Dear Valued Investor Partners,
We hope this update from our Cherokee Phase 1 project finds you well.
Please see attached (below) the "Settlement Statement" of the month of July.
The Cherokee 2-9 well continues to produce consistent and commercial quantities of oil, and for the month of August, there was another truckload of oil sold, containing approximately 160 barrels of oil.
The revenue generated from this production will be distributed to our investor partners, with payments scheduled for late October.
We look forward to sharing further updates on our progress in approximately 4 weeks time.
Best regards,
The Alpha Seven Energy Team
