Cancambria Energy Corp · TSXV:CCEC
Cancambria Energy — Investor Presentation (September 2026)
24 slides from Cancambria Energy's investor presentation, September 2026
Slide 1: Advancing High Impact Shallow Oil Play, Onshore Hungary
Advancing High Impact Shallow Oil Play, Onshore Hungary and Unlocking 2.4 Tcf of Strategic Gas Resource in >US$20/MMBtu European Gas Market Corporate Presentation | September 2026 OTCQB: CCEYF TSXV: CCEC FSE: 4JH
Slide 2: Cautionary Statement Regarding Forward-Looking Information
Corp Presentation, Q3 - 2026 Cautionary Statement Regarding Forward - Looking Information This presentation includes forward -looking statements within the meaning of applicable Canadian securities legislation and its subsidiaries. These forward -looking statements may be identified by terminology s
Slide 3: Corporate Overview
Corp Presentation, Q3 - 2026 Corporate Overview CanCambria Energy is an E&P company uniquely positioned in one of the world’s most attractive energy markets, with a large, contiguous land position, proven resources, and a clear path to development . Its seasoned leadership team brings decades of glo
Slide 4: Strategic Land Position Balanced Portfolio
Corp Presentation, Q3 - 2026 Strategic Land Position Balanced Portfolio ~250,000 acres at 100% WI SHALLOW OIL DEEP TIGHT GAS Conventional reservoirs with structural Unconventional reservoirs with stacked traps and fractured basement high tight gas pay over a broad area / basin GeoArt 2025 H2 2026 20
Slide 5: Investment Highlights
Corp Presentation, Q3 - 2026 Investment Highlights Market Summary – CCEC (TSXV) Projecting ~20% production Compelling Growth Opportunity growth annually, development phase drilling >10 years $44.5 mm MARKET CAP (C$) $41.0 mm ENTERPRISE VALUE (C$) Favorable Macro Strong natural gas prices Conditions
Slide 6: Compelling Value Proposition
Corp Presentation, Q3 - 2026 Compelling Value Proposition 1.20x EV / Before -Tax NPV10 — CCEC vs Select Peer Group 1.10x 1.00x 0.80x 0.67x EV / BT PV10 (x) 0.60x CanCambria undervalued relative to peers CanCambria undervalued 0.39x 0.40x relative to peers Pre -Revenue Pre -Revenue 0.20x 0.17x 0.02x
Slide 7: Stock Performance – Upside Re-rating
Stock Performance – Upside Re -rating • Dutch TTF (European gas price) at 3 -year high and recently exceeded US$25.00/MMBtu, highlighting the strength of the European gas market • CanCambria shares have materially diverged from European gas prices over the past six months, despite having direct expo
Slide 8: Experienced Leadership Team
Corp Presentation, Q3 - 2026 Experienced Leadership Team Led by oil & gas veterans with proven large -scale operational expertise and demonstrated track record of value creation ; decades of collaboration across multiple international onshore basins. Senior Leadership Paul R. Clarke CEO, PRESIDENT &
Slide 9: Strong European Natural Gas Market
Corp Presentation, Q3 - 2026 Strong European Natural Gas Market 5-YEAR Natural Gas Price Comparison - US & Europe 100.0 Middle East • European natural gas currently trades at equivalent over US$25.00/MMBtu, Russia/Ukraine conflict begins as compared to US Henry Hub pricing of US$3.00/MMBtu (>500% pr
Slide 10: Favorable Domestic Political Landscape
Corp Presentation, Q3 - 2026 Favorable Domestic Political Landscape No major policy changes have been announced post April 2026 election for the oil and gas sector. New Minister for the Economy and Energy, István Kapitány, is a former senior global executive at Shell. Key points of the new governmen
Slide 11: Excellent Fiscal Terms & Infrastructure
Corp Presentation, Q3 - 2026 Excellent Fiscal Terms & Infrastructure Industry leading fiscal terms underpin compelling 3 MMcf/d Gas Test in Field project economics • Hungary is pro energy development with a supportive Ministry of Energy and attractive fiscal terms • Unconventional NRI of 98% (minima
Slide 12: Legacy Wells – Proven Dataset
Corp Presentation, Q3 - 2026 Legacy Wells – Proven Dataset NW SE 1986 Kiha - I (MOL/World Bank/US Geological Survey) • First deep test (>4,000m), drilled on 2D seismic at the basin center – tested 7 MMcf/d • Encountered a thick Miocene over -pressured gas column from 2,200 –4,300m • Despite extensiv
