Mr. Richard McHardy reports

LOGAN ENERGY CORP. ANNOUNCES COMMISSIONING OF POUCE COUPE FACILITY AND CLOSING OF PREVIOUSLY ANNOUNCED FACILITY INTEREST SALE

Logan Energy Corp. has completed construction and commissioning of its 40 mmcf/d (million cubic feet per day) Pouce Coupe 04-19 gas plant, compressor station and oil battery, as well as associated gas gathering and sales pipelines in the area. In connection with commissioning, the company today closed the previously announced sale of a 35-per-cent non-operated working interest in the Pouce Coupe facility to Topaz Energy Corp. for cash proceeds of $26.0-million. Proceeds have been used to reduce bank indebtedness. For further details on the facility interest sale, refer to Logan's press release dated Feb. 3, 2025.

Commissioning of the Pouce Coupe infrastructure is an important milestone for the company, positioning Logan for a material step-change in growth of its Pouce Coupe property from current production of approximately 3,500 boe/d (barrels of oil equivalent per day) to a forecast average of over 8,000 boe/d in the second half of 2025, with nine (9.0 net) wells to be placed on stream this summer.

About Logan Energy Corp.

Logan is a growth-oriented exploration, development and production company formed through the spinout of the early stage Montney assets of Spartan Delta Corp. Logan was founded with a strong initial capitalization and three high-quality and opportunity-rich Montney assets located in the Simonette and Pouce Coupe areas of northwest Alberta and the Flatrock area of northeastern British Columbia, and has recently established a position within the greater Kaybob Duvernay oil play with assets in the North Simonette, Ante Creek and Two Creeks areas. The management team brings proven leadership and a record of generating excess returns in various business cycles.

We seek Safe Harbor.