing and adjustment phase will likely take place over 8 to 10 weeks during which time the Team will gain a much better understanding not only of this well, but also of the overall project.

Completion Phase Underway on Hodgson 1-17 and C Double D 1-16 Wells: On December 11, 2023, VVC began the completion phase of two additional critical Syracuse wells, Hodgson 1-17 andC Double D 1-16. Both wells are expected to be completed within 2 weeks. These two wells lie approximately midway between the Durler 2-21 and the Levens 2- 31 wells in the Syracuse Project.

The completion of these two wells will provide more visibility and insight on the production capacity of the Syracuse Project, as wells on the outer ends and in the center of the project will have been completed. Levens 4-31, T Spiker 1-17, and Weaver 1-15 wells for the completion process. The successful perforation of these wells will mark another achievement in the Project's development phase.

The completion process for these wells is expected to begin before the end of the year.