June 17, 2026 ROBINSON ENERGY LIMITED COMPLETES REVERSE TAKEOVER TRANSACTION OF COBRA VENTURE CORPORATION Vancouver, British Columbia, June 17, 2026, Newsfile Corp. - Robinson Energy Limited, formerly Cobra Venture Corporation, the “Corporation”, is pleased to announce that the Corporation has completed its previously announced “Reverse Takeover”, as such term is defined by the Exchange Policy 5.2 - Changes of Business and Reverse Takeovers, the “Transaction”, involving Cobra Venture Corporation, “Cobra”, and Robinson Energy Limited, “Robinson”, pursuant to an amalgamation agreement dated March 17, 2026, the “Amalgamation Agreement”, among Cobra, Robinson, and a subsidiary of Robinson, “Subco”. Pursuant to the Amalgamation Agreement, the Corporation acquired all of the issued and outstanding shares of Robinson, the “Robinson Shares”, by means of a “three cornered amalgamation”, the “Amalgamation”, whereby Subco and Robinson amalgamated to form Robinson Energy Canada Ltd. which continues as a wholly-owned subsidiary of the Corporation. As part of the Transaction, the Corporation has changed its name to “Robinson Energy Limited”, and consolidated its shares on a 10:1 basis, the “Consolidation”. No fractional securities were issued as a result of the Consolidation. The new CUSIP number for the post-Consolidation shares, the “Resulting Issuer Shares”, will be 770767101 and the new ISIN will be CA7707671011. Holders of Robinson Shares received Resulting Issuer Shares in exchange for their Robinson Shares at an exchange ratio of 1.7947 Resulting Issuer Share per Robinson Share, subject to adjustments in accordance with the Amalgamation Agreement. Pursuant to the Amalgamation, the Corporation issued an aggregate of 14,796,887 Resulting Issuer Shares to former Robinson shareholders at a deemed price of $2.00 per Resulting Issuer Share. There will be 16,617,762 Resulting Issuer Shares issued and outstanding upon listing. Trading of the Resulting Issuer Shares remains halted, and subject to final TSX Venture Exchange, “Exchange”, approval of the Transaction which will occur upon issuance of a final bulletin in respect of the Transaction by the Exchange which is expected on or about June 18, 2026. Subject to the issuance of the final bulletin, it is anticipated that trading in the Resulting Issuer Shares will commence on the Exchange under the symbol “ROB” on June 22, 2026. The Corporation will continue the business of Robinson, and intends to remain listed as a Tier 2 Oil and Gas Issuer on the Exchange, subject to final Exchange approval. The head office of the Corporation is located at Suite 800, 205 5th Ave SW, Calgary, AB T2P 2V7 and the registered office is located at 421 7 Ave SW, Suite 4000, Calgary, AB T2P 4K9. Escrow and Resale As part of the Transaction: The Corporation entered into an escrow agreement with Computershare Trust Company of Canada and certain insiders of the Corporation providing for the escrow of an aggregate of 4,421,542 Resulting Issuer Shares, to be released on a Tier 2 escrow release schedule in accordance with Exchange Policy 5.4 - Capital Structure, Escrow and Resale Restriction, “Policy 5.4”; and An aggregate of 6,540,685 Resulting Issuer Shares will be subject to Seed Share Resale Restrictions in accordance with Policy 5.4, with 20% released on each of the date of the final Exchange bulletin and the dates that are 3, 6, 9, and 12 months thereafter. Adoption of Stock Option Plan In connection with the closing of the Transaction, the Corporation intends to adopt the option plan of Robinson, the “Option Plan”, subject to final acceptance of the Exchange. The Option Plan permits the grant of stock options to directors, officers, employees, consultants and other eligible participants of the Corporation. The Corporation has granted 1,067,985 stock options, “Resulting Issuer Options”, under the Option Plan at an exercise price of $2.00 per Resulting Issuer Share to certain directors, officers, employees and consultants as of the date hereof. The Resulting Issuer Options will vest at 8.333% at the end of each financial quarter following the date of grant, and will expire 4 years from the date of grant. Board of Directors and Management The board of directors of the Corporation is comprised of J. Cameron Bailey, John R. King, R. Bradley Hurtubise, and Randolph M. Charron. Management will consist of J. Cameron Bailey as President & Chief Executive Officer, “CEO”, Neil Bothwell as Chief Financial Officer, Pradeep Bhatnagar as Vice-President, Exploration, and Jack Schroder has been appointed as Corporate Secretary. Appointment of Auditors Concurrent with the closing of the Transaction, MNP LLP was appointed auditor of the Corporation. In connection with the Transaction the Corporation has changed its financial year end to September 30, being Robinson’s current year end. Oil and Gas Asset Disposition Pursuant to the Amalgamation Agreement and the receipt of disinterested shareholder approval via ordinary resolution, the Corporation completed the disposition of its 14.665% working interest in 4 initial test wells located in Gull Lake, Saskatchewan, the “Oil and Gas Asset Sale”, for aggregate proceeds of $275,000. The Oil and Gas Asset Sale is more particularly described in the oil and gas asset sale agreement, the “Oil and Gas Asset Sale Agreement”, between the Corporation and 2788570 Alberta Ltd., as further described in the Oil and Gas Asset