December 18, 2024 GEAR ENERGY LTD. ANNOUNCES NAME OF SPIN-OUT COMPANY, 2025 BUDGET, UPDATED RESERVES AND SHAREHOLDER MEETING DETAILS

December 10, 2024 GEAR ENERGY LTD. ANNOUNCES NEW CORPORATE PRESENTATION TO SHAREHOLDERS

December 2, 2024 GEAR ENERGY LTD. ANNOUNCES A TRANSFORMATIVE TRANSACTION PROVIDING SHAREHOLDERS WITH LIQUIDITY AND RETAINED OWNERSHIP IN A NEW GROWTH FOCUSED OIL COMPANY AND MONTHLY DIVIDEND

November 7, 2024 GEAR ENERGY LTD. ANNOUNCES THIRD QUARTER 2024 OPERATING RESULTS

November 1, 2024 GEAR ENERGY LTD. CONFIRMS MONTHLY DIVIDEND FOR NOVEMBER OF $0.005 PER SHARE

October 1, 2024 GEAR ENERGY LTD. CONFIRMS MONTHLY DIVIDEND FOR OCTOBER OF $0.005 PER SHARE August 30, 2024 GEAR ENERGY LTD. CONFIRMS MONTHLY DIVIDEND FOR SEPTEMBER OF $0.005 PER SHARE July 31, 2024 GEAR ENERGY LTD. ANNOUNCES SECOND QUARTER 2024 OPERATING RESULTS AND AUGUST MONTHLY DIVIDEND OF $0.005 PER SHARE July 2, 2024 GEAR ENERGY LTD. CONFIRMS MONTHLY DIVIDEND FOR JULY OF $0.005 PER SHARE June 3, 2024 GEAR ENERGY LTD. CONFIRMS MONTHLY DIVIDEND FOR JUNE OF $0.005 PER SHARE May 9, 2024 GEAR ENERGY LTD. ANNOUNCES APPOINTMENT OF SCOTT ROBINSON AS CHAIR OF BOARD OF DIRECTORS May 1, 2024 GEAR ENERGY LTD. ANNOUNCES RESULTS OF DIRECTORS VOTE May 1, 2024 GEAR ENERGY LTD. ANNOUNCES FIRST QUARTER 2024 OPERATING RESULTS April 22, 2024 GEAR ENERGY LTD. REMINDS SHAREHOLDERS OF UPCOMING SHAREHOLDER MEETING AND ADVISES OF UNANIMOUS SUPPORT FROM TWO LEADING INDEPENDENT PROXY ADVISORS April 1, 2024 GEAR ENERGY LTD. CONFIRMS MONTHLY DIVIDEND FOR APRIL OF $0.005 PER SHARE March 19, 2024 GEAR ENERGY LTD. ANNOUNCES FEBRUARY MONTHLY UPDATE TO SHAREHOLDERS March 6, 2024 GEAR ENERGY LTD. ANNOUNCES CEO RETIREMENT AND APPOINTMENT OF NEW CEO March 4, 2024 GEAR ENERGY LTD. CONFIRMS MONTHLY DIVIDEND FOR MARCH OF $0.005 PER SHARE February 23, 2024 GEAR ENERGY LTD. ANNOUNCES JANUARY MONTHLY UPDATE TO SHAREHOLDERS February 21, 2024 GEAR ENERGY LTD. ANNOUNCES FOURTH QUARTER 2023 OPERATING RESULTS AND YEAR-END RESERVES SUMMARY AND THE FILING OF A NORMAL COURSE ISSUER BID February 6, 2024 GEAR ENERGY LTD. ANNOUNCES COMPLETION OF THE STRATEGIC REPOSITIONING PROCESS AND INTENTION TO COMMENCE NORMAL COURSE ISSUER BID February 1, 2024 GEAR ENERGY LTD. CONFIRMS MONTHLY DIVIDEND FOR FEBRUARY OF $0.005 PER SHARE January 17, 2024 GEAR ENERGY LTD. ANNOUNCES DECEMBER MONTHLY UPDATE TO SHAREHOLDERS January 2, 2024 GEAR ENERGY LTD. CONFIRMS MONTHLY DIVIDEND FOR JANUARY OF $0.005 PER SHARE December 14, 2023 GEAR ENERGY LTD. ANNOUNCES NOVEMBER MONTHLY UPDATE TO SHAREHOLDERS December 1, 2023 GEAR