Dear Valued Investor Partners,
We hope this update finds you well. Please find below your February 2026 operational update for Seminole County Phase 2, the ASE 3 well.
CURRENT STATUS
Status: Producing
Total Oil Production: 106.88 barrels
Oil Sales: 0.00 barrels
Total Gas: 616 Mcf
OPERATIONAL UPDATE
The ASE 3 well continued to produce during February with 106.88 barrels of oil and 616 Mcf of gas recorded. The production engineer has noted a dip in production levels and is currently evaluating the decline curve to provide recommendations. At a minimum, a pump change will be attempted in March when rig activity is scheduled on site.
We will provide a further update once the pump change has been completed and production data has been assessed.
Next Portal Update: Your next portal update will be released on 11 April 2026.
Warm regards,
The ASE Team