Sale Agreement appended to, and described within, the joint management information circular of Cobra and Robinson dated May 14, 2026. Early Warning Disclosure Upon the completion of the Transaction, J. Cameron Bailey, President, CEO and Director of the Corporation, holds, directly or indirectly, or exercises control or direction over an aggregate of 3,589,400 Resulting Issuer Shares, and stock options to acquire 332,355 Resulting Issuer Shares, representing approximately 21.60% of the issued and outstanding Resulting Issuer Shares on a non-diluted basis, and approximately 23.14% on a partially-diluted basis, assuming the exercise of Mr. Bailey’s Resulting Issuer Options only. Prior to the completion of the Transaction, Mr. Bailey did not beneficially own, or exercise control or direction over, any securities of the Corporation. Mr. Bailey acquired these securities for investment purposes and may, from time to time, acquire additional securities of the Corporation or dispose of such securities as he may deem appropriate. For the purposes of National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, “NI 62-103”, early warning reporting, the address of Mr. Bailey is 800, 205 5th Avenue SW, Calgary, AB T2P 2V7. Upon the completion of the Transaction, Anubhav Yadav, holds, directly or indirectly, or exercises control or direction over an aggregate of 2,153,640 Resulting Issuer Shares, representing 12.96% of the issued and outstanding Resulting Issuer Shares on a non-diluted basis. Prior to the completion of the Transaction, Mr. Yadav did not beneficially own, or exercise control or direction over, any securities of the Corporation. Mr. Yadav acquired these securities for investment purposes and may, from time to time, acquire additional securities of the Corporation or dispose of such securities as he may deem appropriate. For the purposes of NI 62-103 early warning reporting, the address of Mr. Yadav is 14 The Avenue North Sydney 2060, NSW, Australia. Further Information Further details regarding the Transaction are contained in the joint management information circular of Cobra and Robinson dated May 14, 2026, filed under the Corporation’s profile on SEDAR+. The Exchange has in no way passed upon the merits of the Transaction and has neither approved nor disapproved the contents of this news release. Yours sincerely, J. Cameron Bailey President & Chief Executive Officer Robinson Energy Limited www.robinson-energy.com

May 19, 2026 Dear Shareholders, We are writing to provide shareholders with a brief corporate update regarding the proposed reverse takeover transaction with Cobra Venture Corporation and recent investor materials prepared in connection with Robinson Energy’s Western Region strategy in Papua New Guinea. Shareholder Meeting Date Change Due to the timing associated with completion of the TSX Venture Exchange review process and the finalization of mailing materials, the date of the shareholder meeting relating to the proposed reverse takeover transaction with Cobra Venture Corporation has been changed from June 5, 2026 to June 12, 2026. The Company currently expects the joint management information circular and related meeting materials to be mailed shortly. Subject to shareholder approval and receipt of final regulatory approvals, Robinson Energy expects the combined entity to commence trading on the TSX Venture Exchange shortly thereafter. Seawolf Research Report Attached to this update is a recently prepared independent research report by Seawolf Research outlining Robinson Energy’s strategic positioning within the global LNG market and the Company’s development plans in Papua New Guinea. The report highlights several key themes, including: • Robinson Energy’s position within the Western Region gas aggregation initiative; • The strategic importance of PRL 62 and surrounding licences; • Growing long-term LNG demand across Asia-Pacific markets; • Increasing global electricity demand associated with AI infrastructure and electrification trends; and • Robinson Energy’s exposure to geographically secure, Asia-adjacent LNG supply. The report also discusses the broader macro environment for LNG markets, infrastructure development, and long-cycle natural gas demand growth. The Seawolf Research report is available on Robinson Energy’s website at www.robinson-energy.com. Valuation Context The Seawolf Research report also discusses the broader strategic valuation framework for Papua New Guinea contingent gas resources and highlights historical transaction benchmarks within the PNG LNG sector. In particular, the report references the historical ExxonMobil and Total transactions involving InterOil’s Elk/Antelope discoveries, which established important precedent valuation metrics for certified contingent gas resources in Papua New Guinea prior to final development sanction. While PRL 62 is smaller in scale than Elk/Antelope and is expected to form part of a broader aggregated Western Region development strategy, Robinson Energy believes several characteristics of PRL 62 distinguish it as a strategically important asset within PNG’s emerging third LNG corridor, including: • Approximately 1.1–1.2 Tcf of independently evaluated contingent resources; • Proven liquids-rich Foreland Basin sandstone reservoirs; • Strategic relevance to Western Region aggregation infrastructure concepts; and • Direct proximity to Asia-Pacific LNG markets. The report notes