Dear Valued Investor Partners,
We are pleased to share the latest update on the Parker Fee Oilfield.
September Highlights
In September, a total of seven truckloads of oil were sold, yielding 1,267 barrels. For your convenience, we have attached the September Settlement Statement, which you may download and keep for your records.
If you have any questions about revenue disbursements, please feel free to contact Peter Fagan, CFO, at peter.f@alphasevenenergy.com.
Upcoming Development Phase
We are excited to announce plans to commence the development phase of the Parker Fee Oilfield asset in January 2025. This phase will involve deepening selected wells, with the A-2-A well identified as the first well in this scope of work.
Thank you for your continued trust and support as we work to maximize the potential of this valuable oilfield asset.
Best regards,
The Alpha Seven Energy Team
