Dear Valued Investor Partners,
We hope this update finds you well. Please find below your February 2026 operational update for Cherokee Phase 1, the 2-9 well.
CURRENT STATUS
Status: Temporarily Shut-In
Total Oil Production: 0.00 barrels
Oil Sales: 0.00 barrels
OPERATIONAL UPDATE
The Cherokee 2-9 well remains temporarily shut-in. A workover rig has been scheduled to pull the tubing and inspect for a possible tubing leak. During the workover, a proposal to acidize the well with a small treatment is also being considered, which could help restore and improve production.
Anticipated Rig Date: 3rd week of March 2026
T&L Well Services are scheduled to perform this work. The well should be restored to production within 1 to 1.5 days of the rig moving in. We will provide an update once the workover is complete and the well is back online.
Next Portal Update: Your next portal update will be released on 11 April 2026.
Warm regards,
The ASE Team
