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 13 June 2024, the Company has now commenced a work program that includes reconfiguring existing storage capacity, installing its 550-barrel capacity mixing tank and additional separation and heating equipment to increase the processing capacity and efficiency of its facility in Wilson, Oklahoma. Production has been temporarily suspended from 8 June 2024 to allow for the repositioning of certain equipment and cleaning of the facilities. Production is expected to be re-initiated the week of 15 July 2024.

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. * - Based on one week of production, representing an estimated normalized monthly production figure of c. 1,470 bbls

No distributions were made for the month of June 2024 due to the need to reinvest in the work program currently in progress. Additionally, no distributions are expected for the month of July 2024 due to the minimal sales resulting from suspension of production from 8 June 2024. To date, the Company has received cumulative cash distributions from JKT of US$35,000 and expects distributions to be re-initiated following completion of the work program and re-initiation of production at the facility.

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.

Commenting on the monthly JKT operations update Stefan Olivier, CEO, stated: "We look forward to completion of the work program and achieving our targeted levels of 3,500 to 4,000 barrels per month of production and significantly higher cash flow and distributions that the upgrade of the facilities is expected to deliver."

About JKT Reclamation LLC