• Meren Energy aims to focus its portfolio on the Orange Basin, with investee Impact concentrating on Namibian development and exploration.
• The TotalEnergies-operated joint venture is working toward a final investment decision on Venus; Meren's effective interest remains unchanged.
• Divesting Impact's South African exploration assets eliminates associated management costs, with the focused structure expected to support clearer capital allocation.
• Impact retains a 9.5% participating interest in each of Namibia's Blocks 2912 and 2913B, which contain Venus.

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. Meren Energy Inc. published the original content used to generate this news brief via Cision (Ref. ID: 20261111:BIT:8103:0) on November 12, 2026, and is solely responsible for the information contained therein.