that public market valuations for contingent gas resources have historically differed materially from strategic industrial buyer valuations, particularly where assets possess a credible pathway toward LNG commercialization and infrastructure integration. As government-led aggregation initiatives continue to advance in Papua New Guinea’s Western Region, Robinson Energy believes the strategic significance of PRL 62 and surrounding regional gas resources may become increasingly recognized within both public and industry valuation frameworks. Shareholders should note that the Seawolf Research report is currently being updated to incorporate additional market analysis, updated valuation comparisons, and recent regulatory developments associated with the National Petroleum Authority aggregation directive process in Papua New Guinea. An updated version of the report is expected to be released in due course. The Company believes the ongoing strengthening of LNG fundamentals, combined with the increasing strategic focus on Western Region gas aggregation by PNG authorities, continues to support Robinson Energy’s long-term positioning as a potential future participant in PNG’s next major LNG development corridor. We appreciate the continued support of our shareholders and look forward to providing further updates in the coming weeks as the transaction process advances. Yours sincerely, J. Cameron Bailey President & Chief Executive Officer Robinson Energy Limited www.robinson-energy.com

May 5, 2026 Dear Shareholders, In our letter of March 19, we set out the implications of the strikes on Qatar's Ras Laffan complex for global LNG markets and for Robinson Energy's strategic positioning. The seven weeks since have brought meaningful developments on the corporate, technical, regulatory, and macro fronts, and we wanted to update you on each. Corporate Update — RTO Transaction with Cobra Venture Corporation We are pleased to advise that the TSX Venture Exchange has committed to completing its review of the joint shareholder circular for the proposed reverse takeover (RTO) transaction with Cobra Venture Corporation. This timing allows for mail-out of the circular on May 18, 2026 and a shareholders' meeting on June 5, 2026. Subject to receipt of shareholder and final regulatory approvals, the shares of the combined entity will be listed for trading on the TSX Venture Exchange shortly thereafter. Completion of the RTO is an important milestone for Robinson Energy. It provides a public listing, broadens our access to capital markets, and equips the company with the corporate platform needed to advance the Western Region opportunity through the next phase of work contemplated by the NPA Direction described below. PRL 62 Resource Update As shareholders will recall from our January 6, 2026 Investor Update, Robinson Energy received an independent Competent Person's Report from Sproule ERCE on January 5, 2026, evaluating PRL 62's Contingent and Prospective Resources to NI 51-101 standard. The evaluation, supported by a comprehensive petrophysical re-evaluation by Cordax Evaluation Technologies, assigned PRL 62 approximately 1.2 Tcfe of 2C Contingent Resources, a 116% increase over the prior historical estimate of 553 Bcf carried by Talisman Energy in 2015. Sproule ERCE applied a 73% Chance of Development to the Contingent Resources, reflecting the advanced technical definition of the assets and the anticipated development pathway. In addition to the Contingent Resources, Sproule ERCE evaluated three identified, undrilled prospects within PRL 62: Platypus, Douglas North, and Langia North, each representing material upside that could significantly expand the resource base upon successful drilling and appraisal. We highlight this updated resource position here because it sits at the heart of the value case: the scale, certification, and development optionality of PRL 62 are precisely the attributes that distinguish Robinson Energy's contribution to the aggregated Western Region development now mandated by the NPA Direction. Global LNG Market Update A ceasefire between the United States and Iran was agreed on April 8 and has so far held. QatarEnergy has begun a phased restart at Ras Laffan, with two of the three trains at the Qatargas-1 (North) facility reactivated. The South site, where Trains 4 and 6 were destroyed, remains offline and is not expected to return to full operation before late August at the earliest. Wood Mackenzie now estimates the South site's nameplate capacity has been permanently reduced from 36 to 24 million tonnes per annum, with replacement gas turbines facing two-to-four-year lead times. The 12.8 Mtpa supply loss is now widely accepted as a multi-year structural reduction rather than a temporary outage. Hormuz transit remains constrained despite the ceasefire. Iran continues to apply a “friendly nations” approval list from which Qatar is excluded, and in early April two Qatari LNG tankers, the Rasheeda and Al Daayen, were forced to abort Hormuz crossings after failing to secure clearance. QatarEnergy has not lifted force majeure on its long-term contracts to China, South Korea, Italy, or Belgium. Spot prices have eased from the peak but remain structurally elevated. JKM spiked above US$21/MMBtu in late March before easing to approximately US$17/MMBtu in early May, still roughly 50% above year-ago levels, with forward curves through 2028 repricing