Mr. Shubham Garg reports

PROSPERA ENERGY ANNOUNCES Q3 2025 FINANCIAL RESULTS AND LIVE CONFERENCE CALL

In Q3 2025, Prospera Energy Inc. had sales revenue of $5.3-million and $800,000 of operating netback. The company invested $2.0-million in capital expenditures, including $650,000 for well reactivations and $1.35-million for plant maintenance/upgrades and well workovers. Reactivation efforts targeted eight wells in the Luseland and Cuthbert properties, adding 57 boe/d (barrels of oil equivalent per day) of production at a capital efficiency of $11,406/boe (versus $7,644/boe in Q2 2025 and $9,317/boe in Q1 2025). Plant maintenance expenditures enhanced infrastructure integrity, production reliability and oil recovery.

On Sept. 15, 2025, Prospera closed the acquisition of the remaining 14-per-cent working interest in the Cuthbert area, consolidating the corporation's working interest in the core asset to 100 per cent. The effective date of the transaction is Jan. 1, 2025. Consideration for the acquisition from an arm's-length joint operating partner comprised 6,654,450 common shares and 3,334,550 common share purchase warrants of the corporation and forgiveness of the partner's $1,027,110 of joint operating receivables. The common share purchase warrants are exercisable at five cents per share until Sept. 15, 2028. These shares and warrants have not yet been issued and are subject to the approval of the TSX-V.

On Aug. 29, 2025, the corporation closed the acquisition of 100 per cent of the issued and outstanding common shares of White Tundra Petroleum for consideration comprised of 18 million common shares of the corporation. White Tundra's primary petroleum and natural gas assets are located near Loyalist and Hanna, Alta., and add incremental production, cash flow and additional development opportunity to Prospera's asset portfolio.

Other strategic achievements included:

1. Secured $1.2-million of additional convertible debenture and $100,000 of promissory note proceeds for development and optimization purposes;
2. Refinanced $600,000 of debt due in Q4 2025 into the company's convertible debenture offering.

Operational highlights for Q3 2025 are as follows:

• Prospera Energy realized average net sales of 808 boe/d (barrels of oil equivalent per day) in Q3 2025, an increase of 4 per cent from Q2 2025 net sales of 780 boe/d, and an increase of 25 per cent from Q3 2024 net sales of 647 boe/d.
• Sales revenue was $5,277,864 ($71.00/boe) in Q3 2025 compared with $4,902,540 ($69.03/boe) in Q2 2025, an increase of 8 per cent due to higher volumes and pricing, and compared with $4,727,708 ($79.39/boe) in Q3 2024, an increase of 12 per cent, due to sales volume increases offset by lower prices.
• In Q3 2025, operating costs increased 33 per cent to $49.18/boe from $36.86/boe in Q2 2025 and increased 15 per cent from $41.93/boe in Q3 2024 primarily due to higher contract operator fees, field maintenance, road usage fees and the impact of the results of the 14-per-cent working interest acquisition.
• In Q3 2025, Prospera Energy's operating netback was $800,000 ($10.46/boe), down from $1.61-million ($22.73/boe) in Q2 2025 and from $1.74-million ($29.23/boe) in Q3 2024.

Conference call to accompany Q3 2025 financial results

Stakeholders are encouraged to join Prospera Energy for an investor conference call tomorrow, Nov. 28, 2025, at 10 a.m. MT, where management will review Q3 2025 financial results, discuss key well performance, highlight operational milestones and outline the company's strategic direction.

Prospera's website now features an updated corporate presentation reflecting current production data that will be referenced and discussed during the Q3 conference call.

About Prospera Energy Inc.

Prospera Energy is a publicly traded Canadian energy company specializing in the exploration, development and production of crude oil and natural gas. Headquartered in Calgary, Alta., Prospera is dedicated to optimizing recovery from legacy fields using environmentally safe and efficient reservoir development methods and production practices. The company's core properties are strategically located in Saskatchewan and Alberta, including Cuthbert, Luseland, Hearts Hill and Brooks. Prospera Energy is listed on the TSX Venture Exchange under the symbol PEI and the U.S. OTC Market under GXRFF.

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