CanCambria targets late-2026 3D seismic survey for shallow oil play in southern Hungary

• CanCambria outlined plans for a proprietary 3D seismic survey over its STA shallow-oil fairway in southern Hungary, targeted for 2H 2026.
• The 80,000-acre trend sits within its 100%-owned Kiskunhalas concession; management has identified 10 oil prospects from legacy 2D seismic.
• Adjacent fields have produced about 160 MMBOE; analogs imply a mean target field size near 15 MMBOE.
• Management estimates prospective net revenue up to USD 567 million per prospect, net of royalties and taxes, at USD 70 oil.
• Initial drilling is anticipated in 1H 2027; vertical well costs are estimated at USD 2.75-3.75 million with payout under 12 months at USD 70 oil.

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. Cancambria Energy Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202607140730NEWSFILECNPR____20260714_305081_1) on July 14, 2026, and is solely responsible for the information contained therein.