Dear Valued Investor Partners,
We hope this update finds you well. This phase holds ownership in the ASE 3 well.
ASE 3 WELL
Status: Producing
The ASE 3 ran smoothly through the month with very few issues. The well averaged 16.81 barrels of oil per day over the month following its frac stimulation, a strong and consistent result.
May production: 521.03 barrels of oil.
Oil sold during the month: 369.89 barrels.
Our next scheduled investor portal update will be released on or before July 11th, 2026.
Best regards,
THE ASE TEAM
