We are excited to share a comprehensive update on the upcoming Lois Anne #1-1 well completion operations.
Current Status: We are pleased to announce that completion operations on the Lois Anne #1 well are commencing today, October 23rd, 2025. The completion rig (St. Louis Well Services) is mobilizing to the location to perforate and test the 1st Wilcox formation.
Senior Partner and COO Grant McLoughlin is currently enroute to Dallas and will join Co-founder Dylan Knight for an on-site visit to the ASE Oddfellows oilfield this Friday, October 25th, 2025.
Dylan and Grant will be making three site visits over the next two weeks to personally oversee the completion operations and ensure optimal execution of the well completion program.
Our Commitment: We are highly confident that during this period, we will successfully bring the Lois Anne #1 well into production, with oil flowing into the tanks within the next 1-2 weeks.
The primary objectives for this completion are:
✓ Perforate and test the 1st Wilcox formation for commercial quantities of hydrocarbons
✓ Initial perforation intervals: 4,152' - 4,159' and 4,166' - 4,170'
✓ If productive and flowing, flow into frac tanks and complete operations
✓ If productive but not flowing, implement acid stimulation treatment
✓ If production requires optimization, then look to target Secondary formations, starting with Viola
Phase 1 - Preparation & Perforation (Today):
Phase 2 - Initial Testing:
Phase 3 - Stimulation (If Required):
Phase 4 - Completion:
Today (October 23rd): Completion operations commence
Friday (October 25th): Dylan Knight and Grant McLoughlin on-site visit
Days 1-2: Perforation and initial testing
Days 3-4: Acid treatment and evaluation (if required)
Week 1-2: Final completion and prepare for production
We are pleased to provide exclusive video content documenting this exceptional well discovery.
NEW: Introduction Video - Lois Anne #1 Analysis
This newly released video serves as an introduction to our multi-part series featuring 50-year veteran geologist John Dowds, providing detailed technical analysis of the Lois Anne #1 well. This first video contains highlights and the most compelling clips from his comprehensive presentation.
Coming Soon: Additional videos will be released over the coming weeks, including:
Also available Now: The remaining 2 videos of the 6-part drilling documentary series capturing the discovery of the 6 hydrocarbon-rich pay zones are available below
We will provide regular updates throughout the completion process. Key milestones to watch for:
Perforation results - Initial indication of formation productivity
Flow test results - Oil and gas production rates
This is an exciting milestone for the ASE Lois LP, and we will update the portal as soon as we have results from the initial perforation and testing.
Best regards,