Dear Valued Investor Partners,
We hope this update finds you well. Please find below your February 2026 operational update for Seminole County Phase 1, covering the ASE 1 and ASE 2 wells.
ASE 1 WELL
Current Status: Temporarily Shut-In (waiting for SWD to be online)
ASE 2 WELL
Current Status: Producing
Total Oil Production: 176.60 barrels
Oil Sales: 176.07 barrels
Total Gas: 1,052 Mcf
The ASE 2 well continues to run smoothly with very little operational issues this month. A pump change is planned for when the rig is next on site.
Next Portal Update: Your next portal update will be released on 11 April 2026.
Warm regards,
The ASE Team