Valued Partners,
We re-commenced our drilling operations this week and are currently waiting for the directional tools to arrive. Once received, the next step is to complete stage 1 of our drilling procedure down to a target depth (TD) of approximately 8,500 ft. Please click below to access the drilling report.
ASE 5 1H Drilling Report
The link below depicts a similar horizontal drilling design to that which our operations team will be using on the ASE 5 1H.
Horizontal Drilling Design
Last week, Chris Hemsworth (CEO & Co-Founder), Dylan Knight (Senior Partner & Co-Founder), and James Mozaffar (Marketing Director) conducted a site inspection of the ASE 5 1H drilling location. Watch the video below to experience the drilling operation up-close, and see Dylan's interview with Deane Pierce (Registered Petroleum Engineer).
Most of our investors have not invested in oil & gas previously. With this in mind, we as a company always strive to educate our investors regarding all aspects of the industry. McLoughlin (Senior Partner & COO) recorded a short video which walks you through the Texas RRC (Railroad Commission) and shows the ASE 5 1H well's permit, and other key information.