Altura starts recompletion on first two helium wells

Mr. Robert Johnston reports ALTURA ENERGY BEGINS RECOMPLETION WORK ON THE FIRST TWO OF EIGHT WELLS All necessary contractors of Altura Energy Corp. have been scheduled to begin recompletion efforts on Oct. 27, 2025. The workover rig is on site and being moved into position today. In 2023, Altura acquired a 50-per-cent interest in eight Helium wells in northeast Arizona. All eight wells died within months of connecting to the plant. Because no engineering driven effort was undertaken to reestablish production, Altura believes the area's potential is untested. For this reason, Altura has consolidated 100-per-cent interest in the eight Helium wells and now operates all eight wells. Over the coming weeks, Altura will evaluate the first two of the eight wellbores to determine if the production is restricted by easily correctable issues (such as lowering the water level or removing sand that is obscuring perforations) or if costlier, but quite economic, investments are required (such as relogging, squeezing cement and reperforating). Once the first two wells have been tested and evaluated, the remaining six will follow. Further to any unforeseen setbacks, the workovers are expected to take approximately five to 10 days per well beginning on Oct. 27, 2025, along with the necessary time to move the rig from well No. 1 to well No. 2. Upon completion of the workover on the initial two wells, the company will release flow results. About Altura Energy Corp. Altura Energy is an exploration and production company with interests in the Holbrook basin of Arizona. We seek Safe Harbor.