New Raya West Prospect Identified with Strong AVO Support

• Both Raya West and Raya exhibit multiple stacked Class II and III Amplitude Versus Offset (AVO) anomalies within the proven Zorritos Formation consistent with the presence of thick hydrocarbon-bearing reservoir sands over a potential 800m section. over a potential 800m section. First Floor • Significant de-risking at Raya Prospect through Advanced (AVO) seismic analysis confirms multiple strong