Valued Partners,
Our operations team installed and connected gas lines to the ASE 1 & ASE 2 separators on Tuesday, and installed the containment wall yesterday morning. Both wells are now ready for completion. However, due to the petrophysical evidence of the presence of the Misener formation in both the ASE 1 & 2, we began (and are now in the final stages of) acquiring surrounding acreage to expand the number of potential Misener wells on the ASE prospect acreage. This effort's success depends on making the acquisitions before the ASE 1 & 2 are completed and put into production.
We have attached a revised timeline below.