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About James Mozaffar

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So far James Mozaffar has created 458 blog entries.

June 10, 2022

Phase 5 (Lois 2) Valued Partners,Since our previous portal update, we have a clear plan in place to complete the Lois 2 well. In the past week, our team has analysed the pressure test data from the ASE 4 and preliminary results from the ASE 3 well. The data shows that the ASE 3 and [...]

2022-06-10T16:59:47-05:00June 10th, 2022|

June 10, 2022

Phase 3 (ASE 4) Valued Partners, The analysis of the ASE 4 well's buildup test in the Misener/Hunton is finished from which we can conclude that the reservoir pressure is lower than anticipated, around 300 psi. This suggests some depletion of the reservoir but since the bubble point of the reservoir fluids is under 100 [...]

2022-06-10T16:59:43-05:00June 10th, 2022|

June 10, 2022

Phase 2 (ASE 3) Valued Partners, The ASE #3's (final) buildup test is almost complete, with our team currently working through the preliminary data, with more to still receive and analyse. From what Wayne Beninger (Geologist) has reported thus far, the ASE 3 well appears to be very similar to ASE 4 well. The analysis [...]

2022-06-10T16:59:41-05:00June 10th, 2022|

June 10, 2022

Phase 1 (ASE 1 & 2) Valued Partners,After the final buildup test on the ASE 3 well is complete and the data has been analysed, we plan to conduct the exact same pressure test on the ASE 1 well, followed by the ASE 2 well.The analysis of the ASE 4 well's buildup test in the [...]

2022-06-10T16:59:38-05:00June 10th, 2022|

June 10, 2022

Phase 2 (ASE 18 1H) Valued Partners,This is the latest update for Phase 1:After a few technical challenges our team finished the directional/horizontal well path in the 6-1/4” hole section to the projected landing point and have picked up the rotary steerable tools. Drilling in the 6-1/4” hole will continue until we have reached the [...]

2022-06-10T16:59:55-05:00June 10th, 2022|

June 10, 2022

Phase 1 (ASE 5 1H) Valued Partners,Since the last update, and after a few technical challenges, our team finished the directional/horizontal well path in the 6-1/4” hole section to the projected landing point and have picked up the rotary steerable tools. Drilling in the 6-1/4” hole will continue until we have reached the 5,000 ft [...]

2022-06-10T16:59:53-05:00June 10th, 2022|

June 10, 2022

Phase 8 (ASE 8A & 8B) Valued Partners, As you are aware, Phase 8 partners now have an interest in Phase 5. Please see the relevant updates below: Phase 5 Since our previous portal update, we have a clear plan in place to complete the Lois 2 well. In the past week, our team has [...]

2022-06-10T17:10:21-05:00June 10th, 2022|

June 10, 2022

Phase 7 (ASE 7) Valued Partners,As you are aware, Phase 7 partners now have an interest in Phases 4 & 5. The relevant updates are below:Phase 4Following our previous portal update, we are now one step closer to completing the Lois 1 well, as our team has analysed the pressure test data from the ASE [...]

2022-06-10T17:10:37-05:00June 10th, 2022|

May 27, 2022

Phase 2 (ASE 18 1H) Valued Partners, Following our previous portal update, we thought investors would appreciate following the progress of the ASE 5#1H well (Phase 1) as we get extremely close to the horizontal drilling phase of our operation. Please read below for more information. Since the previous update, we began our directional/horizontal well [...]

2022-05-27T17:45:36-05:00May 27th, 2022|

May 27, 2022

Phase 1 (ASE 5 1H) Valued Partners, Since the previous update, we began our directional/horizontal well path in a 6-1/4” hole after squeezing cement around the base of the 7” casing to ensure adequate stability. Drilling in the 6-1/4” hole continued to 8,530 ft and presently tripping out of the hole to pick up a [...]

2022-05-27T17:45:34-05:00May 27th, 2022|