Prospera Energy Reports 2025 Year-End Audited Financials and Reserves

About this update from Prospera Energy Inc.

Prospera Energy Reports 2025 Year-End Audited Financials and ReservesProspera Energy Inc. (TSXV: PEI) (OTC Pink: GXRFF) ("Prospera", "PEI", the "Company", or the "Corporation")Calgary, Alberta--(Newsfile Corp. - May 1, 2026) - Overview of 2025 & 2026 OutlookProspera Energy is pleased to report its operational and financial results for the year ended December 31, 2025, together with its independently evaluated reserves prepared by Sproule ERCE effective December 31, 2025. Prospera anchored in a deliberate strategy of converting wells previously slated for abandonment into long-life, low-cost producing reserves, and 2025 was a transformational year in the execution of that strategy.During the year, Prospera completed operational, organizational, and financial groundwork that positioned the Corporation to execute on its long-term growth strategy. Operationally, the Corporation advanced its Luseland reactivation program - the Corporation's principal organic growth engine - through the successful reactivation of 17 wells across the Luseland asset. In parallel, the Corporation deployed capital into upgrades to the Cuthbert and Hearts Hill plant, gathering pipelines and water injection infrastructure increasing production and processing capacity and improving the Corporation's waterflood capability. Strategically, the Corporation closed the acquisition of White Tundra Petroleum on August 29, 2025, broadening the production base, and on September 15, 2025 closed the final 14% working interest acquisition at Cuthbert, taking the Corporation's working interest in its three core heavy oil properties to 100%. Average net sales rose 19% year-over-year to 745 BOE/d in Q4 2025, full-year sales volumes grew 14.5% to 273,333 BOE, and Q4 2025 operating costs declined 24% on a per-BOE basis compared with Q4 2024. These foundations support the Corporation's plan to convert its multi-year proved plus probable reserve life into sustained production growth and operating cash flow through 2026 and beyond.Looking forward, management's 2026 priorities follow directly from the foundations established in 2025. The Corporation intends to: (i) extend the Luseland reactivation program to additional candidates within the Saskatchewan core during 2026, subject to commodity prices, capital availability, and regulatory approvals; (ii) realize, on a full-year basis, the productive capac...

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