Dear Valued Investor Partners,
We are pleased to provide you with this update on your investment in Parker Fee Oilfield.
On Friday, Peter Fagan (CFO) completed the first revenue disbursement to all Parker Fee Oilfield Limited Partners via our payment platform, Bill.com. This distribution reflects revenue from oil sales in August, during which seven truckloads were sold, resulting in the sale of a total of 1,277 barrels of oil.
For your records, we have attached the August Settlement Statement, which you may download and keep on file.
In September, the oilfield achieved similar production levels, with an additional seven truckloads of oil sold, totaling 1,267 barrels. This consistency underscores the steady production rates at Parker Fee Oilfield.
If you have any questions regarding the revenue disbursements, please feel free to reach out to Peter Fagan, CFO, at peter.f@alphasevenenergy.com.
Best regards,
The Alpha Seven Energy Team
