Compass Venture Inc T.CVI.A

CVI.a continues to Yemen Production

[GMJFAR]

CVI Calvalley Petroleum continues Yemen productionCalvalley Petroleum Inc. is providing an operational update regarding current production development activities on the company’s Malik block 9 which is approximately 350 kilometres east of Sana’a.During the current crisis, Calvalley has continued operations at all key production locations, including the company’s central production facility (CPF) at the Hiswah field.The company also continues to deliver blended crude oil from theHiswah and Ras Nowmah fields into the Masila export pipeline system (MEPS) through its newly operational truck off-loading facility (TOF).As well, Calvalley is proceeding with facilities upgrades at the CPF to improve water-handling capacity and to increase overall production throughput.This work priority is on schedule and is in anticipation of both increased production from the Hiswah field and increased blending of crude oil from the Ras Nowmah and Al-Roidhat fields.