Prospera Energy Inc. announce the appointment of the following officers: Robert "Rob" R. Richardson, P. Eng., MEB - Chief Executive Officer. Mr. Richardson brings over 25 years of experience in the oil and gas business to Prospera. He was instrumental as a consultant to Prospera in identifying and analyzing the Cuthbert, Luseland and Hearts Hill assets acquired by the Corporation in early 2018.

Mr. Richardson has an extensive engineering and management background in all aspects of upstream oil and gas operation in both domestic and international settings. He has a significant proven history of growing production, reserves and cash flow through multiple techniques including the development and implementation of multiple EOR projects. He has prior experience with a number of companies including Canadian Natural Resources Ltd., Petrobank Energy Reserves Limited, Palliser Oil and Gas Corp., and most recently with Maha Energy Inc. Sarshar Ahmad, MSc.

Petroleum Geology/Structure - President and Chief Operating Officer. Mr. Ahmad has served as a consultant to the Corporation and then interim President following the passing of Mr. Burkhard Franz. Mr. Ahmad has over 20 years of experience in the upstream oil and gas industry, including experience in acquisitions, exploration and development in both domestic and internationals settings.

He has worked for Canadian Natural Resources Ltd. for over seventeen years and has a significant history of improved production enhancements including EOR implementation.