ENERGY LTD. CONFIRMS MONTHLY DIVIDEND FOR DECEMBER OF $0.005 PER SHARE November 23, 2023 GEAR ENERGY LTD. ANNOUNCES OCTOBER MONTHLY UPDATE TO SHAREHOLDERS November 9, 2023 GEAR ENERGY LTD. ANNOUNCES THIRD QUARTER 2023 OPERATING RESULTS AND 2024 BUDGET GUIDANCE November 1, 2023 GEAR ENERGY LTD. CONFIRMS MONTHLY DIVIDEND FOR NOVEMBER OF $0.005 PER SHARE October 24, 2023 GEAR ENERGY LTD. ANNOUNCES SEPTEMBER MONTHLY UPDATE TO SHAREHOLDERS October 2, 2023 GEAR ENERGY LTD. CONFIRMS MONTHLY DIVIDEND FOR OCTOBER OF $0.005 PER SHARE September 27, 2023 GEAR ENERGY LTD. ANNOUNCES INITIATION OF A STRATEGIC REPOSITIONING PROCESS AND AN OPERATIONAL UPDATE September 21, 2023 GEAR ENERGY LTD. ANNOUNCES AUGUST MONTHLY UPDATE TO SHAREHOLDERS September 1, 2023 GEAR ENERGY LTD. CONFIRMS MONTHLY DIVIDEND FOR SEPTEMBER OF $0.005 PER SHARE August 21, 2023 GEAR ENERGY LTD. ANNOUNCES JULY MONTHLY UPDATE TO SHAREHOLDERS July 26, 2023 GEAR ENERGY LTD. ANNOUNCES SECOND QUARTER 2023 OPERATING RESULTS AND AUGUST MONTHLY DIVIDEND OF $0.005 PER SHARE July 18, 2023 GEAR ENERGY LTD. ANNOUNCES JUNE MONTHLY UPDATE TO SHAREHOLDERS July 4, 2023 GEAR ENERGY LTD. CONFIRMS MONTHLY DIVIDEND FOR JULY OF $0.01 PER SHARE June 21, 2023 GEAR ENERGY LTD. ANNOUNCES MAY MONTHLY UPDATE TO SHAREHOLDERS June 1, 2023 GEAR ENERGY LTD. CONFIRMS MONTHLY DIVIDEND FOR JUNE OF $0.01 PER SHARE AND ANNOUNCES CREDIT FACILITY INCREASE May 17, 2023 GEAR ENERGY LTD. ANNOUNCES APRIL MONTHLY UPDATE TO SHAREHOLDERS May 3, 2023 GEAR ENERGY LTD. ANNOUNCES FIRST QUARTER 2023 OPERATING RESULTS May 1, 2023 GEAR ENERGY LTD. CONFIRMS MONTHLY DIVIDEND FOR MAY OF $0.01 PER SHARE April 20, 2023 GEAR ENERGY LTD. ANNOUNCES MARCH MONTHLY UPDATE TO SHAREHOLDERS April 3, 2023 GEAR ENERGY LTD. CONFIRMS MONTHLY DIVIDEND FOR APRIL OF $0.01 PER SHARE March 20, 2023 GEAR ENERGY LTD. ANNOUNCES FEBRUARY MONTHLY UPDATE TO SHAREHOLDERS March 1, 2023 GEAR ENERGY LTD. CONFIRMS MONTHLY DIVIDEND FOR MARCH OF $0.01 PER SHARE February 24, 2023 GEAR ENERGY LTD. ANNOUNCES JANUARY MONTHLY UPDATE TO SHAREHOLDERS February 22, 2023 GEAR ENERGY LTD. ANNOUNCES FOURTH QUARTER 2022 OPERATING RESULTS AND YEAR-END RESERVES SUMMARY February 1, 2023 GEAR ENERGY LTD. CONFIRMS MONTHLY DIVIDEND FOR FEBRUARY OF $0.01 PER SHARE January 17, 2023 GEAR ENERGY LTD. ANNOUNCES DECEMBER MONTHLY UPDATE TO SHAREHOLDERS January 3, 2023 GEAR ENERGY LTD. CONFIRMS MONTHLY DIVIDEND FOR JANUARY OF $0.01 PER SHARE December 19, 2022 GEAR ENERGY LTD. ANNOUNCES NOVEMBER MONTHLY UPDATE TO SHAREHOLDERS December 1, 2022 GEAR ENERGY LTD. CONFIRMS MONTHLY DIVIDEND FOR DECEMBER