New Zealand Energy publishes Q1 2026 MD&A for three months ended March 31

• New Zealand Energy published its Q1 2026 MD&A, citing stronger Waihapa-Ngaere output following Mount Messenger perforations in three wells.
• Combined Waihapa-Ngaere production exceeded 300 barrels of oil per day on a 100% working-interest basis late in the quarter.
• Q1 oil production rose to 10,026 barrels from 541 a year earlier; oil sales revenue climbed to CAD 510,381 from CAD 15,679.
• Copper Moki-1 remained shut due to a pump failure; planning continued for an intervention to replace the pump and restore production.
• 2026 priorities include advancing the Tariki Gas Storage Project, extending Tariki well testing, optimizing Waihapa Production Station capacity, and potential water injection.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New Zealand Energy Corp. published the original content used to generate this news brief on July 10, 2026, and is solely responsible for the information contained therein.