Preheat oven to 350ºF
Heat a skillet over medium heat. When hot, add olive oil and butter. Heat oil and melt butter.
Add shallots to the pan and sauté for about 5
minutes, stirring occasionally, until translucent but not browned. If they are beginning to brown, turn the heat down to low.
When shallots are translucent, add garlic to pan and cook for another minute until soft. Do not brown the garlic. Place mixture in a large bowl to cool for 5 minutes.
Combine turkey, bread crumbs, egg, 1/2 cup of the ketchup, Worcestershire sauce, salt, and pepper with the shallot and garlic mixture.
Form into an oval shape and place on lightly greased baking pan or baking dish.
Spread remaining 1/4 cup of ketchup on top of meatloaf.
Bake in center of oven for 50-55 minutes.
Cook until internal temperature reach 165ºF, taken with a meat thermometer.
Remove from oven and let rest for 10 minutes.
Slice, serve and enjoy!