Vitesse Energy Announces Accretive Denver-Julesburg Basin Acquisition

GREENWOOD VILLAGE, Colo., September 16, 2026--Vitesse Energy, Inc. (NYSE: VTS) ("we," "our," "Vitesse," or the "Company") today announced the closing of an accretive acquisition of non-operated oil and gas assets in the Denver-Julesburg Basin.

HIGHLIGHTS

• Closed an acquisition of non-operated assets in the Denver-Julesburg Basin of Colorado

• Initial unadjusted purchase price of $26.0 million

• Expected production of approximately 900 Boe per day over the next twelve months (28% oil)

• The acquisition is expected to be immediately accretive on a per share basis to earnings, operating cash flow, Free Cash Flow, and net asset value

• Vitesse has hedged a significant portion of the acquired production through 2030 to support underwritten returns

MANAGEMENT COMMENTS

"We are pleased to announce a strategic, non-operated acquisition in the Denver-Julesburg Basin, further strengthening Vitesse's position in one of the premier oil and gas basins in the United States. This transaction adds a high-quality, predominantly proved developed producing asset base operated by Chevron," said Jamie Benard, Vitesse's Chief Executive Officer and President. "The acquisition is expected to be immediately accretive on a per share basis to our key metrics, and is directly in line with our disciplined acquisition strategy of delivering durable, low-risk returns to our stockholders."

ACQUISITION DETAILS

The initial unadjusted purchase price for the acquisitions is $26.0 million, subject to customary purchase price adjustments. The cash consideration was funded with cash on hand and borrowings under Vitesse's revolving credit facility.

The acquired assets are located primarily in Weld County, Colorado, and are entirely operated by Chevron. Over the next twelve months following the effective date, the acquired assets are expected to produce approximately 900 Boe per day on a two-stream basis (28% oil).

In connection with the acquisition, Vitesse has entered into commodity derivative contracts covering a significant portion of the acquired production through 2030 to support the underwritten returns.

The acquisition closed on September 15, 2026, with an effective date of June 1, 2026.

ABOUT VITESSE ENERGY, INC.

Vitesse Energy, Inc. is focused on returning capital to stockholders through owning financial interests predominantly as a non-operator in oil and gas wells drilled by leading U.S. operators.

More information about Vitesse can be found at www.vitesse-vts.com.

An acquisition-specific slide presentation will be posted on Vitesse's website, www.vitesse-vts.com, in the "Investor Relations" section of the site, under "News & Events," sub-tab "Presentations."