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June 2, 2023

June 2, 2023

Phase 3 (ASE 19 1H)

Dear Investor Partners,

The Mesa Vista project and Cherokee Phase 1 well are still currently in a holding pattern, yet we are confident that the Cherokee project will commence drilling by the end of the month.

One week before we commence drilling, we will provide all partners access to the ASE Cherokee Phase 1 investor portal. This portal will give you access to all the relevant information and updates on the project, including drilling progress, reports, videos, and logs. Additionally, we will provide exact percentages of WI reallocated to each LP. We want to ensure that all our partners have full transparency in the allocation process and are aware of their stake in the project.

Thank you for your continued support and trust in Alpha Seven Energy. We will continue to keep you updated on the progress of our projects.

Sincerely,

The Alpha Seven Energy team

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ASE About Photo 1
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