First Right of Acceptance Valued Partners,Alpha Seven Energy and our investor partners around the globe have accomplished several milestones this year, one of the most significant being our Seminole project achieving oil production in July. While MXP Operating is diligently conducting Lois 1 well (Phase IV) preparations and simultaneously preparing to stimulate the ASE 1, our [...]
First Right of Acceptance Valued Partners,Alpha Seven Energy and our investor partners around the globe have accomplished several milestones this year, one of the most significant being our Seminole project achieving oil production in July. While MXP Operating is diligently conducting Lois 1 well (Phase IV) preparations and simultaneously preparing to stimulate the ASE 1, our [...]
First Right of Acceptance Valued Partners,Alpha Seven Energy and our investor partners around the globe have accomplished several milestones this year, one of the most significant being our Seminole project achieving oil production in July. While MXP Operating is diligently conducting Lois 1 well (Phase IV) preparations and simultaneously preparing to stimulate the ASE 1, our [...]
First Right of Acceptance Valued Partners,Alpha Seven Energy and our investor partners around the globe have accomplished several milestones this year, one of the most significant being our Seminole project achieving oil production in July. While MXP Operating is diligently conducting Lois 1 well (Phase IV) preparations and simultaneously preparing to stimulate the ASE 1, our [...]
First Right of Acceptance Valued Partners,Alpha Seven Energy and our investor partners around the globe have accomplished several milestones this year, one of the most significant being our Seminole project achieving oil production in July. While MXP Operating is diligently conducting Lois 1 well (Phase IV) preparations and simultaneously preparing to stimulate the ASE 1, our [...]
ASE 3 Flowback Valued Partners,The ASE 3 well, after performing only 1-2 swab runs, reported up to a 50% oil cut, with gas blows so powerful that it caused oil to gush out of the wellbore. It has been decided that the best course of action is to purchase a larger pumping unit to handle the [...]
ASE 2 Production Valued Partners,The ASE 2 is officially in production, producing approximately 70 Bopd (barrels of oil per day). Please note, we are still removing water and the oil cut (in ratio to water) is improving daily. In the last seven days, we have sold two truckloads of oil (180 barrels per load) and are [...]
Phase V Valued Partners, Here is a summary of all other Seminole County project developments: On Thursday we received the official permit to drill the Lois 1 (API# 133-25365). Due to personal circumstances, the landowner was not able to sign the SUA to commence the road construction, but we anticipate this will occur next week. Over the [...]
Phase IV Approval Valued Partners,On Thursday we received the official permit to drill the Lois 1 (API# 133-25365). Due to personal circumstances, the landowner was not able to sign the SUA to commence the road construction, but we anticipate this will occur next week. Over the recent weeks we have been stockpiling the wood matting/sleepers [...]
ASE 4 Production Valued Partners,In the past 24 hours, we have repositioned the ASE 4's PCP (progressing cavity pump) to 50 ft. above the perforations (Hunton/Misener zone), with the intention of increasing the oil cut which is approximately 30%. The best recorded day was approximately 80 barrels, yet the well has still been dewatering, and due to [...]
