Dear Valued Investor Partners,

We hope this update finds you well. Please find below yourAugust 2026 operational update for the Boyd Well.

OPERATIONS UPDATE, AUGUST 2026

Status: Producing

The Boyd Well delivered a clean month of production. Norepairs or workovers were required during August, and the tubing and downholeequipment renewed in July continue to perform as intended.

Following the higher flush volumes that came with theremedial work, the well has settled back into a steady rate in the 3 barrels ofoil per day range, which is consistent with its established performance.

A load of oil was sold during August, giving the well back-to-backmonths with a load hauled.

PRODUCTION, AUGUST 2026

Total oil produced: 116.44 barrels

Oil sales: 174.44 barrels

Average daily rate: approximately 3.8 barrels of oilper day for the month

Total water produced: nil

Oil sales exceeded oil produced during August because theload hauled included stock carried on hand from July.

COMING UP, SEPTEMBER 2026

The well will continue to be monitored closely, with thefocus on maintaining the steady rate now established following the July work.

As always, your monthly financial statement is available through your investor account portal. Our next scheduled investor portal update will be released on the October 12th, 2026.

Best regards,

THE ASE TEAM