OF $0.01 PER SHARE November 22, 2022 GEAR ENERGY LTD. ANNOUNCES OCTOBER MONTHLY UPDATE TO SHAREHOLDERS November 2, 2022 GEAR ENERGY LTD. ANNOUNCES THIRD QUARTER 2022 OPERATING RESULTS AND 2023 BUDGET GUIDANCE November 1, 2022 GEAR ENERGY LTD. CONFIRMS MONTHLY DIVIDEND FOR NOVEMBER OF $0.01 PER SHARE October 19, 2022 GEAR ENERGY LTD. ANNOUNCES SEPTEMBER MONTHLY UPDATE TO SHAREHOLDERS October 3, 2022 GEAR ENERGY LTD. CONFIRMS MONTHLY DIVIDEND FOR OCTOBER OF $0.01 PER SHARE September 20, 2022 GEAR ENERGY LTD. ANNOUNCES AUGUST MONTHLY UPDATE TO SHAREHOLDERS September 1, 2022 GEAR ENERGY LTD. CONFIRMS MONTHLY DIVIDEND FOR SEPTEMBER OF $0.01 PER SHARE August 24, 2022 GEAR ENERGY LTD. ANNOUNCES JULY MONTHLY UPDATE TO SHAREHOLDERS July 27, 2022 GEAR ENERGY LTD. ANNOUNCES SECOND QUARTER 2022 OPERATING RESULTS July 18, 2022 GEAR ENERGY LTD. ANNOUNCES JUNE MONTHLY UPDATE TO SHAREHOLDERS June 17, 2022 GEAR ENERGY LTD. ANNOUNCES MAY MONTHLY UPDATE TO SHAREHOLDERS June 5, 2022 GEAR ENERGY LTD. PROVIDES CLARIFICATION ON APPLICATION TO TRANSFER CERTAIN NON-CORE HEAVY OIL ASSETS May 17, 2022 GEAR ENERGY LTD. ANNOUNCES APRIL MONTHLY UPDATE TO SHAREHOLDERS May 4, 2022 GEAR ENERGY LTD. ANNOUNCES FIRST QUARTER 2022 OPERATING RESULTS, ZERO NET DEBT, THE IMPLEMENTATION OF A VARIABLE DIVIDEND PLAN, THE FILING OF A NORMAL COURSE ISSUER BID, AND AN EXPANDED 2022 CAPITAL PROGRAM April 21, 2022 GEAR ENERGY LTD. ANNOUNCES MARCH MONTHLY UPDATE TO SHAREHOLDERS March 18, 2022 GEAR ENERGY LTD. ANNOUNCES FEBRUARY MONTHLY UPDATE TO SHAREHOLDERS February 25, 2022 GEAR ENERGY LTD. ANNOUNCES JANUARY MONTHLY UPDATE TO SHAREHOLDERS February 16, 2022 GEAR ENERGY LTD. ANNOUNCES FOURTH QUARTER 2021 OPERATING RESULTS AND YEAR-END RESERVES SUMMARY January 20, 2022 GEAR ENERGY LTD. ANNOUNCES DECEMBER MONTHLY UPDATE TO SHAREHOLDERS December 17, 2021 GEAR ENERGY LTD. ANNOUNCES NOVEMBER MONTHLY UPDATE TO SHAREHOLDERS November 17, 2021 GEAR ENERGY LTD. ANNOUNCES OCTOBER MONTHLY UPDATE TO SHAREHOLDERS November 3, 2021 GEAR ENERGY LTD. ANNOUNCES THIRD QUARTER 2021 OPERATING RESULTS AND 2022 BUDGET GUIDANCE October 19, 2021 GEAR ENERGY LTD. ANNOUNCES SEPTEMBER MONTHLY UPDATE TO SHAREHOLDERS September 21, 2021 GEAR ENERGY LTD. ANNOUNCES AUGUST MONTHLY UPDATE TO SHAREHOLDERS August 19, 2021 GEAR ENERGY LTD. ANNOUNCES JULY MONTHLY UPDATE TO SHAREHOLDERS July 29, 2021 GEAR ENERGY LTD. ANNOUNCES SECOND QUARTER 2021 OPERATING RESULTS July 22, 2021 GEAR ENERGY LTD. ANNOUNCES COMMENCEMENT OF TRADING ON OTCQX July 19, 2021 GEAR ENERGY LTD. ANNOUNCES JUNE MONTHLY UPDATE TO SHAREHOLDERS June 23, 