Monumental Energy Corp.（“纪念性”或“公司”）很高兴地宣布（继公司于 2026 年 1 月 13 日发布的新闻稿之后）与新西兰能源公司合作，Ngaere-1 井成功射孔并取得了强劲的初步生产成果。 (“ZEC”) 和 L&M Energy Ltd. (“ME”)（统称为“合作伙伴”）。 NZEC持有位于新西兰塔拉纳基陆上地区的石油开采许可证PML 38140和PML 38141（统称“许可证”）50%的权益。该权益的取得基于NZEC与L&M Energy Limited（以下简称“许可证OA”）之间的联合运营协议。

该合作关系使Monumental能够与NZEC共同参与若干双方商定的评估和开发修井项目，以提高许可证覆盖区域的油气产量。双方已选定Ngaere-1井作为该合作关系下的首个项目。

NGAERE-

1井于不到两周前成功射孔，进入此前未测试过的Ypass油层。此次射孔是根据合伙企业近期签署的融资和收益分成协议进行的（参见公司2026年1月13日发布的新闻稿和NZEC 2026年2月4日发布的新闻稿）。

射孔后，该井立即产出油气，在运营的前六个小时内生产了580桶原油。随后，该井暂时停产，以便更多油轮抵达现场，将原油运往港口进行后续炼油。

自恢复作业以来，Ngaere-1 修井迄今已产出约 3,000 桶原油，目前日产量稳定在约 120 桶，且尚未进行计划于未来实施的额外增产和优化作业。

作为参考，目前布伦特原油价格高于每桶 85 美元，新西​​兰原油价格通常仅比布伦特原油价格略低。新西兰的运营成本主要以新西兰元计价（目前约 1 美元 = 1.68 新西兰元）。

尽管 Ngaere-1 井最初钻探于 30 多年前，但目前产油的上部地层此前并未进行评估，导致该层段的历史测井数据有限。尽管存在这种不确定性，该井在射孔后立即产出油气，且初期生产收入已在运营的最初几周内收回了修井成本。

下一阶段的工作重点将是持续生产和油藏评价，同时为旨在增加油藏压降的重新完井计划做准备，预计这将进一步提高产量和最终可采储量。

鉴于历史测井数据的不确定性，合伙企业认为初步结果令人鼓舞，并相信这些结果表明该油田存在类似的机遇。WAIHAPA

H1 和 NGAERE-2

：继在 Ngaere-1 井对 Mount Messenger 地层进行经济高效的射孔作业取得良好的初步成果后，合伙企业已同意立即在 Waihapa H1 和 Ngaere-2 井开展类似的射孔作业。

这些射孔作业预计将在作业条件允许的情况下尽快进行，并将针对与 Ngaere-1 井早期生产表现良好的地层相同的地层。

公司管理层认为，这些额外的射孔作业代表着一个低成本、高效益的机会，可以释放现有井中先前被忽略的油气层。在这些地点取得成功将进一步验证整个许可区域内Mount Messenger组地层的更广泛潜力，并带来近期产量增长。

2026年展望：

Monumental公司还牵头并共同资助了一项申请，拟将Ngaere许可区域扩大约4050英亩，并承担了50%的申请费用。

拟议的扩展区域位于Cheal油田和目前正在Ngaere油田评估的Ngaere油井之间。地震数据显示，该区域内存在额外的油气聚集潜力，尤其是在与目前正在评估的深度相似的较浅深度。该申请已发布在新西兰监管机构网站上，目前正在审核中。作为审核过程的一部分，监管机构将考虑支持将Ngaere油田扩展至拟议区域的地质和生产证据。

此外，Monumental Energy正积极在塔拉纳基盆地推进陆上勘探许可证的申请，旨在建立以天然气开发为主的长期战略布局。目前，

该公司已向监管机构提交了另外两个区域的勘探许可证申请。Monumental Energy认为，塔拉纳基陆上地区是新西兰最有发展前景的地区，能够有效解决该国日益严重的天然气供应短缺问题。因此，Monumental Energy正积极寻求该地区的开发机遇，以期在短期内保障天然气供应，并推动长期能源发展。

政府资助：
2026年1月12日，新西兰政府宣布启动能源发展基金，旨在支持新西兰境内新的天然气勘探和开发项目。Monumental

Energy的技术团队目前正在评估其投资组合中的多个项目，这些项目被认为可能符合该计划的资助条件。该公司认为，参与该计划有助于加速国内天然气资源的开发，并支持新西兰应对日益严峻的能源供应挑战。

Monumental Energy Corp. (锟組onumental锟� or the 锟紺ompany锟�) is pleased to announce (further to the Company锟絪 news release dated January 13, 2026) the successful perforation and strong initial production results from the Ngaere-1 well, in partnership with New Zealand Energy Corp. (锟絅ZEC锟�) and L&M Energy Ltd. (锟絃ME锟�) (collectively, the 锟絇artnership锟�). NZEC is the holder of a 50% interest in the Petroleum Mining Licences PML 38140 and PML 38141 (together, the 锟絃icences锟�) located in onshore Taranaki, New Zealand, pursuant to a joint operating agreement between NZEC and L&M Energy Limited (the 锟絁OA锟�).

