BKV Corporation Launches Eagle Ford Carbon Capture Facility

BKV Corporation announced the start-up of its Eagle Ford carbon capture and sequestration facility. The milestone reflects the Company's continued execution of its CCS growth strategy, including the successful commissioning of two additional CCS facilities during 1H26. With the Eagle Ford facility now operational, BKV has further expanded its commercial CCS portfolio and strengthened its position as a leader in the development of economically sustainable carbon sequestration solutions. Eagle Ford is the first new operational CCS facility under BKV's strategic joint venture with Copenhagen Infrastructure Partners, on behalf of its Energy Transition Fund I, since the inclusion of Barnett Zero in the joint venture. The facility was developed in collaboration with a leading diversified midstream energy company and captures CO2 from a natural gas processing plant that handles Eagle Ford Shale production. BKV acquires the CO2 waste stream from the plant, then compresses and transports it to an injection well at an adjacent site, where it is permanently sequestered underground. The facility will sequester approximately 90,000 metric tons of CO2 annually, with BKV initially retaining all environmental credits generated by the project. The project reached final investment decision in mid-December 2024, received Class II injection well approval from the Texas Railroad Commission, and received monitoring, reporting and verification plan approval from the United States Environmental Protection Agency. These operational milestones advance BKV's comprehensive CCS strategy across key natural gas basins. With Barnett Zero, Cotton Cove and Eagle Ford now in operation, BKV continues to demonstrate its ability to originate, develop and operate commercial-scale carbon sequestration projects. The Company is progressing additional CCS projects through various stages of development and execution as it works toward its previously announced goal of achieving a 1.5M metric ton annual CO2 injection rate by 2028. BKV's integrated asset base, spanning upstream production, midstream infrastructure and carbon management capabilities, positions the Company to scale its carbon sequestration platform while creating sustainable long-term shareholder value. The Cotton Cove facility, located in the Fort Worth Basin near Fort Worth, Texas, and the Eagle Ford facility, located near Freer in South Texas, together will sequester over 120,000 metric tons of carbon dioxide annually. With these facilities now operational alongside BKV's Barnett Zero site in North Texas, the Company continues to demonstrate the viability and scalability of its integrated approach to emissions reduction. Cotton Cove, a strategic co-development project between BKV and Banpu Power US, captures and sequesters CO2 emissions from BKV's co-located, owned & operated midstream plant via an underground Class II injection well in deep geologic formations. The facility is expected to average approximately 32,000 metric tons of CO2 sequestration annually over its operational lifespan. BKV now operates three commercial CCS facilities across Texas and continues to advance a growing pipeline of carbon sequestration projects through development and execution.