May 4, 2026 – TheNewswire - Vancouver, British Columbia – Oregen Energy Corp (CSE: ORNG) (OTCQB: ORGEF) (FSE: A1S0) (“Oregen” or the “Company”) is pleased to announce the appointment of David French to its Board of Directors. The appointment is subject to customary exchange approval and regulatory requirements. Concurrently, the Company announces that Michael Humphries and Christopher Pitman have each elected to step down from the Board, effective April 28, 2026. The Company thanks both for their contributions to Oregen and wishes them well in their future endeavours.

 

Mason Granger, CEO & Director commented, “I have known David for more than fifteen years and have tremendous respect for him both professionally and personally. His track record leading oil and gas companies across multiple continents – from the Permian Basin to Western Canada to Southeast Europe – combined with his strategic advisory experience at McKinsey, makes him an outstanding addition to the Oregen board at a pivotal moment for the Company.”

 

Mr. French added, “Oregen is sitting with the right story – premier acreage in one of the most compelling frontier basins in the world, with the right neighbours and genuine interest from major operators. The prize here is significant, and I look forward to helping Mason and the team execute on their farm-out strategy and convert these interests into transactions that create real value for shareholders.”

 

Mr. French brings more than 30 years of energy industry experience to the Oregen board. Most recently a Partner at McKinsey & Company, where he was the global co-lead in the Joint Ventures and Alliances practice and a technical leader in Oil and Gas advisory. He previously served as President, CEO and Director of Rosehill Resources Inc., Obsidian Energy Ltd., and Bankers Petroleum Ltd., with operational and engineering leadership roles spanning the Permian Basin, western Canada, and Southeastern Europe. He has personally led or been involved in the integration of more than 50 M&A transactions. Earlier in his career, he held senior roles at Apache Corporation and Amoco Production Company (now BP). Mr. French holds a B.Sc. in Mechanical Engineering from Rice University and an MBA from Harvard Business School.

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

Sign up for our Newsletter at our Investor Page:

 

https://investors.oregen.com/

 

Follow our Social Media Channels:

 

X (formerly Twitter): https://x.com/oregenenergy

LinkedIn: https://www.linkedin.com/company/oregenenergycorp/

YouTube: https://www.youtube.com/@OregenEnergy

Facebook: https://www.facebook.com/oregenenergy/

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.