higher. The relief in spot prices has come not from supply restoration but from demand response: Japanese utilities have switched marginal load back to coal, and Asian buyers have absorbed discounted Russian Arctic LNG 2 cargoes routed through intermediaries. These are outcomes that, in our view, underscore rather than alleviate the structural shortage of secure supply. PNG National Petroleum Authority Direction — April 14, 2026 The most material development for Robinson Energy in the period was the issuance, on April 14, 2026, of a formal Direction under Section 65 of the Oil and Gas Act 1998 by the Director of the National Petroleum Authority. The Direction requires the twelve named Petroleum Retention Licence holders in the Western and Gulf Provinces, Robinson Energy among them, to participate in a coordinated, aggregated development process led by the NPA. Specifically, the Direction mandates the establishment of a Joint Aggregation Working Group within 30 days, the sharing of all relevant petroleum data among licensees, and the submission of an Aggregated Development Report within 120 days. The NPA itself will issue an Aggregation Framework Guideline, a Data Sharing Protocol, and a Non-Disclosure Agreement within 30 days. This is the regulatory mechanism that converts a fragmented set of stranded fields into a single, scalable, pipeline-to-LNG development. It validates the strategic thesis we set out in March and accelerates the path to project maturity. Among the twelve named licence holders, Robinson Energy's PRL 62 is one of the most strategically significant, both for its resource position and for its location within the development corridor that any aggregated pipeline-to-LNG solution will need to traverse. Consistent with the aggregation strategy, we are in active discussions with several licence holders regarding the acquisition of additional interests within the Western and Gulf Provinces. We are engaging actively in the working group process and will keep shareholders informed as it progresses. Outlook As Robinson Energy moves toward a public listing on the TSX Venture Exchange in the coming weeks, we believe the company will trade against a backdrop that is materially more favourable than at any point since this strategy was first conceived. The structural shift in global LNG markets has revalued geographically secure, Asia-adjacent gas supply; the NPA Direction has converted the Western Region from a fragmented opportunity into a coordinated, government-backed development pathway; and Robinson Energy's PRL 62 sits squarely within that pathway. We will be among only a small number of publicly traded companies offering investors direct exposure to the Western Region aggregation, and the only one whose strategy is specifically designed to operate at this stage of project maturity. As liquidity develops in the combined entity post-listing, we expect the market to assess Robinson Energy not on the basis of the early-stage frontier-explorer comparables that have historically applied to PNG-focused juniors, but against a peer set of pre-FID gas developers leveraged to long-cycle Asian LNG demand. That repricing potential, combined with the company's continuing efforts to acquire additional licence interests within the aggregation, defines the value-creation opportunity ahead. As always, we welcome your engagement and questions, and we look forward to communicating with you as a publicly listed company in the weeks ahead. Yours sincerely, J. Cameron Bailey President and Chief Executive Officer Robinson Energy Limited www.robinson-energy.com

Dear Shareholders,  Recent geopolitical developments involving the escalation of conflict with Iran have had a profound and immediate impact on global energy markets particularly liquefied natural gas (LNG). While such events are inherently concerning from a global stability perspective, they are also reshaping the structural dynamics of energy supply in ways that are directly relevant to Robinson Energy’s strategy and asset positioning. As you may be aware, coordinated strikes and retaliatory actions in the Gulf region have materially disrupted LNG infrastructure, most notably in Qatar. Damage to liquefaction facilities at Ras Laffan has resulted in the loss of approximately 17% of Qatar’s LNG export capacity, with recovery timelines estimated at three to five years . Given that Qatar accounts for roughly 20% of global LNG supply , this represents a significant and sustained supply shock to the global gas market. Compounding this disruption is the vulnerability of the Strait of Hormuz, through which approximately 20% of global LNG trade transits . The current conflict has constrained shipping flows through this critical chokepoint, further tightening supply availability. Importantly, over 80% of LNG volumes moving through Hormuz are destined for Asian markets , making Asia the most exposed region to supply dislocation. This has resulted in a rapid repricing of LNG, with buyers—particularly in Asia—actively seeking diversified and geopolitically secure sources of supply . Market participants are increasingly recognizing that the global LNG system is heavily concentrated in a small number of assets and transit routes, creating structural vulnerabilities that are now being exposed in real time.

ROBINSON ENERGY LIMITED AND COBRA VENTURE CORPORATION ENTER INTO DEFINITIVE AGREEMENT FOR REVERSE TAKE OVER TRANSACTION