Mr. Dean Callaway reports

SONORO ENERGY LTD. COMMENCES FIRST PRODUCTION FROM 14-29-32-23 W3

Sonoro Energy Ltd. has commenced production and released positive results at its recently drilled 14-29-32-23 W3 well. The multilateral horizontal well was run on production at 7 p.m. on Jan. 10, 2024, and, over an 11-hour period, produced at an equivalent rate of 178 barrels of fluid per day. The well is currently producing at this rate with a strong volume of casing gas and abundant fluid level in the well. Field staff are attending to the well hourly and the well is being remotely monitored with a supervisory control and data acquisition (SCADA) system that was installed during completion operations. The pump was started at the lowest speed corresponding to the fluid rate currently observed. The company is in the process of taking initial samples to determine the oil percentage of the produced fluids. Sonoro plans to optimize production rates by methodically increasing pump speeds and drawing down the fluid level as the company aims to achieve the total production rates previously stated. Based on these initial results, Sonoro's expectations remain the same in terms of timing for cleanup and optimized production rates.

David Leung, chief operating officer, commented: "We are pleased with these initial results and want to commend the field staff for achieving first production and maintaining operations in a safe manner while under the current extreme weather conditions. We will continue to diligently monitor and optimize the well during this initial start-up phase. We are encouraged by the rates of fluid and gas, along with abundant fluid levelm which validates the good reservoir deliverability that we expected."

We seek Safe Harbor.