Valued Partners,
Seminole County has experienced some heavy rainfall, with thunderstorms predicted for the next few days. This has pushed back the estimated start date of the pipeline construction and the ASE I production test. Weather permitting we should be able to commence the next stage of works next week.
Just before the heavy rain set in, we were able to move part of the drilling rig to the ASE II drilling pad. The moment we experience some dry weather we will complete the move and start the rig setup process ready for the commencement of drilling the ASE II well.
As we have successfully drilled the ASE I well we thought our investors would appreciate this short video showing the lease and highlighting the ASE I and some of the other wells on the lease.