Wilson Creek Development Update

Lotus Creek Exploration Updates Wilson Creek Development Program and Production Target

Lotus Creek Exploration Inc. (TSXV: LTC) is pleased to provide an operational update on its Wilson Creek Belly River development program. In 2026, Lotus Creek will bring on production the remaining two gross (2.0 net) Belly Rivers light oil wells from its post-break-up drilling program, completing the Company’s five gross (5.0 Net) well 2026 Wilson Creek program. Corporate production currently exceeds 5,500 boe per day, with 72% of this being light oil and NGLs. Production from these wells is being optimized to maximize oil throughput through the Company's operated Wilson Creek oil battery. The Company has also initiated planning for the next phase of infrastructure development at Wilson Creek, providing a pathway toward its longer-term objective of approximately 10,000 boe daily. Additional infrastructure capacity is currently targeted to be available toward the end of 2027. A new corporate presentation has been posted to the company’ website and can be accessed at the following link. The Board of Directors has approved the grant of 156,397 stock options to certain Directors and Officers.