Valued Partners,
As stated in the last portal update on the 21st January, ASE is offering all Phase V Investor Partners the opportunity to see the ASE 4 well (Phase 3) drilling program live and up-close (24 hours per day).
With the OCC approving the permit to commence drilling the ASE 4 well, we are planning to set-up two cameras on the location of the ASE 4 (Phase 3) this week. One of the cameras will be positioned on the doghouse, giving you a close-up experience of the drilling process 24/7, and the other will be located on the edge of the drilling pad so as to capture all of the activities around the ASE rig #3. Once drilling commences, we will give each Investor Partner their own individual logins to the cameras and Pason (our real-time monitoring technology for our drilling operations). This will give you an idea of what to expect when we commence drilling the Lois 2 well (Phase 5).
We have received a high level of interest in Seminole County Phase VII (ASE 7 well), with many current Investor Partners securing additional investment. All remaining units have now officially been released to new prospective investors via our global capital raising channels. Any investors still yet to diversify into the ASE 7 well may want to register their interest to participate with one of the Alpha Seven Energy senior partners.
