Calgary, Alberta--(Newsfile Corp. - August 11, 2026) - Lycos Energy Inc. (TSXV: LCX) ("Lycos" or the "Company") is pleased to announce its operating and financial results for the three and six months ended June 30, 2026. The 01-32 pad continues to perform in line with expectations, with current aggregate oil production greater than 900 bbl/d. Throughout this press release, "crude oil" or "oil" include light crude oil, medium crude oil, heavy oil and tight oil combined. Non-IFRS Measures, Non-IFRS Financial Ratios and Capital Management MeasuresThis press release includes various specified financial measures, including non-IFRS financial measures, non-IFRS financial ratios and capital management measures as further described herein. Adjusted working capital (Net Debt) is a capital management measure which management uses to assess the Company's liquidity.