Mr. Jeff Allison reports

METHANATORRX UPDATE

Delta Cleantech Inc. has provided additional information on its new division -- MethanatorRX Technologies Inc.

Jeff Allison, president and chief executive officer, remarked: "MethanatorRx product offer provides a technical remedy to the challenges confronting the industry in addressing the destruction of methane emissions linked to wellhead -- surface casing vent flow emissions, otherwise know as SCVFE.

"Methane emissions originating from wellheads in oil and natural gas production stem from fissures within the surface casing cement. This issue is prevalent in both newly established and existing wells, with estimations suggesting that up to 10 to 20 per cent of all drilled wells encounter SCVFE problems. In Canada, emission volumes are reportable under provincial regulators mandatory guidelines.

"The reportable standards, particularly in response to the heightened regulatory emphasis on greenhouse gas emissions (GHG), underscores the critical nature of addressing methane emissions. Methane possesses a global warming potential 27 to 30 times that of carbon dioxide. Consequently, the aspiration to capture and destruct methane in a fundamentally secure manner serves to mitigate the overall greenhouse gas impact associated with oil and gas well production. This initiative concurrently diminishes the carbon intensity of both oil and natural gas production.

"Up until this point, casing bowl wellhead methane has not been dealt with to the satisfaction of gas production industry or the regulators for the following reasons:

• "Capability to destruct with low gas volumes and pressures that current destructor technology cannot process;
• "No electric power on site to operate the destructor, data acquisition and metering equipment required to confirm and certify methane destruction;
• "Capability to operate in a hazardous environment with no open flames.

"Further to its announcement on Dec. 13, 2023, Delta now reports that it is in the precommercial stage of evaluating a cost-effective technical solution, namely the installation and operation of its MethanatorRX unit, which both destroys low-volume methane from natural gas wells and generates carbon credits. This unit could solve the shortfalls mentioned here, by converting the destroyed methane into fungible carbon credits. MethanatorRX has received letters of support from a number of major oil and gas companies. MethanatorRX expects the unit will be installed and in operation before the end of January, 2024."

Mr. Allison added: "Canada's 2030 emissions reduction plan sets out an ambitious and achievable road map for Canada to reach its emissions reduction target of 40 to 45 per cent below 2005 levels by 2030 and net-zero emissions by 2050. Delta is confident that MethanatorRX is a viable solution to help meet these ambitious goals in Canada and other emission reduction goals worldwide."

About Delta Cleantech Inc.

Delta Cleantech is a 19-year ESG-driven (environmental, social, governance), recognized global technology leader specializing in developing carbon mitigation products for energy transition industry. Delta continues to provide solutions to clients all over the world in capturing and sequestering CO2, reclaiming industrial liquids and solvents utilized in CO2 capture, destructing methane and waste gases utilizing the Methanator, as well as originating, validating, digitizing and streaming carbon credits through its subsidiary, Carbon RX.

We seek Safe Harbor.