JKT Reclamation Facility Operations Update

ADM Energy PLC (AIM: ADME; BER and FSE: P4JC), a natural resource investing company, is pleased to provide the following update with respect to operations of JKT Reclamation, LLC ("JKT"), the revenue and cash flow generating oil reclamation business in which the Company owns a 30.6% economic interest.

Further to the announcement on 23 May 2024, the Company has now taken delivery of its 550-barrel capacity mixing tank and the two new pumps, which will be installed at the site imminently. JKT has initiated a work program that includes reconfiguring existing storage capacity, installing the new equipment and other projects designed to improve the processing capacity and efficiency of its facility in Wilson, Oklahoma.

Table 1.0 highlights the gross barrels of oil produced at the facility from the first month of operations, February 2024.

Table 1.0. Summary of JKT produced oil volumes.

JKT continues to evaluate properties for a second reclamation facility in the State of Texas. Further details regarding the second reclamation facility will be provided in due course.

ADM is further pleased to announce that it has received a cash distribution from JKT in the amount of US$14,000.00 in May 2024 for production during April 2024. The Company expects cash distribution levels to grow with production in the coming months. The Company will receive 42.0% of cash distributions until it has received US$356,250.00 and 30.6% thereafter

Commenting on the monthly JKT operations update Stefan Olivier, CEO, stated: "We are pleased by the initiation of the work program at the Wilson, Oklahoma facility and the expected increase in production and cash flow we expect the upgrade to drive upon completion. The stable cash flow that this business is capable of generating fits ADM's strategy and the Board is interested in participating in a second reclamation facility in the State of Texas."

About JKT Reclamation LLC