Valued Partners,
We experienced heavy rainfall during the entirety of the ASE 2 drilling process, causing several delays. That being said, the well has been successfully drilled, and we plan to commence assembly of the tank battery and surface equipment next week in preparation for completion and production. Both the ASE 1 & ASE 2 look very promising and we are looking forward to completing both wells soon, in the absence of further weather-related delays.
Additionally, we are currently marking the locations for the ASE 3 & ASE 4 wells, and we plan to start constructing the next two locations within the next couple of weeks. You will find aerial footage from our recent site inspection below.
