Dear Valued Investor Partners,
We hope this update finds you well.
LOIS ANNE #1 WELL UPDATE – SEMINOLE COUNTY OILFIELD
This week, Senior Partners Dylan Knight, Chris Hemsworth, and Grant McLoughlin are traveling to Seminole County to meet with key operational team members as part of the final planning phase, before initiating the permitting process for the Lois Anne #1 well.
Once we secure the necessary permits and finalize our funding requirements, we anticipate commencing pre-drilling operations within the next 8 weeks. As we transition into the drilling phase, you can expect more frequent portal updates documenting each stage of the process, from initial drilling through completion and into the production phase.
ALPHA SEVEN ENERGY INVESTMENT PORTAL
Last week, we initiated our phased rollout of the new investment portal to a limited number of ASE investors. This approach allows us to identify and resolve any technical issues before the full-scale launch to all investors.
UPCOMING COMMUNICATIONS
Our next investor portal update will be released on Thursday, July 10th (US time).
Best regards,
THE ASE TEAM
