Kupe KS-9 Commissioning Update

Genesis Energy advises that well commissioning activities at Kupe remain ongoing and are expected to continue through April. These activities include a wireline intervention campaign to seek to diagnose and remediate lower than expected daily production levels. Through the commissioning period, daily production levels from Kupe are expected to be approximately consistent with current production levels of 47TJ/day. The long term impact of the well on overall daily production levels from Kupe will not be known until all existing commissioning activities are concluded and data analysis has been completed. As previously stated, reserves assessments are underway, with conclusions of a full review expected in June 2024. ENDS For investor relations enquiries, please contact: Tim McSweeney GM Investor Relations & Market Risk M: 027 200 5548 For media enquiries, please contact: Chris Mirams GM Communications and Media M: 027 246 1221 End CA:00429135 For:GNE Type:GENERAL Time:2024-04-05 10:15:35