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8th May 2025, Update

May 8, 2025

Dear Valued Investor Partners,

We hope this portal finds you well.

In this post, we are pleased to provide you with the latest developments regarding your investment in the Boyd Well. This update covers recent production metrics, operational activities, and enhancements to our investor services.

PRODUCTION & REVENUE SUMMARY

February Performance

  • Oil Sales: No oil was sold during this period

April Performance

  • Oil Production: 177 barrels
  • Oil Sales: 178 barrels (1 full truckload)

Lease Operating Expenses (LOE)

  • The Settlement Statement reflects remaining balances for maintenance and repairs from prior months
  • These expenditures were necessary to maintain well efficiency and ensure long-term operational stability

OPERATIONAL DEVELOPMENTS

April Workover Summary

  • Completed the required workover procedure to address two bad joints of tubing
  • Successfully returned the well to pumping status
  • Implemented new chemical treatment protocol

Paraffin Management Program

  • Testing innovative chemical solution to address sudden paraffin buildup
  • Second treatment completed in April
  • Results show production improvement of 1.5 BOPD following treatment

ENHANCING YOUR INVESTOR EXPERIENCE

As part of our commitment to continuously improving our service to you, we are introducing two significant enhancements:

1. Alpha Seven Energy Investment Portal Our new investment portal launches at the end of June, offering:

  • Comprehensive management of your ASE oil and gas investments/
  • Monthly revenue distribution statements (per Limited Partnership) based on your exact ownership percentages
  • Centralized document repository for all partnership materials and tax documents
  • Access to the ASE secondary market

We will provide a detailed video walkthrough of the portal's functionality upon release. For a preview, please refer to the Lois LP video which demonstrates select features of this game-changing software.

2. Dedicated Investor Relations Support We are delighted to welcome Claudia van Brugge (claudia.v@alphasevenenergy.com) to the ASE Team. As your dedicated Investor Relations Associate, Claudia brings:

  • Meticulous attention to detail
  • Seamless communication and reporting
  • Genuine enthusiasm for financial markets
  • Unwavering commitment to exceptional service

COMMUNICATION SCHEDULE

All portal updates will be released on the 10th of each month (or the next business day). This schedule allows us to gather comprehensive and current information for all 15 individual portals.

We remain committed to raising the bar in investor relations and operational standards.

Best regards,

The ASE Team

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