Prospera Energy (PEI) Investor presentation summary

Reactivation strategy and operational highlights

• 64 workovers and 21 well reactivations since November 2024 confirm the viability of a low-cost reactivation model, with 140+ additional targets identified, 41 of which are Tier 1 candidates.

• Luseland production grew 378% in 17 months, from 54 to 258 BOE/d, driven by systematic CHOPS reactivation, pump optimization, and sand management.

• Each incremental dollar invested in reactivation demonstrates a clear path to increased production and cash flow, validating the underproduced 400M+ barrel OOIP base.

Production and revenue performance

• Corporate production averaged 586–819 boe/d from Nov 2024 to Mar 2026, with Luseland's share rising from 10% to 32%, making it the largest growth contributor.

• Revenue fluctuated with oil prices, peaking at $5.41M in Q3 2025 and reaching $2.0M in Mar 2026.

• Inventory levels remained stable, ranging from 12.0K to 20.1K bbl over the period.

Key well performance and optimization

• Star wells like 10-07-36-25W3 and 10-08-36-25W3 delivered high, stable production and revenue, with ongoing optimization unlocking further value.

• Reactivated wells such as 16-07-36-25W3 (shut-in for 20+ years) and 03-09-36-25W3 proved the success of recycle pump strategies and enhanced recovery, generating strong initial rates and revenue.

• Active sand management, pump speed adjustments, and chemical treatments have been key to sustaining and improving well performance across the Luseland field.