Dear Valued Partners,
We hope this update finds you well.
In this portal we wanted to provide an update on the current status of the well and recent developments. At present, the well is offline due to what appears to be a parted rod. Red Diamond is scheduled to arrive on-site early next week to assess and resolve the issue. Additionally, we have arranged for an electrician to address exposed spliced wiring. The electrician will install a covered gang box to protect the wiring from the ground and will run a conduit up to the junction box for enhanced safety and compliance.
August Operations:
We sold one truckload of oil in August. Investors can expect their monthly revenue disbursement to be processed by or before the last business day of this month.
Should you have any financial inquiries, please feel free to reach out to our CFO, Peter Fagan, at peter.f@alphasevenenergy.com.
For any other questions, don’t hesitate to contact:
Thank you for your continued partnership.
Best regards,
The Alpha Seven Energy Team
