Red Sky Energy Accelerates Growth with Angola Block and Yarrow Well Boost

• Yarrow 3 well generates $3.18 million in gross production receipts year-to-date
• Yarrow 1 well pre-fracture workover completed; fracture stimulation scheduled for late February 2025
• Killanoola project progressing with plans for high-impact KN2 well and ongoing offtake negotiations
• Red Sky acquires 35% interest in offshore Block 6/24, Angola, marking a strategic geographic diversification