Craigend Clearwater Opportunity

Rubellite Energy Inc. is offering for farmout or disposition a contiguous Oil Sands position with multi zone potential in the Mannville group.

Prospect highlights include:

• 9.25 sections of 100% WI Oil Sands rights with extensive primary term tenure
• Greater than 10m of net sand with oil recovered on DST
• Net pay varying between 3-9m within the Clearwater Group sands
• Offsetting 100/11-14-063-14W4/00 core has uniform oil staining throughout the lower Clearwater Sand deposits
• Logs and core suggest 23-30% porosity and 30-300mD permeability in the Clearwater/Glauconitic Sandstone
• Multiple potential horizons within the Mannville Group, including Glauconitic Sandstone (Clearwater/Wabiskaw equivalent)
• Over 60 sections of oil sands rights available at the October 15, 2025 AB Land Sale

See attached asset summary for more detailed information on the opportunity or contact:

Kayley Stokes
Tel: 403-269-4483
E: Kayley.Stokes@rubelliteenergy.com