Dear Investor Partners,

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We are pleased to report that the next stage in the Cherokee 2–9 well development is scheduled to commence this coming week.

You will see that we have provided the work-over procedure report that outlines the steps between now and entering into oil and gas production.

Thank you to all of the investors who sent through their questions. Bob (project geologist) has scheduled a time to record the Q&A next week, which we have the intention of releasing via the Investor portal shortly afterwards.

As always, we will be documenting each stage of this development process, providing videos and reports during this exciting milestone of our Cherokee project.

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Warm regards,

The Alpha Seven Energy team