Dear Valued Investor Partners,

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

OPERATIONS UPDATE, SEPTEMBER 2026

Status: Producing

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

PRODUCTION, SEPTEMBER 2026

Total oil produced: 88.16 barrels

Oil sales: nil, no load hauled during the month

Average daily rate: approximately 2.94 barrels of oil per day

Stock on hand at month end: 135.72 barrels

Total water produced: nil

With 135.72 barrels now held intank, the stock on hand is building steadily towards the next load for sale.

COMING UP, OCTOBER 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 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 November 12th, 2026.

Best regards,

THE ASE TEAM