Beacon Energy provides an update on the drilling operations of the Schwarzbach-2(2.) well in Germany. The well is currently being drilled in the deviated mechanical sidetrack and is expected to reach total depth (TD) in the coming days. The primary objectives of the well are to test the reservoir targets and complete it as a producer as part of the development of the Stockstadt Mitte segment of the Erfelden field. Further updates on the progress of the well will be provided as appropriate.