Dear Valued Investor Partners,
We hope you all had a wonderful festive season, and from the entire ASE team, we would like to wish you and your family a very Happy New Year!
PORTAL UPDATE REMINDER
As investors have direct access to their monthly statements via the investor platform and receive automatic notifications when statements are posted, the monthly portals will no longer duplicate this financial information.
DECEMBER 2025 PRODUCTION
Production Performance:
OPERATIONAL STATUS
Production Stabilization:
Production has settled around 8 barrels of oil per day and 40 MCF per day following the successful annual acid treatment completed in November. The well continues running smoothly with very few operational issues throughout December.
Strong Annual Performance:
The December production demonstrates the sustained benefits of the November acid treatment and ongoing optimization program. The well continues producing consistently approximately 14 months after the successful Booch re-fracturing procedure.
Best regards,
THE ASE TEAM
