If you are an accredited investor with a minimum investment of $100,000, please complete your details below to receive access to the Series A & B Mini-Prospectus.
If you are an accredited investor with a minimum investment of $1,000,000, please complete your details below to receive access to the ASE Legacy Investor Mini-Prospectus.
Direct working interest ownership for accredited Canadian investors. Monthly income, asset-backed security, and the full suite of U.S. tax advantages, backed by a producing oilfield, a licensed operator, and an open-door policy.
Following the successful drilling of the Lois Anne #1, #2, #3 and the recently completed #4-1 wells, John Dowds, an Oklahoma geologist with close to 50 years of experience, has verified up to seven pay zones across the field. The Lois Anne #4-1 has delivered by far the best-looking Booch log of any well drilled to date, reinforcing the strength of the discovery. With multiple zones producing simultaneously from each well, this has the potential to substantially exceed our original portfolio projections.
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ASE Lois LP is a 10-well, multi-asset oil and gas portfolio structured across two established and prolific U.S. oilfields, named in honour of Lois Anne Knight, grandmother of ASE co-founder Dylan Knight.
Eight of the ten wells have already been drilled, with the final two scheduled for drilling in June.
Nine wells at the ASE Oddfellows Oilfield. Drilling commenced by ASE in 2020. The Lois Anne #4-1 has just been drilled and is delivering by far the best-looking Booch log of any well on the field. The ASE 3 originally had 11 feet of Booch perforated and producing; we have just perforated 14 feet of Booch in the Lois Anne #4-1, which will be coming into production very soon.
A single Texas well, drilled in 1953 and still consistently producing, a testament to the long-life nature of well-managed U.S. oil and gas assets.
Every ASE well carries a unique API number, entered into the Oklahoma Corporation Commission government website to verify operator details, well location, and all permits. We walk investors through this process during every presentation.
The map above shows two of the three leases that make up the ASE Oddfellows Oilfield in Seminole County, Oklahoma. The Lois Anne 4-1, identified by the triangle north of the ASE 3 well, has now been drilled. The next well, Lois Anne 5-1, will be drilled directly to the west of the 4-1, and the location for the 6-1 will be selected in the coming week to complete the 10-well portfolio.
The ASE Oddfellows Oilfield has an established production history and impressive subsurface data, underpinning the portfolio's credibility and the high probability of capital preservation and income acceleration.
Drilled 2020 · ASE Oddfellows Oilfield, Seminole County, OK
The Lois Anne #4-1 has been successfully drilled and delivered by far the best-looking Booch log of any well on the ASE Oddfellows oilfield. For comparison, the ASE 3 was originally perforated with 11 feet of Booch; the Lois Anne #4-1 has just been perforated with 14 feet of Booch and is due to come into production within the next couple of weeks.
The final two wells of the 10-well portfolio (Lois Anne 5-1 and 6-1) sit north of the ASE 3 and the Lois Anne 2-1, are likely updip with potentially thicker pay zones, and are scheduled for drilling in June. The probability of similar, or higher, hydrocarbon volumes compared to the ASE 3 is materially elevated by both their geological position and the multi-zone discovery already confirmed across the field.
An acid frac unlocked sustained natural flow on the ASE 3, a level of performance highly unusual for a well of this age.
Estimated returns and capital payback periods are tier-specific and subject to variables including prevailing oil and gas prices. As with all resource investments, these figures represent our best-informed projections, actual results may vary.
A comprehensive financial analysis, including a personalised return projection based on your investment amount, across a range of oil and gas price scenarios, is available during our ASE Lois LP presentation. Book a call or Zoom meeting for a deep dive into the financials.
ASE Lois LP offers three tiers of investment. Every investor, across all tiers, receives the following:
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All tiers provide direct working interest ownership via the ASE Lois Limited Partnership, the structure that unlocks the full suite of U.S. tax advantages outlined below.
Best viewed alongside our most recent investor updates for the full picture, including the landmark discovery of up to 7 hydrocarbon-rich pay zones.
Recorded mid-March 2025, before the drilling of our new wells and the landmark discovery. Highly recommended as an introduction to the project, viewed alongside the mini-series below and our most recent investor updates.
Real-time drilling operations, in-depth wireline log analysis with geologist John Dowds, and detailed examination of oil-saturated rock cuttings, including expert commentary on the original 5 confirmed pay zones (since expanded to 7).
Direct U.S. oil and gas working interest ownership offers a suite of tax advantages unmatched by most other asset classes. Canadian investors benefit from both U.S. tax code advantages and the protections of the Canada–U.S. Tax Treaty.
65–80% of your investment may be fully deductible in Year 1 against active income.
Working interest losses can offset salary, wages, and business income, not just passive gains.
Tangible drilling costs depreciated over 7 years for ongoing annual deductions.
15% of gross production income is tax-free for the life of the well.
Reduced withholding rates and foreign tax credits prevent double taxation.
Natural hedge against CAD/USD currency exposure across the life of the asset.
Important: Tax benefits can vary by individual circumstances. We recommend consulting your tax advisor to assess how these advantages apply to your specific situation.
ASE Lois LP offers three tiers of investment. Every investor, across all tiers, receives the following:
Subject to market conditions and performance.
We regularly host investors at our U.S. operations and oilfields across Texas and Oklahoma. Many investors return during high-activity phases of drilling and completion, and several have joined ASE only after meeting our team on site.
“Investors regularly travel from Canada to visit our oilfield operations, and leave with a level of confidence that no other form of due diligence could replicate.”
Speak directly with an ASE Senior Partner. We'll walk you through the full financial analysis, the project geology, and a personalised return projection based on your investment amount.
Available only to accredited investors. We'll be in touch within one business day.
A privately held U.S. oil and gas operator delivering direct working interest investments to accredited partners across the U.S., Canada, Australia, and the United Kingdom. Co-founded in May 2017.