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11th February 2026, Update

February 11, 2026

Dear Valued Investor Partners,

We hope this update finds you well.

Here is the latest developments regarding your Boyd well ownership.

JANUARY 2026 PRODUCTION UPDATE

January 2026 Production Performance:

  • Total Oil Production: 78.88 barrels
  • Oil Sales: 0 barrels (inventory building for February sale)
  • Average Daily Production: ~3 BOPD

Operational Status

The Boyd well maintained steady production throughout most of January. Production is hovering around 3 barrels of oil per day, and operations have been running smoothly.

Weather-Related Downtime

The well was shut-in from January 24-29 due to severe freezing temperatures and adverse weather conditions that impacted field operations across the region. This 5-day shutdown was necessary to protect equipment and ensure safe working conditions.

Sales Update

Oil inventory built up during January will be ready for sale in the first week of February. A full truckload is anticipated, which will be reflected in the February production report.

UPCOMING COMMUNICATIONS

Our next investor portal update will be released on March 12th, 2026 (US time).

Best regards,

THE ASE TEAM

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