Dear Valued Investor Partners,
We hope this update finds you well.
In this post, we are pleased to provide you with the latest developments regarding your Boyd well ownership.
PRODUCTION & REVENUE SUMMARY
June Performance:
OPERATIONAL UPDATE
Performance Monitoring: The well continues to produce at expected levels with our optimized pump timing settings. We are pleased to report no paraffin buildup issues during June operations.
Maintenance Status: No major interventions required at this time. We continue standard monitoring and maintenance protocols to ensure optimal performance.
ASE NEW INVESTOR PORTFOLIO MANAGEMENT PLATFORM
Moving forward, all monthly statements will be accessible through our new Investment Portfolio Platform. If you have not yet received your registration email, your Limited Partnership is next in our setup queue, with registration emails being sent on a rolling basis. All remaining registrations are expected to be sent by August 18th.
For any questions or assistance with platform access, please contact Claudia Van Brugge at claudia.v@alphasevenenergy.com.
TAX DOCUMENTATION UPDATE
Over the past week, we have begun receiving K-1 forms for each Limited Partnership. Peter, our CFO, is currently conducting comprehensive cross-checking procedures to ensure complete accuracy. We estimate all K-1 forms will be finalized within the next two weeks. We apologize for the delay and any inconvenience this may have caused, and we are implementing measures to ensure next year's K-1 forms are completed on schedule.
UPCOMING COMMUNICATIONS
Our next investor portal update will be released on August 11th (US time).
Best regards,
THE ASE TEAM
