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New Stratus Energy Announces Tax Credit Refund and Provides Working Capital Update

Calgary, Alberta (Newsfile Corp. - July 12, 2023) - New Stratus Energy Inc. (TSXV: NSE) ("New Stratus" or the "Corporation") announces that during the period of negotiations between Petrolia S.A. ("Petrolia"), a wholly-owned subsidiary of New Stratus, and the Government of Ecuador, specifically the Ministry of Energy and Mines ("MEM"), because of the Notice of Controversy submitted by Petrolia in November 2022 in accordance with Clause 33 of the Petroleum Contracts for Blocks 16 and . ....

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