Mr. Pat Carlson reports

KIWETINOHK PROVIDES WILDFIRE SAFETY AND OPERATIONS UPDATE

Kiwetinohk Energy Corp. has shut down production from its Placid field due to continuing wildfires in the Fox Creek area. All personnel has been safely evacuated. Kiwetinohk's Simonette and Placid facilities will remain shut in until it is safe to restart and third party infrastructure is operational.

Kiwetinohk continues to monitor this situation, working closely with Alberta Wildfire. Safety remains Kiwetinohk's top priority, and the company is actively responding to changes in the wildfire situation to protect people, the environment and assets. It is grateful for the men and women on the front lines fighting fires and supporting the evacuees and industry.

It is saddened and troubled by the loss of homes and communities and by the damage to the biophysical environment. The area possesses rich biodiversity and is home to many animals including species at risk. Kiwetinohk has made a contribution to the Canadian Red Cross in support of the thousands of Albertans impacted.

Additional safety and operational updates will be provided as significant changes occur.

About Kiwetinohk Energy Corp.

The company, at Kiwetinohk, is passionate about addressing climate change and the future of energy. Kiwetinohk's mission is to build a profitable energy transition business, providing clean, reliable, dispatchable, affordable energy. Kiwetinohk develops and produces natural gas and related products, and is in the process of developing renewable power, natural-gas-fired power, carbon capture and hydrogen clean energy projects. It views climate change with a sense of urgency, and it wants to make a difference. Kiwetinohk's common shares trade on the Toronto Stock Exchange under the symbol KEC.