Dear Investor Partners,
We hope this message finds you well.We are pleased to inform you that our Phase 1 (2-9 well) drilling operation is proceeding smoothly and we are making significant progress, and are currently at a depth of 2,100 ft. Based on the current rate of penetration, we are confident that we will reach our target depth (TD) in approximately 24 hours.
Once we hit TD, the next step in our project plan is to begin logging the well on Sunday. The logging data obtained during this process will be analyzed by our project geologist, Bob F. Pfannenstiel, and the data will then be provided via the portal.
Dylan Knight (Co-Founder & Senior Partner) has arrived at the location along with one of our Phase 1 investor partners, who has made the effort to come and experience the action for himself.
We would like to extend an invitation to all of our investors who are interested in experiencing the Cherokee project firsthand. To arrange a visit, please reach out to Dylan Knight or McLoughlin directly. Alternatively, you can send an email to info@alphasevenenergy.com.
As always we are committed to keeping you updated as our project continues to progress, and we look forward to sharing further updates with you.
Kind regards,
The ASE team
