Record Resources Inc · TSXV:REC
Record Resources — Investor Presentation (July 2026)
24 slides from Record Resources's investor presentation, July 2026
Slide 1: Emerging International E&P with Strategic Entry into Gabon, Africa
TSXV-REC EMERGING INTERNATIONAL E&P WITH STRATEGIC ENTRY INTO GABON, AFRICA - Existing Oil Development - High Impact Exploration - Upcoming 3rd Party Resource Report - Fully Carried / Funded for Initial Phase of Drilling 1.2 Billion Barrels of Oil Equivalent Un-risked Prospective Resource Historic E
Slide 2: Disclaimer
Disclaimer This preliminary information presentation document ("this document”) has been prepared by RECORD RESOURCES INC.(“RECORD”) for information purposes only in relation to the proposed placing of securities in the capital of RECORD (the "Placing"). This document is the sole responsibility of R
Slide 3: NGULU Block | Gabon: Strategic Rationale and Investment Highlights
NGULU Block | Gabon Strategic Rationale Investment Highlights • Transformational acquisition positions Record • Existing oil discovery enables low-cost development Resources as a significant West Africa E&P and near-term cash flow generation company, together with joint venture partner, • Proximity
Slide 4: Gabon | NGULU Block Highlights
Gabon | NGULU Block Highlights • Loba Field discovery well, shallow oil zone with 140 m gross pay (70 m net) Shallow Offshore Oil - Loba Field • Proven undeveloped (PUD) well within oil column • Low risk appraisal drilling with exploration upside from additional prospects Potential High Growth • Pha
Slide 5: Gabon | NGULU Block Production Sharing Contract & Joint Venture
Gabon | NGULU Block Production Sharing Contract & Joint Venture Asset Working Interest ▪ ReconAfrica 55% (operator) ▪ Oil discovery on block discovered (TSXV:RECO) in 1976 ▪ Record Resources 20% (carried*) • 140 m gross pay (70 m net) (TSXV:REC) ▪ Gabon Oil Company 15% • Large concession covering 1,
Slide 6: NGULU Block and Loba Field Overview
NGULU Block and Loba Field Overview Near-Term Drilling Activity • Appraisal well in Loba Field Loba Oil Discovery • Loba discovered in 1976, 140m gross pay (70m net) oil recovered (27 API) at surface Loba Complex Low-Risk Appraisal Drilling • Loba Deep and Loba East appraisal provides near-term prod
Slide 7: Gabon | Key Oil and Gas Producers
Gabon | Key Oil and Gas Producers Country Level Production Company Level Production (boepd) Onshore Shallow-water Simba Dussafu Hylia SW Hibiscus/Ruche onstream 240,000 180,000 bbl/d 120,000 60,000 0 2019 2019 2019 2020 2020 2020 2021 2021 2021 2022 2022 2022 2023 2023 2023 2024 2024 2024 2025 2025
Slide 8: NGULU Block Overview
NGULU Block Overview • Historic and current oil province • Large concession with significant running room • Multiple proven reservoirs producing throughout this region • Along trend of significant oil fields (100 to 240 mmboe) • Loba discovery encountered oil in Batangareservoir • Infrastructure acc
Slide 9: NGULU Block: Resource Table (including risking)
NGULU Block: Resource Table (including risking) Recoverable Contingent and Prospective Resources NGULU Permit *Resource estimates were prepared by Mr Andrew Morrison BSc. Geology (Hons) a Geologist who has over 30 years of experience in petroleum geology, geophysics, prospect generation and NGULU Pe
Slide 10: Loba Complex - Key Economic Metrics
Loba Complex - Key Economic Metrics* Project Economics are Robust • Margins improve considerably if resource exceeds 1C (P90) estimate for Loba Discovery only. • Loba East and Loba Deep o er signi cant upside to Loba Field. • Payback period for Capex in all cases is less than 12 months from rst prod
Slide 11: Oil Price Sensitivity Analysis for Loba Discovery Only
Oil Price Sensitivity Analysis for Loba Discovery Only –––––– World Bank –––––– PVD, Averaged –––––– WTI Futures Source: Pura Vida ‘Energy Rejuvenated Strategy for Nkembe (now NGULU) block’ – 2016 11
