Mr. Max Sali reports

MONUMENTAL ENERGY REPORTS INITIAL FLUSH PRODUCTION OF 3000 BARRELS AND A STABLE UNSTIMULATED FLOW RATE OF 300 BARRELS A DAY AT NGAERE-2

Monumental Energy Corp. had a better-than-anticipated, stable, unstimulated flow rate of 300 barrels a day from the Ngaere-2 well located within a four-kilometre radius of all the other on line production wells and near the Waihapa production facility. Currently the company has four wells online: Copper Moki-1, Ngaere 1 and 2, and Waihapa H1. Six additional wells are in the pipeline and permitted. Monumental Energy along with NZEC as operator and its co-venturer L and M have estimated that 1,000 boe/d (barrels of oil equivalent per day) is possible. Constrained production is choked back to maintain stable flow and additional ways to increase daily production and capacity are underway immediately.

Maximilian Sali, chief executive officer, comments: "The success of the last three wells has exceeded our expectations, and with a stronger than forecast oil price, this has created the perfect storm to grow the company and be able to continue additional workovers. Another six activities are currently in the pipeline along with new applications to drill fresh oil and gas wells."

Monumental and New Zealand Energy Corp. (NZEC) entered into a funding agreement (see news releases dated Jan. 12, 2026, March 5, 2026, and March 10, 2026), enabling Monumental to participate in mutually agreed appraisal and development workover projects aimed at increasing production across petroleum mining licences PML 38140 and PML 38141. The Waihapa H1 well is the latest successful project executed under this agreement. NZEC holds a 50-per-cent interest in the licences, which are located in the onshore Taranaki basin, New Zealand.

About Monumental Energy Corp.

Monumental Energy is an exploration company focused on the acquisition, exploration and development of properties in the critical and clean energy sectors. The company is building a strategic position in New Zealand's onshore Taranaki basin, targeting near-term oil production and longer-term natural gas development.

The company has a funding agreement with New Zealand Energy targeting production optimization and workover opportunities across existing fields. The company also holds securities of NZEC and a call option and royalty interest related to the Copper Moki wells.

Monumental additionally maintains exposure to the critical minerals sector through a 2-per-cent net smelter return royalty on Summit Nanotech's interest in the Salar de Turi lithium project in Chile.

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