Dear Investor Partners,
We are very pleased to report that at the current rate of penetration, the Cherokee 1-9 well will be drilled in record time. In fact, it is on track to be the quickest well drilled in ASE's history (over 6 years).
Based on our current rate of progress, we are on course to hit TD on Friday night/Saturday morning.
As of 5PM (Central Time) we are just over 2,500 ft beneath the ground and everything is running better than anticipated.
Warm regards,
The Alpha Seven Energy team
