Grand Gulf Energy Advances Helium Prospects Amid Market Challenges

• Planning underway for 18 sq mile 3D seismic survey at Cedar Point to refine helium and oil drilling targets
• Ongoing joint venture discussions to secure funding for drilling and seismic operations
• Sustained oil production at Desiree Field with 3,443 barrels produced in the quarter
• Cost reduction initiatives implemented to align with softer helium and energy markets