Calgary, Alberta (November 26, 2025) – Decimus Oil Corp. (“WCSB” or the “Company”) (TSXV:WCSB) is pleased to announce its financial and operating results for the three and nine months ended September 30, 2025. The associated management’s discussion and analysis (“MD&A”) and unaudited interim financial statements for the three and nine months ended September 30, 2025, can be found at www.sedarplus.ca and www.decimusoil.com

The Company’s key achievements in the third quarter of 2025 included the following:

• Achieved production of 175 boe/d (46% Oil NGLs) in Q3/25, 133% increase compared to 75 boe/d in Q3/24, while production remained consistent when comparing Q2/25 at 176 boe/d, further demonstrating the low decline production base. 

• Oil gas sales decreased to $588,231 in Q3/25, a 10% decrease from Q3/24 revenue of $652,735 and a 4% decrease from Q2/25 revenue of $615,001 due to a reduction in overall commodity prices. 

• Operating costs on a per boe basis decreased by 58% to $28.45/boe in Q3/25 from $67.16/boe in Q3/24 and decreased by 17% when comparing to Q2/25 of $34.35/boe. 

• Cash flow from operating activities of $42,006, in Q3/25, a 9% decrease from $45,986 compared to Q3/24 and a 20% decrease from $52,785 when comparing to Q2/25.  

• Adjusted funds flow was deficit of $133,936 in Q3/25, a 56% decrease from a deficit of $86,118 compared to Q3/24 and a 33% increase from a deficit of $199,775 when comparing Q2/25. 

• Total capital expenditures decreased by 97% in Q3/25 to $6,254 from $229,955 in Q3/24.  

 

Selected Quarterly Information

The following table summarizes the Company’s financial and operating results for the three months ended September 30, 2025, and September 30, 2024:

	Three months ended September 30
($)	2025	2024	% change
Total oil, natural gas and processing revenue	621,769	687,097	(10)
Cash flow from operating activities	42,006	45,986	(9)
Per share – basic	-	-	-
Per share – diluted	-	-	-
Adjusted funds flow (1)	(133,936)	(86,118)	(56)
Per share – basic (2)	-	-	-
Per share – diluted (2)	-	-	-
Net income (loss)	(377,973)	(244,907)	(54)
Per share – basic	(0.01)	(0.01)	-
Per share – diluted	(0.01)	(0.01)	-
Working capital debt(1)	1,188,922	598,971	(98)
Capital expenditures	6,254	229,955	(97)
Weighted average shares outstanding
Basic	44,614,100	39,944,100	12
Diluted	44,614,100	39,944,100	12
Share Trading
High	$0.11	$0.13	(15)
Low	$0.09	$0.07	29
Trading volume	2,186,085	913,317	(18)
Average daily production
Oil (bbls/d)	79	73	8
NGL (bbls/d)	2	-	100
Natural Gas (mcf/d)	570	14	3971
Total (boe/d)	175	75	133
Average realized sale prices, before financial instruments
Oil ($/bbls)	76.50	96.80	(21)
Natural gas liquids ($/bbls)	22.83	50.13	(54)
Natural Gas ($/mcf)	0.60	2.15	(72)
Operating netback, after derivatives ($/boe)	3.72	14.11	(74)
Adjusted funds flow ($/boe)	(8.31)	(12.41)	33

1. Capital Management Measure; See “Non-IFRS Financial Measures, Non-IFRS Financial Ratios and Capital Management Measures” Section of the MDA. 

2. Non-IFRS Financial Ratio; See “Non-IFRS Financial Measures, Non-IFRS Financial Ratios and Capital Management Measures” Section of the MDA. 

  

 Despite the volatility in commodity prices, we remain committed to our growth strategy increasing our base production to 175 boe/d (46% Oil & NGLs) in Q3/25, a 133% increase compared to 75 boe/d in Q3/24.  This increase contributed to a 17% reduction in operating costs to $28.45/boe in Q3/25 from $34.35/boe in Q2/25. The Company accomplished this year over year production growth while minimizing capital expenditures to $48,010 for the nine months ended September 30, 2025, a 91% decrease from the same period in 2024. The low decline profile of our asset base requires minimal maintenance capital.

