• Greenfire swung to a net loss of C$ 73 million, while oil sales rose to C$ 147,313.
• Adjusted funds flow fell to C$ 24.54 million, while adjusted free cash flow widened to a deficit of C$ 25.05 million.
• Bitumen production slipped to 14,719 bbls/d; Expansion Asset output averaged 8,766 bbls/d, down 11% from prior quarter due to late-life declines and unplanned downtime tied to a highly productive well that was later redrilled and returned in March.
• Capital expenditures totaled C$ 49.59 million, mainly for Pad 7 development and a larger oil sands exploration well program that delivered results supporting future development plans.
• 2026 capital budget increased to C$ 210 million from C$ 180 million as Pad 8 drilling was accelerated by about five months, while production guidance was maintained at 13,500-15,500 bbls/d.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Greenfire Resources Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 202605051926NEWSFILECNPR____20260505_296119_1) on May 05, 2026, and is solely responsible for the information contained therein.