File: Attachment News Release-4.pdf

NEWS RELEASE

For immediate release: AVILA ENERGY CORPORATION ANNOUNCES UPDATE

Calgary, Alberta April 29, 2026 Avila Energy Corporation ("Avila" or "Company") trading symbol (CSE: VIK, OTCM: PTRVF and FRA: 6HG0)

Donald Benson, President of Avila Energy Corporation, the Company announces that it has entered into an agreement with it's secured creditor extending the repayment date for the outstanding interest from April 30, 2026 to June 1, 2026.

This news release contains statements that constitutes "forward looking information" within the meaning of applicable Canadian securities legislation. Forward looking information involves known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements, or industry results, to differ materially form those expressed or implied by such forward- looking information. All statements herein, other than statements of historical fact, are forward-looking information.

For further information, please contact

Donald Benson, CEO 204-955-5042 email: donaldbensonsr39@gmail.com