Phase 1 (ASE 5 1H)
Valued Partners,
Late last week, the entire ASE management team was on-site at the Mesa Vista Ranch as our drilling crew was pulling pipe in preparation for the cement squeeze job, which will be followed by the final stage of drilling the horizontal leg. We have decided to use another horizontal drilling company, APS Technology, which has the best tools found globally. The benefit of using APS is that their technology and the high-precision directional tools they utilise will ensure the highest quality horizontal drilling possible and will also substantially expedite the time to drill the 5,000 ft horizontal leg. Deane Pierce has provided more detail in his report (see below) and also reveals additional insight in the video below.
ASE 5 1H Report (April 25, 2022)
