Dear Valued Investor Partners,
We hope this update finds you well. Please find below your August 2026 operational update for the ASE 1 and ASE 2 wells.
ASE 2 OPERATIONS UPDATE, AUGUST 2026
Status: Producing
The ASE 2 continues to be one of the most reliable performers in the field. There were very few issues of any kind during August and the well ran smoothly for the full month.
ASE 2 PRODUCTION, AUGUST 2026
Total oil produced: 146.96 barrels
Oil sales: 141.23 barrels
Total gas produced: 930 mcf
Total water produced: 151.97 barrels
Average daily rate: approximately 4.7 barrels of oil per day and approximately 30 mcf of gas per day
ASE 1 OPERATIONS UPDATE, AUGUST 2026
Status: Temporarily shut in
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
