Prospera Energy (PEI) Corporate presentation summary

Reactivation strategy and operational highlights

• 64 workovers and 21 well reactivations since November 2024 validate a low-cost reactivation model, with over 140 additional targets identified, including 41 Tier 1 candidates.

• Luseland production grew 359% in 19 months, from 54 to 237 BOE/d, driven by systematic CHOPS reactivation, pump optimization, and sand management.

• The asset base is considered materially underproduced, with proven techniques now delivering consistent production and cash flow growth.

Production and financial performance

• Corporate production increased from 586 to 759 BOE/d between Nov 2024 and May 2026, with Luseland's share rising from 10% to 32%.

• Revenue fluctuated, peaking at $5.41M in Q3 2025, with recent monthly revenues around $2M.

• Cuthbert remains the stable production base, while Luseland is now the largest growth contributor; Hearts Hill and Alberta provide diversification.

Key well performance

• Cuthbert's 11-28-26-29W3 (01) achieved the highest peak oil rate (127.83 bbl/d) and over 27,400 bbl cumulative production.

• Luseland's 10-07-36-25W3 led in cumulative oil production (7,958 bbl) and sustained high rates, while 13-17-36-25W3 delivered perfect uptime.

• Several Luseland wells demonstrated high productivity, reliability, and stable output, supporting the asset's growth profile.