October 23, 2025, Vancouver, British Columbia – Oregen Energy Corp (CSE: ORNG) (FSE: A1S0) (“Oregen” or the “Company”) is pleased to announce the appointment of Christopher Pitman to its Board of Directors, effective immediately. Concurrently, the Company announces the resignation of Ken Brophy from the Board, effective September 30, 2025. The Company thanks Mr. Brophy for his dedicated service and contributions to the Company and wishes him all the best in his future endeavors.

Christopher has been instrumental in leading and executing exploration and development projects across Africa having been the CEO of three private and public companies with assets in Africa. With more than four decades of hands-on experience, he has also worked with PGS on multi-client 2D/3D seismic campaigns, advanced geological-geophysical understanding and advised on resource delineation and structural risk. His work in African basins means he brings strong field-based experience navigating technical, operational and regulatory challenges in less-mature jurisdictions — a key advantage for our growth-oriented exploration investment strategy. Christopher will provide our board with seasoned perspective on license evaluation, seismic interpretation, reservoir modelling and the emerging frontier geology that we are targeting.

Mason Granger, CEO & Director commented, “Christopher brings deep technical evaluation and operational experience in the exploration and energy sector, which will support our strategic investments in oil & gas exploration. His extensive background with industry-leader PGS gives him insight into geophysical data acquisition and interpretation, while his geology background means he understands the subsurface risks and opportunities from the ground-up. Christopher’s appointment will further enhance our board’s ability to evaluate opportunities in prospective offshore blocks, and in risk-mitigation and value-creation in frontier regions like the Orange Basin.”

Christopher holds Bachelor of Science (BSc) from Prifysgol Aberystwyth University in Geology and a Masters (MSc) in Sedimentology from the University of Reading and is chartered as a Fellow of the Geological Society (FGS). He is a qualified person (QP) and competent person (CP) under both current mining and petroleum guidelines, reinforcing his credibility in technical disclosures.

The Board is confident that Christopher’s professional credentials and field pedigree make him a strong addition to our Board as we move forward with disciplined investment in exploration and his strategic, financial, and natural resource sector expertise will be a strong complement to Oregen’s growth trajectory.

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.