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October 14, 2020

October 14, 2020

Valued Partners,

We are pleased to announce that all capital for Phase 4 (Lois 1 well) has been received, and that this well is next in line to be drilled after the ASE 4. Based on all of our drilling data from the ASE 1-4 wells, we will select the optimal location to drill this well.

More updates to follow once a location has been selected and permit approved.

Seminole County lease with all current wells.

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