Slide 13: Proprietary 3D Seismic Validates Play
Corp Presentation, Q3 - 2026 Proprietary 3D Seismic Validates Play • New technology accessible for juniors in terms of cost • Acquisition and processing optimized for deep basin gas • High -quality imaging of basin and reservoir delivers step change • Integration of legacy wells de -risks play – aff
Slide 14: Sweet-Spots Imaged By New 3D Seismic
Corp Presentation, Q3 - 2026 Sweet -Spots Imaged By New 3D Seismic 3 3 1 2 1 Kiha I Kiha I 2 Kiha DI – Type Well Kiha DI – Type Well Ba - E1 - production Ba - E1 - production CanCambria Well 1 CanCambria Well 1 CanCambria Well 2 CanCambria Well 2 CanCambria Well 3 CanCambria Well 3 Structure Map – m
Slide 15: Contingent Resource & Valuation
Corp Presentation, Q3 - 2026 Contingent Resource & Valuation Gas Resource – 2C (Best Estimate) Contingent “Dev. Pending” at 100% WI • 3D seismic critical to prove up resource distribution and focus development on 2,500 2.4 Tcf US$2.04 southern basin margin Billion 2,000 Focus ~50% Area • Significant
Slide 16: Tight-Gas Project - Cash Flow Profile
Corp Presentation, Q3 - 2026 Tight -Gas Project - Cash Flow Profile Initial Phase of Development Net Cash Flow (US$ billions) • Low royalty & strong gas price deliver outstanding economics (2027 to 2058) @ 100% WI & $12 gas 9.0 Rev. • Continuous drilling delivers ~20% production growth annually 8.0
Slide 17: Tight-Gas Well Performance - Type Curve
Corp Presentation, Q3 - 2026 Tight -Gas Well Performance - Type Curve Decline Curve Shape – Pinedale Analog* 4500 • EUR of 6.4 Bcf sales gas - recovering 40 acres (70% RF) 4000 ▪ 3-component decline with 1.1 B -factor (40 acre drainage are) • Type curve shape modelled from Pinedale, Wyoming 3500 300
Slide 18: Hungary Oil & Gas – Conventional Exploration
Corp Presentation, Q3 - 2026 Hungary Oil & Gas – Conventional Exploration 2025 (8 th ) Exploration Round - Concessions Select Exploration Highlights 2026 (9 th ) Exploration Round 1. 2019 Aspect - 6,000 bbl/d - Field production Main Hydrocarbon Basins 2. Q3 2024 MOL – 1,200 bbl/d IP discovery well 3
Slide 19: Shallow Oil Play – Legacy Activity = Opportunity
Corp Presentation, Q3 - 2026 Shallow Oil Play – Legacy Activity = Opportunity • Technical Operational Plan approved by Ministry: 4 -year evaluation period • Regional Assessment of petroleum system and legacy fields completed “Creaming Curve” NEW CCEC 3D • Prospect mapping completed on 2D seismic lin
Slide 20: Shallow Oil Play – Production Potential
Corp Presentation, Q3 - 2026 Shallow Oil Play – Production Potential Field Size Distribution (MMBOE) Kiskunhalas Concession Area, Oil & Gas Production - Hungary • Log -normal – skewed dataset typical of oil prospects Gas Field Size – Log Normal Distribution Oil Field Size – Log Normal Distribution •
Slide 21: Exposure to EU Gas and Brent Pricing
Corp Presentation, Q3 - 2026 Exposure to BOTH EU Gas Price (Strategic Gas Play) and Brent Oil Pricing (Shallow Oil Play) $2.00 Initial Phase Field Development Plan* • Latest NPV10 increases to US$1.38 billion at US$12.00 TTF Natural Gas Price (2026 report) $1.50 Base Case • 2025 = NPV10: US$1.1 bill
Slide 22: Clearly Defined Growth Strategy
Corp Presentation, Q3 - 2026 Clearly Defined Growth Strategy European Advantage • Favorable macro conditions and industry -leading economics Strong Pricing Outlook • Large contiguous land, consolidated – with no expirations • Uniquely positioned in one of the world’s most strategic energy market • L
Slide 23: Contact Information
Contact Information Larry Busnardo VP Investor Relations larry.busnardo@cancambria.com Investor Relations North America KIN Communications Inc (604) 684 -6730 ccec@kincommunications.com www.CanCambria.com Research Coverage* @CanCambria *Third -party analyst coverage shown has been commissioned and p
Slide 24: Tight-Gas Project – Clear Growth Model
ENERCOM 2026 Tight -Gas Project – Clear Growth Model Phase #1 Field Development Plan Appraisal and Development Highlights Revenue (2C) NPV10 600 CapEx 1.5 • First gas 1H 2027 with ramp up 2028 onwards Opex NPV10 US$ Billions 400 1.0 • Project self funding very early (per model)* US$ Millions (Unrisk
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