Dear Valued BCB Fund Investors,

We would like to provide you with an important update regarding the BCB Fund and our new strategic approach.

Current Status Acknowledgment

As you are aware, BCB quarterly payments have been on pause for some time due to the past MXP situation and ongoing capital expenditure requirements at our Seminole County project in Oklahoma. Some of these wells are now five years old and require substantial maintenance and repairs, which have prevented the consistent net profit generation originally intended to help fund quarterly BCB distributions.

New Strategic Framework

We are pleased to announce a new restructured approach that we believe will provide more reliable and frequent payments:

Monthly Income Model: Moving forward, for each new well drilled, we will allocate a predetermined ownership (working interest) percentage for the BCB Fund, generating monthly income rather than quarterly payments. The amount of working interest will be calculated once each well has been drilled and brought online. This approach accounts for potential cost overruns that ASE would need to cover by selling down additional working interest if necessary.

ASE Oddfellows Oilfield Seminole County

The Lois Anne 1, 2, 3, 4, 5, 6 wells, which are within the ASE Lois LP, represent our first implementation of this new structure:

• Six wells planned for development
• First well: Lois Anne 1 (permit currently in the pre-approval process)
• Drilling activities will commence once capital raising targets are met

Investor Feedback & Enhanced Opportunities

Recent conversations with some BCB Fund investors have yielded extremely positive feedback on this new approach. Two investors have already expressed interest in investing additional capital after reviewing the ASE Lois LP materials. As one investor mentioned, this creates a double benefit due to the attractive projected returns and the opportunity to proactively fast-track the capital raising process, enabling wells to be drilled more quickly and resulting in monthly income payments commencing in the shortest time frame possible.

To provide the absolute best value for all BCB investors, we have structured exceptional terms for investors who would like to benefit from investing additional capital into the ASE Lois LP. We appreciate that (at this stage) most BCB Fund investors will not want to deploy any additional capital; however, based on the feedback we received from investors, we wanted to provide the same opportunity to every BCB Fund investor.

Special BCB Fund Investor Benefits for Additional Investment:

• Minimum investment requirements have been removed to provide everyone with the opportunity to participate and benefit
• Each investor will receive Series A working interest ratios, delivering the same projected ROI as a full $400,000 USD unit investment

Production Projections

Based on the strong past performance of ASE 2 and ASE 3 wells, combined with geological analysis and surrounding area production data, we are confident the new Lois LP wells will generate substantial monthly income for the BCB Fund, especially as more wells are drilled and enter the production phase.

Implementation Process

1. Complete the capital raising for the ASE Lois LP
2. Drill and complete the Lois Anne 1 well
3. Calculate the maximum working interest allocation for the BCB Fund (accounting for any cost adjustments)
4. $5,000 will be held as a cash buffer to cover any expenses incurred on the BCB well allocation, and all remaining funds will be paid out each month
5. Repeat this process for each subsequent well completion

Next Steps

We will continue this working interest allocation model across all new drilling projects, ensuring the BCB Fund receives an increasing revenue share from oil and gas production.

Please find below access to:

• ASE Lois LP project video presentation: ASE Lois LP Presentation Video
• Investor resource page with detailed project information: ASE Lois LP Resource Page

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Best regards,

The ASE Team