Lumira Energy Limited Reports Earnings Results for the Half Year Ended December 31, 2022

Lumira Energy Limited, formerly Hawkley Oil and Gas Limited, is an Australia-based oil and gas company. The Company is engaged in the oil and gas exploration in Ukraine. The Company has focused on selling its Ukraine assets and seek out other investment opportunities. It owns and operates an exploration license (Chernetska) and a gas plant located near the Sorochynska license. The Chernetska License is located approximately 300 kilometers north east of Kiev in the Talalayvskiy district of the Chernigiv region of Ukraine, over two kilometers to the southeast of the village of Chernetska, in the northwestern part of the Dnieper-Donets Basin. The Chernetska project license 2982, which is 100% owned covers an area of approximately 56.3 square kilometers. There are over three prospective horizons (B20, B21/22 and B24/25) in the Visean sandstones and limestones of the Lower Carboniferous. The Company's gas plant has the capacity to process 11 million cubic feet per day.