Dear Valued Investor Partners,
We hope this update finds youwell.
Please find below your August 2026 operational update for the Parker Fee oilfield.
OPERATIONS UPDATE, AUGUST 2026
Status: Producing
The Parker Fee Oilfield delivered another strong month, with total oil produced exceeding 1,378 barrels and oil sales exceeding 1,535 barrels.
No repairs or workovers of note were required during August, and the field ran smoothly throughout the month. The schedule of wellbore cleanouts and tubing lowering continues on an as needed basis, and the benefit of that work continues to show in the monthly production.
PRODUCTION, AUGUST 2026
Total oil produced: 1,378.28 barrels
Oil sales: 1,535.70 barrels
Average daily rate: approximately 44.5 barrels of oil per day
Stock on hand at month end: 393.23 barrels
Water: managed throughlease disposal
As we noted last month, oil sales in July appeared short purely because of haulage timing, with a load picked up on 1 August. That timing has now flowed through, and August sales exceeded August production as a result. A healthy stock of 393.23 barrels remains on hand at month end.
COMING UP, SEPTEMBER 2026
The cleanout and tubing lowering schedule will continue across the field as wells come up for attention, with the usual production response expected over the weeks that follow each treatment.
As always, your monthly financial statement is available through your investor account portal.
Our next scheduled investor portal update will be released on October 12th, 2026.
Best regards,
THE ASE TEAM
