Cancambria Energy Corp · TSXV:CCEC
Cancambria Energy — Investor Presentation (May 2026)
24 slides from Cancambria Energy's investor presentation, May 2026
Slide 1: Unlocking Large, Strategic, Tight-Gas in Central Europe
Unlocking Large, Strategic , Tight -Gas in Central Europe CORPORATE PRESENTATION MAY 2026 OTCQB: CCEYF TSXV: CCEC FSE: 4JH
Slide 2: Cautionary Statement Regarding Forward-Looking Information
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 such as ’estimate’, ‘expect’, ‘
Slide 3: Corporate Overview
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 global experience and a track re
Slide 4: Corporate Overview (continued)
Corporate Overview (continued) Market Summary (as at end Q1 2026) $63.8 mm MARKET CAP (C$) $4.0 mm (C$) CASH POSITION* $2.8 mm ITM OPTION + WARRANT $59.8 mm ENTERPRISE VALUE (C$) (POTENTIAL PROCEEDS) Middle East conflict Capital Structure Basic Shares O/S 130,371,975 Closed NBPP 1/29 for Options 9,2
Slide 5: Experienced Leadership Team
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 PhD CEO, PRESIDENT & CHAIRMAN* Piet Van Assc
Slide 6: Key Investment Highlights
Key Investment Highlights Compelling • 100% pure -play natural gas opportunity, strategically located at the heart of Europe’s natural gas market Investment • 5-year growth strategy with targeted first production in early 2027; NPV10 >US $1.76 billion Opportunity • Seasoned management team with prov
Slide 7: CanCambria Assets - Balanced Portfolio
CanCambria Assets - Balanced Portfolio Business model: Low -cost entry, application of new technology to deliver near term production. Secure Lands Desktop New seismic Independent Dev. Plan Drilling External & Terms acquisition & Production Reserve Report Portfolio (low cost) Technical Studies & map
Slide 8: Strong European Natural Gas Market
Strong European Natural Gas Market Europe is the premier market for E&P industry investment • European natural gas currently trades at equivalent up to Middle East US$ 15 .00 /MMBtu as compared to US Henry Hub pricing of Russia/Ukraine conflict begins conflict begins US $2.7 0 MMBtu • Hungary import
Slide 9: Favorable Domestic Oil & Gas Landscape
Favorable Domestic Oil & Gas Landscape Industry - leading fiscal terms underpin compelling project economics • Hungary is pro energy development with a supportive Ministry of Energy and attractive fiscal terms • Unconventional NRI of 98% (minimal 2% government take); corporate income tax rate of onl
Slide 10: Strategic Land Position World-Class Asset
Strategic Land Position World -Class Asset • BA - IX Mining License – drill ready • Legacy wells and new seismic de - risk • Concession awarded Q1 2025 – 8 th Concession Round • Large Scale: 1,080 km² (247,000 acres) • Rare Opportunity: Large contiguous blocks are Conventional Oil/Gas Fields seldoml
Slide 11: Tight Gas Play – Legacy Activity & Production
Tight Gas Play – Legacy Activity & Production Legacy Wells Prove Development Concept • Kiha I (1988) tested a high -rate gas to surface from 4,000 m—tight Miocene formation • Kiha D-I (1989) type well with thick Miocene gas pay; DST gas flowed at ~1 MMcf /d • Ba -E1 (2009) completed with 2 -stage fr
Slide 12: Proprietary 3D Seismic Validates Play
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 – affirms historical results • Enha
Slide 13: Integration New Datasets Unlock Resource
Integration New Datasets Unlock Resource • High -quality imaging of basin and reservoir to optimize well placement • 3 legacy wells drilled to ~4,000 m produced gas from target zone • Petrophysics (logs and core) and drilling data confirm rock types • Production test and completion data confirms per
Slide 14: Strategic Resource Size & Asset Valuation
Strategic Resource Size & Asset Valuation • 3D & legacy wells support large recoverable resource • Production from Ba -E1 calibrates gas/condensate inputs Best - case 2C Contingent Resource “Development Pending” Status • 2C Contingent Resource with development pending status From NI 51 -101 Resource
Slide 15: Tight-gas Well Performance - Type Curve
Tight -gas Well Performance - Type Curve • Type curve shape = modelled from Pinedale, WY Decline Curve Shape – Pinedale Analog* 4500 • High initial rates of >10 MM/d (IP 30) 4000 ▪ 3-component decline with 1.1 B -factor (40 acre drainage are) 3500 • EUR of 6.4 Bcf sales gas (recovering 40 acres) 300
Slide 16: Kiskunhalas – Project Timeline & DCF Model
Kiskunhalas – Project Timeline & DFC Model Compelling Economics & Growth • Full Field Development • 25 -year life (10 years of development drilling) • 6 wells per year with 1 rig; 56 total wells • Type well of 6.4 Bcf on 40 -acre drainage • Per well payout <12 months • Project self funding within 4
Slide 17: Hungary Oil & Gas – Conventional Activity
Hungary Oil & Gas – Conventional Activity 2025 (8 th ) Exploration Round - Concessions Main Hydrocarbon Basins Select Development Highlights 1. 2019 Aspect - 6,000 bbl/d - Field production 2. Q3 2024 MOL – 1,200 bbl/d IP discovery well 3 3. Q1 2025 MOL – 1,300 bbl/d IP discovery well Budapest 4. Can
Slide 18: Kiskunhalas Concession Additional Upside
Kiskunhalas Concession Additional Upside • Awarded Q1 2025 – 8 th Concession Round • Large Scale: 1,080 km² (247,000 acres); • Shallow zones, migrated fluids on flanks deep basin – conventional traps • Offset operator activity – application seismic Conventional Oil/Gas Fields model is working Focus
Slide 19: Shallow Oil Play – Legacy Activity & Opportunity
Shallow Oil Play – Legacy Activity & Opportunity • Technical Operational Plan approved: 4-year evaluation period - Q1 2026 • Phase 1. Regional Assessment of Legacy fields – Completed “Creaming Curve” NEW • Phase 2. Prospect mapping underway on 2D seismic lines - Underway New Tech CCEC 3D seismic not
Slide 20: Clearly Defined Growth Strategy
Clearly Defined Growth Strategy Uniquely positioned in one of the world’s most strategic energy markets, with a large land position, proven resources, and a clear path to development / revenue. A 100% pure -play with significant natural gas resources in Hungary, providing direct leverage to strength
Slide 21: Contact Information
Contact Information Larry Busnardo Vice President, 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 commi
Slide 22: 1980s Regional 2D Seismic - Prospect Example
1980s Regional 2D Seismic - Prospect Example A • Resource estimate under preparation – potential drilling mid 2027 • Example : Undrilled prospect from 1980s vintage 2D seismic. • 2D network is widely spaced (1 km appear) – approx. defines trap 1 second • Zone : L. Pannonian – most prolific. Stacked
Slide 23: Modern Technology - Test Horizontal Drilling
Modern Technology - Test Horizontal Drilling • Application of modern horizontal drilling may expand legacy fields • Basement rock is brittle - prone to natural fracturing / weathering • 3D seismic images both structural highs and fault/fracture trends • Short horizontal wells targeted significantly
Slide 24: Energy For Europe - From Europe
Energy For Europe - From Europe • 2026 Hungarian presidential election impact to CCEC • EU advancing policy to eliminate Russian gas by YE 2027 • Growing emphasis on domestic production across Europe • Strategic positioning of CanCambria to address energy crisis • Increasing reliance on LNG from Qat