Phase 2 (ASE 18 1H)
Late last week, the entire ASE management team was on-site at the Mesa Vista Ranch. During the site inspection, we visited the proposed location of the ASE 18-1H well (Phase 2) and interviewed Deane Pierce who revealed additional information regarding the current vertical well which is on Section 18 (see video below).
We thought it would be a good idea to give all Phase 2 investors the ability to follow the progression of the Phase 1 well, as once completed, we will look to commence our Phase 2 operations. Please see the latest update for Phase 1, which includes video footage of the ASE 5-1H operations taken late last week.
Phase 1
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)