The Partnership enables Monumental to participate in certain mutually agreed upon appraisal and development workover projects with NZEC to increase oil and gas production from the area covered by the Licenses. The parties have selected Ngaere-1 well as the first project under the Partnership.

NGAERE-1

The Ngaere-1 well was successfully perforated into a previously untested 锟絙ypass pay zone锟� less than two weeks ago under the recently executed funding and gainshare agreement between the Partnership (see the Company锟絪 news release dated January 13, 2026 and NZEC锟絪 news release dated February 4, 2026).

Following perforation, the well immediately flowed oil and gas, producing 580 barrels of crude oil within the first six hours of operation. Production was temporarily shut-in to allow additional tanker capacity to arrive on site to transport the crude for delivery to port and subsequent refining.

Since recommencing operations, the Ngaere-1 workover well has produced approximately 3,000 barrels of crude oil to date, currently stabilizing at approximately 120 barrels of oil per day, without the benefit of additional stimulation and optimization activities which are planned for a future date.

For context, Brent crude oil prices are currently above US$85 per barrel, with New Zealand crude typically achieving only a modest discount to Brent pricing. Operating costs in New Zealand are primarily denominated in New Zealand dollars (currently approximately US$1 = NZ$1.68).

Although the Ngaere-1 well was originally drilled more than 30 years ago, the upper zone that is now producing was not previously evaluated, resulting in limited historical log data for this interval. Despite this uncertainty, the well flowed oil and gas immediately upon perforation, and initial production revenues have already recovered the workover costs within the first weeks of operation.

The next phase of work will focus on continued production and reservoir evaluation while preparing for a recompletion program designed to increase drawdown on the reservoir, which is expected to further enhance production rates and ultimate recoverable reserves.

The Partnership considers the initial results highly encouraging given the historical log uncertainty and believes they demonstrate the potential for similar opportunities across the field.

WAIHAPA H1 AND NGAERE-2

Following the strong initial results from the cost-effective perforation of the Mount Messenger Formation at the Ngaere-1 well, the Partnership has agreed to immediately advance similar perforation operations at the Waihapa H1 and Ngaere-2 wells.

These perforations are expected to take place as soon as operational logistics permit and will target the same formation that has demonstrated encouraging early production at Ngaere-1.

The Company锟絪 management believes these additional perforations represent a low-cost, high-impact opportunity to unlock previously bypassed hydrocarbon zones within existing wells. Success at these locations could further validate the broader potential of the Mount Messenger Formation across the permit area and provide additional near-term production growth.

OUTLOOK FOR 2026

Monumental has also led and co-funded an application to extend the Ngaere permit area by approximately 4050 acres, funding 50% of the application costs.

The proposed extension area lies between the Cheal oil field and the Ngaere wells currently under evaluation within the Ngaere field. Seismic data indicates the potential for additional hydrocarbon accumulations within this corridor, particularly at shallower depths similar to those currently being evaluated. The application has been posted on the New Zealand regulator锟絪 website and is currently under review. As part of the review process, the regulator will consider geological and production evidence supporting the potential extension of the Ngaere field into the proposed acreage.

In addition, Monumental is actively pursuing further onshore permit applications within the Taranaki Basin with the objective of establishing a longer-term position focused primarily on natural gas development. Two additional permit areas are currently under submission with the regulator.

The Company believes that onshore Taranaki represents the most promising region in New Zealand capable of addressing the country锟絪 growing natural gas supply shortage. Monumental is therefore actively pursuing opportunities in this region with the goal of supporting both near-term gas supply and longer-term energy development.

GOVERNMENT FUNDING
On January 12, 2026, the Government of New Zealand announced the opening of its Energy Development Fund, which is designed to support new natural gas exploration and development projects within the country.

Monumental Energy is currently evaluating several opportunities within its portfolio that its technical team believes may qualify for funding under this program. The Company believes that participation in this initiative could help accelerate the development of domestic gas resources and support New Zealand锟絪 efforts to address growing energy supply constraints.