Prospera Energy (PEI) Investor presentation summary

Reactivation strategy and operational highlights

• Completed 64 workovers and 21 well reactivations since November 2024, validating a low-cost reactivation model.

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

• Over 140 reactivation targets remain, with 41 identified as Tier 1 candidates for future growth.

• Each incremental capital dollar deployed into reactivation demonstrates a clear path to increased production and cash flow.

Production and financial performance

• Corporate production averaged 586 to 819 boe/d from Nov 2024 to Q3 2025, with Luseland's share rising from 10% to 32%.

• Revenue ranged from $1.18M to $5.41M per month, with inventory levels maintained between 12K and 20K barrels.

• Cuthbert remains the stable production base, while Luseland is now the largest growth contributor.

• Hearts Hill and Alberta assets provide diversification to the production portfolio.

Key well performance and optimization

• Star wells like 10-07-36-25W3 and 10-08-36-25W3 show consistent production and optimization success, with high initial production and rising oil cuts.

• Updip wells such as 01-17-36-25W3 and 12-17-36-25W3 deliver exceptional netbacks and benefit from active sand and fluid management.

• Reactivated wells like 16-07-36-25W3 and 03-09-36-25W3, previously shut-in for decades, now contribute significantly after targeted interventions.

• Active sand management, recycle pumps, and chemical treatments are key to unlocking production and extending well life.

• Legacy producers such as 04-17-36-25W3 and 15-04-36-25W3 provide a stable base, funding higher-impact optimization programs.