Phase V Valued Partners,We are pleased to announce that the weather in Oklahoma has warmed up, and our on-site operations have re-commenced.As of Tuesday the 2nd of March we began our ASE 4 well (Phase III) drilling program and all reports indicate that we are making substantial progress. We have engaged a mud logging team who will examine [...]
Phase IV Valued Partners, We are pleased to announce that the weather in Oklahoma has warmed up, and our on-site operations have re-commenced. As of Tuesday the 2nd of March we began our ASE 4 well (Phase III) drilling program and all reports indicate that we are making substantial progress. We have engaged a mud logging team [...]
Drilling the ASE 4 Valued Partners,We are pleased to announce that the weather in Oklahoma has warmed up, and our on-site operations have re-commenced.As of Tuesday the 2nd of March we began our ASE 4 well (Phase III) drilling program and all reports indicate that we are making substantial progress. We have engaged a mud logging team [...]
ASE 3 Production Valued Partners,We are pleased to announce that the weather in Oklahoma has warmed up, and our on-site operations have re-commenced.As of Tuesday the 2nd of March we began our ASE 4 well (Phase III) drilling program and all reports indicate that we are making substantial progress. We have engaged a mud logging team who [...]
Phase I Production Valued Partners,We are pleased to announce that the weather in Oklahoma has warmed up, and our on-site operations have re-commenced. The ASE 1 well is continuing to produce commercial quantities of gas, and the second monthly revenue disbursement was made on Wednesday the 3rd of March.As of Tuesday the 2nd of March we began our ASE 4 [...]
Borden County Buyback Program Valued Partners, As per the Buyback Agreement (Option 1), Alpha Seven Energy will be allocating working interest (WI) in future wells. It is our intention to allocate WI in the Lois 1 well and other ASE wells to follow. We are currently in talks with our CPA and legal counsel to [...]
Phase V Valued Partners, Since the previous portal update, Oklahoma and Texas have experienced harsh winter storms and some of the coldest weather recorded in decades. Oklahoma activated the National Guard to keep people warm as temperatures plummeted to below -20° C. Due to the inclement weather, we paused our on-site activities including the drilling [...]
ASE 4 Preparations Valued Partners, Since the previous portal update, Oklahoma and Texas have experienced harsh winter storms and some of the coldest weather recorded in decades. Oklahoma activated the National Guard to keep people warm as temperatures plummeted to below -20° C. Due to the inclement weather, we paused our on-site activities including the [...]
ASE 3 Completion Valued Partners, Since the previous portal update, Oklahoma and Texas have experienced harsh winter storms and some of the coldest weather recorded in decades. Oklahoma activated the National Guard to keep people warm as temperatures plummeted to below -20° C. Due to the inclement weather, we paused our on-site activities including the [...]
Phase I Production Valued Partners, Since the previous portal update, Oklahoma and Texas have experienced harsh winter storms and some of the coldest weather recorded in decades. Oklahoma activated the National Guard to keep people warm as temperatures plummeted to below -20° C. Due to the inclement weather, we paused completion activities on the ASE [...]
