New Zealand Energy Corp. Announces Strong Initial Production Test Results from Two Tariki Wells

Vancouver, British Columbia--(Newsfile Corp. - May 4, 2026) - New Zealand Energy Corp. (TSXV: NZ) ("NZEC" or the "Company") is pleased to announce strong initial production results from both its Tariki 1A well and its Tariki 5A well, located in the onshore Taranaki Basin, New Zealand. The Tariki 1A well delivered a stabilized flow rate of approximately 3 mmcf/d over a 96-hour period and continues to flow natural gas.