<span item_type="fundamental" item_id="292e699ec4273a907723ff15d430516a" counter_id="ST/US/MXC" env="prod"></span><span item_type="announcement" item_id="582082025924395777" env="prod"></span><p>notice_summary_saf.revenue.</p><p>notice_summary_saf.eps.</p><p></p><h3>Net Income</h3><ul><li>Net income for the six months ending September 30, 2025, was $565,457, or $0.27 per diluted share.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/66418/000149315225021979/ex99-1.htm"></span></li><li>For the second quarter of fiscal 2026, net income was $323,506, or $0.16 per diluted share, compared to $317,198, or $0.15 per diluted share for the comparable quarter ending September 30, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/66418/000149315225021979/ex99-1.htm"></span></li></ul><h3>Operating Revenues</h3><ul><li>Operating revenues for the first six months of fiscal 2026 were $3,548,919, marking a 2% increase compared to the first six months of fiscal 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/66418/000149315225021979/ex99-1.htm"></span></li><li>Operating revenues in the second quarter of fiscal 2026 were $1,734,743.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/66418/000149315225021979/ex99-1.htm"></span></li></ul><h3>Revenue Composition</h3><ul><li>Oil contributed 76% of the operating revenues for the first six months of fiscal 2026.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/66418/000149315225021979/ex99-1.htm"></span></li></ul><h3>Outlook / Guidance</h3><ul><li>The company plans to participate in the drilling and completion of 46 horizontal wells and 1 vertical well at an estimated aggregate cost of approximately $1.0 million for the fiscal year ending March 31, 2026, with $300,000 already expended.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/66418/000149315225021979/ex99-1.htm"></span></li><li>Approximately $450,000 has been spent on royalty and mineral interest acquisitions in 63 producing wells with additional potential development in various counties.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/66418/000149315225021979/ex99-1.htm"></span></li></ul>

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