Dear Valued Investor Partners,

We hope you all had a wonderful festive season, and from the entire ASE team, we would like to wish you and your family a very Happy New Year!

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DECEMBER 2025 PRODUCTION

Production & Sales Performance:

• Oil: 100.78 barrels
• Oil Sales: 173.86 barrels
• Average: 3.60 BOPD (up from 2.75 BOPD in November)

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OPERATIONAL STATUS

Improved Production Performance:

December production averaged 3.60 barrels of oil per day, representing a 31% increase compared to November's 2.75 BOPD average.

Paraffin Monitoring:

Continuing proactive monitoring program with no issues identified during December. The well continues producing consistently with routine operational oversight and no interventions required.

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Best regards,

THE ASE TEAM