Oil & Gas 360º

APRIL 10, 2025

It is targeting 365 million barrels ofunrisked and 32 million barrels of risked prospective light/medium oil resources (1) , or 1.9 Prospect I is located onshore Namibia in Petroleum Exploration Licence 073 (“PEL73”) and is the Company’s largest prospect to be drilled so far.

Exploration Well 130

Exploration Well Petroleum Spud-in Exploration and Production 130

Oil & Gas 360º

APRIL 17, 2025

(the Company or ReconAfrica) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) announces an agreement for a joint exploration project in Angola with the Agncia Nacional de Petrleo, Gs e Biocombustveis or National Oil, Gas and Biofuels Agency (ANPG).

Basin 130

Basin Oil Petroleum Gas 130

Oil & Gas 360º

JUNE 3, 2025

This transaction positions Viper to compete for capital with mid and large cap North American E&Ps; except with higher margins, minimal operating costs, and the lowest dividend breakeven in the space. Viper defines free cash flow margin as cash flow from operations less capital expenditures divided by total barrels of oil equivalents.

Royalty 130

Royalty Energy Energy Basin 130

Oil & Gas 360º

MARCH 10, 2025

Refer to Barrel of Oil Equivalency and Production & Product Type Information in this press release for additional disclosure. Barrel of Oil Equivalency “Boe” means barrel of oil equivalent. Refer to the Specified Financial Measures section in this press release for additional disclosure and assumptions.

Exploration and Production 130

Exploration and Production Energy Energy Natural Gas 130

Oil & Gas 360º

MARCH 18, 2025

President Donald Trump canceled a sanction waiver for Chevron that allowed the supermajor to return to Venezuela and become instrumental for the increase of its oil production. Chevron has been exporting heavy crude of about 200,000 barrels per day (bpd) from Venezuela to the U.S. At the end of February, U.S. Early this month, the U.S.

Operator 130

Operator Oil Instrumentation Pipeline 130