Slide 12: Gabon | NGULU Block Highlights
Gabon | NGULU Block Highlights Phase 3 Additional Prospects Phase 2 (Loba Complex) Loba East ▪ Lepidote Deep Phase 1 (Loba Complex) ▪ Pompano (Batanga, Anguille, Loba Field / Loba Deep Cap Lopez) ▪ Appraisal drilling in Loba East ▪ Palomite Deep Presalt (Gamba/ complex Dentale/Carbonates) ▪ Short pi
Slide 13: Loba Field Complex Development
Loba Field Complex Development 1 Loba Discovery appraisal well 1 Loba Deep Exploration Prospect 2 Loba East Prospect 3 Lepidote Deep Exploration Prospect 10kms to near-by Infrastructure ▪ Two off take routes ▪A Barbier Field Platform ▪B Oguendjo Terminal (FSO) Potential resources are consistent with
Slide 14: Loba Field and Complex Batanga Depth Structure Map
Loba Field and Complex Batanga Depth Structure Map Top Batanga Fm - Depth Map C.I.: = 10m Loba East Prospect Pmin Area for Loba East may be separate GRV – OWC at Loba from the Loba Discovery Marine Discovery by a fault Loba Batanga Reservoir • Over 70m net / 140m gross oil column • Discovered in 197
Slide 15: Loba Field Structure Batanga and Anguile
Loba Field Structure Batanga and Anguile 15
Slide 16: Exploration Upside: Prospect Inventory
EXPLORATION UPSIDE Prospect Inventory
Slide 17: NGULU Block | Prospects Inventory
NGULU Block | Prospects Inventory • Multiple play types and prospects, located near existing production infrastructure, for low-cost development tiebacks • Pre-salt and Post-salt reservoir targets; stacked reservoirs enabling multiple zones to be tested with one single well • Shallow water prospects
Slide 18: Lepidote Deep | Near Field Infrastructure-Led Exploration
Lepidote Deep | Near Field Infrastructure-Led Exploration Gr So Lith Lepidode Deep Gas flags ▪ Lepidote 1 well drilled in 1970’s on sparse 2D data, not deep enough to test structure Oil shows encountered ▪ Well encountered strong oil shows ▪ Modern 3D seismic demonstrates a robust 4-way dip closure
Slide 19: Pompano Prospects | Loba Field and Lepidote Deep
Pompano Prospects | Loba Field and Lepidote Deep Pompano (Batanga Loba Pompano Lepidote level) Deep Gas Flags Gas Flags Potential resources are consistent with Pompano Batanga target on-trend fields Loba Oil Batanga level Pompano (Anguille level) Pompano Anguille target Lepidote Deep Lepid Anguille
Slide 20: Dentex Prospect
Dentex Prospect Dentex Lead DHI’s or Gas flags Potential resources are consistent with on-trend fields Stacked targets (1) Resource estimate based on previous operators' assessment 20
Slide 21: Palomite Prospect
Palomite Prospect Palomite Cluster Pompano (Post & Sub-salt) Palomite Deep C (Pre-Salt only) Gamba Dentale Synrift carb Dentex (Post & Sub-salt) A single well to test the post, sub & pre-salt is viable in 2 areas Potential resources are consistent with (1) Resource estimate based on previous operato
Slide 22: Record Resources Management Team
Record Resources Management Team Michael C. Judson, ICD.D Alain Mizelle Chairman & CEO President & COO Mr. Judson has been a founder of numerous private and public companies. He has organized and overseen the investment of more than $200 million in oil and gas explora on and produc on, mineral explo
Slide 23: Record Resources Management Team - continued
Record Resources Management Team - continued Robert Kramberger Nathalie Kavanagh Vice-President, Investor Relations & Capital Markets Director, Interim CFO Robert Kramberger has more than twenty-two years of capital markets and corporate marketing experience in the Nathalie Kavanagh has over 25 year
Slide 24: Capital Structure
Capital Structure Share Structure TSXV: REC Shareholder Ownership Percentage Issued & Outstanding Shares 145,246,518 Options 12,650,000 Warrants 19,869,469 25% 20% Fully Diluted Shares 177,659,997 Market Capitalization $11 Million (as of April 2, 2026) 55% Market Data Closing Price $0.08 (as of Apri