MCF Energy drills Kinsau-1A well to 3,310 m total depth

Executive Summary

• MCF Energy Ltd. completed drilling of the Kinsau-1A well in Lech, Germany, reaching a total depth of 3,310 meters and bottoming in the Jurassic Malm reef carbonate interval.
• The well encountered significant gas shows and improved reservoir quality compared to the original 1983 Mobil discovery, with porosity logs indicating up to 12% average porosity in the Purbeck interval and up to 20% in the Malm reef facies.
• The company received license extensions for the Reudnitz gas field (until Dec 31, 2027) and the Erlenwiese license (until Sept 13, 2026), allowing for continued testing and seismic analysis.

Key Details

• Kinsau-1A Well Status: Drilling completed on Sept 17, 2025; rig released safely; seven-inch casing installed and cemented; logs run.
• Total Depth: 3,310 meters measured depth (MD).
• Target Zone (Purbeck Interval):
  • Penetrated on Sept 10, 2025, at 3,181 meters MD (2,485.5 m TVDSS).
  • Located 3 meters higher than the original Kn-1 well.
  • Within 65 meters of the original Mobil gas discovery well bottom hole.
  • Porosity logs show zones of up to 12% porosity, with streaks as high as 17%.
  • Preliminary results indicate >18 meters of reservoir with an average porosity of 8.6%.
  • Potential hydrocarbon water contact identified at 3,244 meters MD.
  • Gas shows identified with a maximum total gas reading of 11.5%.
• Malm Interval:
  • Identified at 3,216 meters MD.
  • Reef facies encountered at 3,230 meters MD and continued to TD.
  • Maximum porosity reading of 20% (significantly higher than the 12% max in the original Kn-1 well).
• Testing Schedule: Testing program to be built from current log/sample analysis; requires mining authority approval; expected to begin in Q1 2026 when suitable test units are available.
• Reudnitz License Extension:
  • Received 27-month extension from Landesamt fur Bergbau Geologie und Rohstoffe (LBGR).
  • New expiration date: December 31, 2027.
  • Purpose: Continue testing operations, seek development partner, and secure company interest.
• Erlenwiese License Extension:
  • Received one-year extension from Regierungsprasidium Darmstadt (Hesse mining authority).
  • New expiration date: September 13, 2026.
  • Purpose: Finalize work via reprocessing of critical 3-D seismic and AI/machine learning analysis.
• Historical Context (Kn-1 Well, 1983):
  • Original Mobil well drilled to 3,940 meters MD.
  • Tested over 22.5-meter perforated interval.
  • Variable rate test results: 7.7M, 14.8M, and 24.7M cubic feet per day at varying pressures.
  • Total test recovery: 45.9 million cubic feet of gas and 1,510 barrels of condensate.
• Ownership: Genexco (100% subsidiary of MCF Energy) holds a 20% interest in Energieprojekt Kinsau 1 GmbH, the licensee and operator.

Notable Quotes

• "The Kinsau-1A well is now drilled and ready for testing. Germany has significant natural gas resources within their borders for both personal and industrial needs. Natural gas found within Germany will have a much lower carbon footprint than imported gas, further helping the environment while providing energy security for the nation." — James Hill, Chief Executive Officer