Valued Partners,
The BDW 650 (ASE 3 rig) is in the final stages of setup before the commencement of drilling of the ASE 4 well. Once the ASE 4 has been drilled, the Lois 1 well (Phase 4) will shortly follow.
We would appreciate if all Phase 4 investor partners who require an LLC please begin the establishment process to create one. If you need any assistance or additional information regarding this process, please feel free to contact Sharon O'Brien via email at sharon.o@alphasevenenergy.com.
If you require a US bank account, the next step (after LLC establishment) is to introduce you to Prosperity Bank to complete the application process.
Each investor partner is required to complete the "Authorization Agreement for Automatic Deposits" form. This will allow Alpha Seven Energy to initiate automatic deposits (oil & gas net revenue disbursements) into your designated bank account. This form will be provided via the Phase 4 portal in due course.
