(via TheNewswire)

July 16, 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 Michael Simpson to its Board of Directors. The appointment is subject to customary exchange approval and regulatory requirements.

Mason Granger, CEO & Director commented, “Michael brings a rare combination of public sector leadership, private sector operating experience, and deep expertise in government relations that is directly relevant to Oregen’s stage of development. His work across the energy transition, indigenous affairs, and regulatory strategy – including at the highest levels of the Alberta government – makes him an excellent addition to our board as we advance our Namibian assets and deepen our engagement with stakeholders.”

Mr. Simpson added, “Oregen has a truly compelling asset base in one of the world’s most exciting emerging petroleum jurisdictions, and the strategy of securing a major partner to advance the project is the right one. I look forward to contributing my experience in government relations, regulatory affairs, and energy strategy to help the Company navigate the path ahead and deliver value for shareholders.”

Mr. Simpson is a seasoned executive and advocate with over 25 years of experience in public relations, regulatory strategy, and market development. As Principal of SCG, he provides specialized advisory support to domestic and international companies across government and investor relations, regulatory affairs, indigenous affairs, and clean-technology project execution. He is the co-founder of AugurWell AI, a proprietary platform combining advanced wellbore data mining with predictive regulatory and political risk assessment. Mr. Simpson also serves as an Independent Board Member of Abound Energy (CSE: ABND). His regulatory expertise is grounded in senior public sector leadership, including serving as Assistant Deputy Minister within the Alberta Department of Energy and as Chief Operating Officer of the Canadian Energy Centre, complemented by private sector experience at Canadian Natural Resources Limited and Devon Energy Canada.

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.

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