Valued Partners,
Both generators on ASE rig 303 have been repaired and we now have our whole operations crew on location. Our team is making last minute repairs and conducting the pre-drilling system checks. The majority of these issues were caused by the sub-freezing temperatures we experienced on the ranch some time ago.
The final BOP test is due mid-late next week. We are waiting for Scientific Drilling to deliver directional tools which are expected to arrive within two weeks. Once delivered we will immediately commence the horizontal section of the ASE 5#1H.
The whole ASE management team will be on-site to inspect the operation in the next 1-2 weeks. During our visit we will take as much video footage as possible and will share on the next portal update.
