Dear Valued Investor Partners,
We hope this update finds you well.
December Oil Sales & Lease Operating Expenses (LOE):
- 1 truckload of oil was sold in November.
- The well was shut in between the 18th and 23rd of February due to inclement weather.
- The settlement statement reflects deductions for:
- Lease Operating Expenses (LOE) – ongoing operational costs.
- A previous outstanding bill – impacting net revenue distribution.
Investment Outlook:
- We remain committed to identifying and implementing strategies to enhance production and maximize the value of your investment.
The next portal update will be released at the end of the 1st week of April.
Best regards,
The ASE Team
