Whitemud Resources Inc. (Whitemud and the Company) announced that its LPG division, Midstream Energy Partners, has secured new LPG sales contracts for the upcoming contract year commencing April 1, 2020 and ending March 31, 2021. The supply for these contracts was also established. Together these contracts are anticipated to provide sufficient cash flow to support operations through first quarter of 2021 and allow the Company to maintain its discretionary debt reduction plan announced on December 30, 2019 (the Debt Reduction Plan). Based on the new purchase and supply contracts and current cash reserves, the Company has determined to reduce the principal on its outstanding secured loans in accordance with the Debt Reduction Plan by the amount of $500,000.