April 13, 2026, Vancouver, British Columbia - TheNewswire – Oregen Energy Corp (CSE: ORNG) (FSE: A1S0) (“Oregen” or the “Company”) is pleased to announce its participation in the Namibia International Energy Conference (NIEC), taking place April 14–16, 2026, in Windhoek. The event will convene a powerful mix of global energy leaders, investors, and government stakeholders at a pivotal time for Namibia’s rapidly advancing oil and gas sector.

The conference is expected to draw senior representatives from international oil majors, independent explorers, national oil companies, and key government ministries—reflecting the increasing global focus on Namibia as one of the most important emerging hydrocarbon regions worldwide. With strong alignment between industry and government, the event highlights a shared commitment to unlocking long-term value from the country’s offshore resources. Activity is picking up in 2026, and this month Shell has spudded the Merlin-1X exploration well on PEL 39 using the Deepsea Mira semi-submersible — its 10th well on the license. Using the Deepsea Mira semi-submersible, the well targets a prospect in approximately 2,500 meters of water alongside partners QatarEnergy and NAMCOR. If successful, this well would add momentum to the country’s transformation into one of the most closely watched frontiers in global energy exploration.

Oregen Energy arrives at the conference on the heels of its recent announcement regarding Block 2812Ab, widely regarded as one of the premier exploration positions in the Orange Basin. The block spans approximately 2,742 km² in deepwater depths of roughly 2,900 to 3,900 metres and is strategically located directly northwest of TotalEnergies’ Venus discovery—one of the largest offshore oil finds in the basin to date.¹

Positioned adjacent to major operator acreage and along the same prolific Upper Cretaceous turbidite fairway, Block 2812Ab exhibits strong geological continuity with nearby discoveries. Early technical analysis indicates the presence of analogous structural and stratigraphic features, with multiple drill-ready prospects expected to be defined through upcoming 3D seismic programs. The block’s location within an active development corridor also provides potential future tie-back and infrastructure synergies as the basin matures.

“This is an ideal moment for Oregen to be engaging with global stakeholders at NIEC,” said Mason Granger, CEO & Director of Oregen Energy. “Our recent progress in securing exposure to one of the basin’s most strategically located and geologically compelling blocks reinforces our commitment to building a high-impact position in what is quickly becoming a world-class petroleum province.”

Namibia’s Orange Basin continues to evolve at remarkable pace, transitioning from frontier exploration into a globally significant development story. A series of multi-billion-barrel discoveries by major operators has positioned the basin as one of the largest new hydrocarbon provinces to emerge in decades, attracting sustained capital inflows and technical activity.

Market anticipation is building toward a potential Final Investment Decision (FID) by TotalEnergies on the Venus development later this year—an event widely expected to serve as a major catalyst for full-scale basin commercialization and infrastructure rollout.

Against this backdrop, the NIEC Conference provides a timely platform for collaboration, investment dialogue, and strategic alignment as Namibia advances toward first production. Oregen Energy looks forward to contributing to these discussions and strengthening relationships with key industry and government partners.

MARKETING SERVICES AGREEMENT

The Company has entered into a marketing consulting services agreement (the “Marketing Agreement”) with Spark Newswire Inc. (“Spark”), effective April 2026. Pursuant to the Marketing Agreement, Spark will provide marketing and investor relations services on behalf of the Company, including capital markets advisory, media and social media distribution, newsletter distribution, and press release drafting and distribution. The term of the Marketing Agreement is six (6) months, with a total cash consideration of USD $150,000 payable to Spark over the term. Spark deals at arm’s length with the Company, holds no securities of the Company, and compensation under the Marketing Agreement is not based on the Company’s share price or trading volume. Spark may be contacted at: Steve Hnatko, CMO – steve@sparknewswire.com, 604.999.7361.

ABOUT OREGEN ENERGY CORP.

Oregen is an investment company primarily focused on oil and gas assets in Africa. The Company is actively exploring other investment opportunities in the Orange and surrounding basins. Its current flagship investment is 33.95% net interest in Block 2712A in the Orange Basin offshore Namibia, an emerging world-class petroleum province with multiple recent discoveries by major operators.

 

On Behalf of the Board of Directors

Mason Granger
Chief Executive Officer & Director

Contact Information:

T: 604.737.2303

E: info@oregen.com

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The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release. Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements:

This news release includes certain statements and information that constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts are forward-looking statements. Such forward-looking statements and forward-looking information specifically include, but are not limited to, statements that relate to the commencement of trading of the Company’s common shares on the Exchange and the timing in respect thereof.

Statements contained in this release that are not historical facts are forward-looking statements that involve various risks and uncertainty affecting the business of Oregen. Such statements can generally, but not always, be identified by words such as “expects”, “plans”, “anticipates”, “intends”, “estimates”, “forecasts”, “schedules”, “prepares”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. All statements that describe the Company’s plans relating to operations and potential strategic opportunities are forward-looking statements under applicable securities laws. These statements address future events and conditions and are reliant on assumptions made by the Company’s management, and so involve inherent risks and uncertainties, as disclosed in the Company’s periodic filings with Canadian securities regulators. As a result of these risks and uncertainties, and the assumptions underlying the forward-looking information, actual results could materially differ from those currently projected, and there is no representation by Oregen that the actual results realized in the future will be the same in whole or in part as those presented herein. Oregen disclaims any intent or obligation to update forward-looking statements or information except as required by law. Readers are referred to the additional information regarding Oregen's business contained in Oregen’s reports filed with the securities regulatory authorities in Canada. Although the Company has attempted to identify important factors that could cause actual actions, events, or results to differ materially from those described in forward-looking statements, there may be other factors that could cause actions, events or results not to be as anticipated, estimated or intended. For more information on Oregen and the risks and challenges of its business, investors should review Oregen’s filings that are available at www.sedarplus.ca.

Oregen provides no assurance that forward-looking statements and information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements or information. Accordingly, readers should not place undue reliance on forward-looking statements or information.