2021 GEAR ENERGY LTD. ANNOUNCES SUCCESSFUL COMPLETION OF ANNUAL BORROWING BASE REDETERMINATION AND MAY UPDATE TO SHAREHOLDERS May 27, 2021 GEAR ENERGY LTD. ANNOUNCES EXTENSION OF BORROWING BASE REDETERMINATION May 19, 2021 GEAR ENERGY LTD. ANNOUNCES APRIL MONTHLY UPDATE TO SHAREHOLDERS May 5, 2021 GEAR ENERGY LTD. ANNOUNCES RESULTS OF DIRECTORS VOTE May 5, 2021 GEAR ENERGY LTD. ANNOUNCES FIRST QUARTER 2021 OPERATING RESULTS April 20, 2021 GEAR ENERGY LTD. ANNOUNCES MARKET PRICE TO BE USED FOR ISSUANCE OF COMMON SHARES ON REDEMPTION OF DEBENTURES April 16, 2021 GEAR ENERGY LTD. ANNOUNCES MARCH MONTHLY UPDATE TO SHAREHOLDERS March 23, 2021 GEAR ENERGY LTD. ANNOUNCES MAJORITY REDEMPTION OF DEBENTURES March 16, 2021 GEAR ENERGY LTD. ANNOUNCES NOTICE OF REDEMPTION OF DEBENTURES February 25, 2021 GEAR ENERGY LTD. ANNOUNCES ENHANCED DISCLOSURE AND NEW PROCESS FOR MONTHLY UPDATE TO SHAREHOLDERS February 17, 2021 GEAR ENERGY LTD. ANNOUNCES FOURTH QUARTER OPERATING RESULTS AND YEAR-END RESERVES SUMMARY December 17, 2020 GEAR ENERGY LTD. PROVIDES 2021 BUDGET GUIDANCE, UPDATE TO CREDIT FACILITIES AND CONCLUSION OF STRATEGIC ALTERNATIVES PROCESS December 16, 2020 GEAR ENERGY LTD. ANNOUNCES SHAREHOLDER APPROVAL FOR AMENDMENTS TO CONVERTIBLE DEBENTURES November 30, 2020 GEAR ENERGY LTD. ANNOUNCES EXTENSION OF BORROWING BASE REDETERMINATION TO DECEMBER 18, 2020 November 4, 2020 GEAR ENERGY LTD. ANNOUNCES THIRD QUARTER 2020 OPERATING RESULTS October 27, 2020 GEAR ENERGY LTD. ANNOUNCES PROPOSED AMENDMENTS OF CONVERTIBLE DEBENTURES August 31, 2020 GEAR ENERGY LTD. ANNOUNCES COMPLETION OF AUGUST 31, 2020 REDETERMINATION OF CREDIT FACILITIES August 5, 2020 GEAR ENERGY LTD. ANNOUNCES SECOND QUARTER 2020 OPERATING RESULTS July 10, 2020 GEAR ENERGY LTD. ANNOUNCES COMPLETION OF BORROWING BASE REDETERMINATION June 30, 2020 GEAR ENERGY LTD. ANNOUNCES OPERATIONAL UPDATE, GUIDANCE FOR 2020 AND EXTENSION OF BORROWING BASE REDETERMINATION May 27, 2020 GEAR ENERGY LTD. ANNOUNCES EXTENSION OF BORROWING BASE REDETERMINATION May 6, 2020 GEAR ENERGY LTD. ANNOUNCES RESULTS OF DIRECTORS VOTE May 6, 2020 GEAR ENERGY LTD. ANNOUNCES FIRST QUARTER 2020 OPERATING RESULTS April 22, 2020 GEAR ENERGY LTD. ANNOUNCES CHANGE OF LOCATION FOR ANNUAL MEETING OF SHAREHOLDERS April 16, 2020 GEAR ENERGY LTD. PROVIDES REVISED OUTLOOK FOR THE SECOND QUARTER March 11, 2020 GEAR ENERGY LTD. PROVIDES REVISED 2020 GUIDANCE AND OPERATIONAL UPDATE February 20, 2020 GEAR ENERGY LTD. ANNOUNCES 2019 YEAR-END RESERVES February 20, 2020 GEAR ENERGY LTD. ANNOUNCES FOURTH QUARTER 2019 OPERATING RESULTS