Dear Valued Investor Partners,

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

OPERATIONS UPDATE, OCTOBER 2026

Status: Producing

The Boyd Well delivered another steady month in October, producing consistently throughout the month with no downtime and no operational issues.

PRODUCTION, OCTOBER 2026

Total oil produced: 84.21 barrels

Oil sales: 179.33 barrels

Average daily rate: approximately 2.72 barrels of oil per day

Stock on hand at month end: 40.60 barrels

Total water produced: nil

Oil sales exceeded oil produced in October, as the stock built up in tank over previous months was sold as a load alongside the month's production.

COMING UP, NOVEMBER 2026

The well will continue to be monitored closely, with the focus on maintaining its steady rate, and the stock on hand will be sold once a full load has again accumulated in tank.

As always, your monthly financial statement is available through your investor account portal.

Our next scheduled investor portal update will be released on December 11th, 2026.

Best regards,

THE ASE TEAM