Dear Valued Partners,

We hope you had a joyful festive season and a happy New Year!

Through this portal, we are pleased to provide a brief update on the Boyd Well operations:

• October Update: One load of oil was sold in October, yielding 169.46 barrels.
• November Update: Another load of oil was successfully sold in November.

For your convenience, the October Settlement Statement is attached below and can be kept for your records.

Best regards,
The Alpha Seven Energy Team