Revenues in Q3/25 were 10% lower compared to Q3/24, due to a 72% reduction in realized natural gas prices to $0.60/mcf from $2.15/mcf in Q3/24. The Company maintained cash flow from operations of $42,006, in Q3/25, a 9% decrease from $45,986 compared to Q3/24, despite a 62% decrease in average realized sales prices of $36.49/boe in Q3/25 from $95.44/boe in Q3/24.

Given the low capital intensity of our asset base paired with existing cash flow, we will continue to position the Company to take advantage of opportunities to enhance the growth, sustainability and repeatability of the Company's strategy.

Decimus's asset base provides flexibility in volatile commodity price environments due to the following key characteristics: greater than 50% operated capital program to control capital spending, low decline rate, year-round access, low capital costs, no drilling commitments, and no land expiry concerns.

Additional Information on Decimus can be found on the website and updated Corporate Presentation
Interested investors and other market participants can learn more about the Decimus opportunity by visiting its new website and reviewing the Company’s corporate presentation, available at www.decimusoil.com

For further information:

Cameron MacDonald

President & CEO
Phone: (403) 585-9875

 

Or

 

Dean Stuart

Investor Relations

Phone: (403) 617-7609

Email: ir@decimusoil.com

 

About Decimus Oil Corp.

Decimus Oil Corp. is engaged in the acquisition, development and production of oil and gas in the Western Canadian Sedimentary Basin. The Company is focused on Mannville development in Southern Alberta where it’s advancing its low-risk acquisition strategy, paired with deploying modern completion techniques to expose its underexploited drilling opportunities to unlock significant resource in place.

 

Forward-looking Information and Statements

The information in this news release contains certain forward-looking statements. These statements relate to future events or our future performance. All statements other than statements of historical fact may be forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "estimate", "approximate", "expect", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe", "would" and similar expressions. These statements involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company's control, including: the impact of the COVID-19 pandemic on the Company's business and operations (and the duration of the impacts thereof). the inability of the Company to meet its commitments on its lands oR on the lands it may acquire, the impact of general economic conditions; industry conditions; changes in laws and regulations including the adoption of new environmental laws and regulations and changes in how they are interpreted and enforced; fluctuations in commodity prices and foreign exchange and interest rates; stock market volatility and market valuations; volatility in market prices for oil and natural gas; liabilities inherent in oil and natural gas operations; uncertainties associated with estimating oil and natural gas reserves, changes in income tax laws or changes in tax laws and incentive programs relating to the oil and gas industry; geological, technical, drilling and processing problems and other difficulties in producing petroleum reserves; and obtaining required approvals of regulatory authorities. The Company's actual results, performance or achievement could differ materially from those expressed in, or implied by, such forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur or, if any of them do, what benefits the Company will derive from them. These statements are subject to certain risks and uncertainties and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied in the forward-looking statements. The forward-looking statements in this news release are expressly qualified in their entirety by this cautionary statement. Except as required by law, the Company undertakes no obligation to publicly update or revise any forward-looking statements. Investors are encouraged to review and consider the additional risk factors set forth in the Company's continuous disclosure documents which are available on SEDAR+ at www.sedarplus.ca

 

Non-GAAP Measurements

The Company utilizes certain measurements that do not have a standardized meaning or definition as prescribed by International Financial Reporting Standards ("IFRS") and therefore may not be comparable with the calculation of similar measures by other entities, including but not limited to operating netback, cash flow and working capital. Readers are referred to advisories and further discussion on non-GAAP measurements contained in the Company’s continuous disclosure documents.  Operating netback is a non‐GAAP measure calculated as the average per boe of the Company's oil and gas sales, less royalties and operating costs.

 

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.