Valued Partners,
The generator on ASE rig 303 has experienced some technical issues, which we anticipate will be fixed on Monday or Tuesday. Once the generator is fully operational, our team will complete the final tests, followed by the official sign-off by the RRC (Rail Road Commission) inspector. We are extremely eager to recommence the drilling phase of the ASE 5#1H, as we know each and every one of our investors is too. With everything going to plan and barring further setbacks, we should be drilling the horizontal section by the 1st of April.
As we mentioned in a previous portal update, the whole of the ASE team will be together in April and we intend to be out on-site, capturing as much of the action as possible during the multi-stage hydraulic fracturing process which will be conducted by Quasar.
Here is another article of interest:
"Top traders see oil topping $200 by the end of 2022"
