Raise Production Inc. announces receiving a Notification of Allowance for its Mexican patent application.

Horizontal Artificial Recovery Technology (“HART”)

The Company is pleased to announce that it will be receiving the system and method patent from the Mexican Patent Office for its Horizontal Artificial Recovery Technology (“HART”). Raise received a Notification of Allowance for its Mexican patent application with the only remaining item being the payment of registration fees, which has now occurred.

The Mexican patent is in addition to the Canadian, United States, Australian, Russian and Chinese patents previously awarded. This will be the fifth international patent award in addition to the Canadian patent for the HART. The award of these international patents is validation of the uniqueness of the HART in respect to the method of multiple pumps deployed into horizontal wellbores. The Company expects the remaining four international patent applications to be approved in due course.