What Alpha Seven Energy does

Alpha Seven Energy (ASE) is a privately held, Dallas-headquartered oil and gas investment firm founded in May 2017 by Chris Hemsworth and Dylan Knight, with a regional office in Sydney established in 2020. The company develops early-stage conventional and unconventional reserves across US basins (notably Seminole County, Oklahoma and the Texas Panhandle) and sells direct working interest ownership in those wells to accredited individual investors globally through Special Purpose Entities structured as Limited Partnerships. ASE retains 40% working interest in each well, aligning operator and investor economics, while its wholly-owned subsidiary FP Operations LLC — a fully bonded and licensed Oklahoma operator (#24948) — handles drilling, completion, and production. Operations are supported by a small bench of senior specialists, including geologist John Dowds (~50 years' experience) and external legal counsel Steve Holmes (42+ years in oil and gas law), and by a standard oilfield software stack (Sherware accounting, GreaseBook field reporting).

The product portfolio spans seven named projects — ASE Lois LP (10 wells, up to 7 confirmed pay zones), Parker Fee Oilfield (25 wells in the Texas Panhandle, 15 currently producing), Cherokee (NE Yale Skinner Waterflood Unit, 5-well Phase 2 program), Seminole County, 3-County, Mesa Vista Ranch, and Borden County — and is sold through tiered investment units (Series A/B and Legacy) with minimums ranging from $52,500 to $1,000,000 USD. Investors receive monthly net revenue disbursements from hydrocarbon sales, with projected annual returns of 28–67% (depending on multi-zone performance) and well lifespans of 20–30+ years. Distribution is direct, senior-partner-led, and international: ASE has 300+ active investor partners across Australia (~55%), the US, Canada, the UK, and New Zealand, supported by a 2025-launched investor portal with portfolio tracking, document access, and a secondary market for working interest units. The company has additionally signaled exploration of an HPC / digital-asset compute vertical via a non-binding LOI involving NU E Power Corp., Digital Asset Solutions, and Gator Mining at Lethbridge 2 in Alberta.

Name

Alpha Seven Energy

Legal name

Alpha Seven Energy

Website

https://alphasevenenergy.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Alpha Seven Energy is a private Dallas-based oil and gas investment firm that sells direct working interest ownership in US oil and gas wells to accredited individual investors globally through Limited Partnerships, retaining 40% interest alongside its 300+ partners.

Ownership category

akta.pro rank

Product category

Oil and Gas Investment

NAICS

Crude Petroleum Extraction (211120), Oil and Gas Extraction (2111), Natural Gas Extraction (211130), Drilling Oil and Gas Wells (213111)

SIC

Crude Petroleum & Natural Gas (1311), Oil & Gas Field Exploration Services (1382), Drilling Oil & Gas Wells (1381)

akta.pro primary industry

Onshore Natural Gas E&P (Conventional Fields) (EUAAAAAG)

akta.pro secondary industries

Production Operations & Artificial Lift (Surface Facilities, Compression, Flow Assurance) (EUAAAAAK), Production Services & Artificial Lift (ESP, Rod Lift, Gas Lift, Chemicals) (EUALABAH)

Keywords

• Oil and gas investment
• Working interest ownership
• Upstream oil production
• Hydrocarbon exploration
• Accredited investor offerings

Headquarters

HQ city

Dallas

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Monthly Revenue Disbursements (MRD): Investors receive monthly oil and gas net revenue distributions directly proportional to their working interest ownership in each well. Revenue comes from the sale of hydrocarbons (oil and natural gas) produced from wells. Net revenue is paid monthly (end of each month) via oil and gas accounting software (Sherware). Owner Distribution Statements detail hydrocarbon sales, prices, revenue, operating expenses, deductions, and net revenue. Most wells have a production lifespan of 20-30 years, with some remaining profitable over 40 years.
2. Investment Unit Sales: ASE raises capital by selling units (working interest) in Special Purpose Entities (Limited Partnerships) structured for each project. Investors pay a unit price (e.g., Series B: $52,500 for 0.25 unit; Series A: $210,000 for 1 unit; Legacy: $1,000,000 for 3 units with 0.5 bonus). Capital raised funds drilling and completion operations.
3. Oilfield Management & Operations: FP Operations LLC, an ASE-owned fully licensed and bonded oil and gas operator, manages all field operations including drilling, completion, production, and maintenance. ASE retains 40% working interest in each well alongside investor partners, aligning operator and investor interests.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels10 records

Core offering

Alpha Seven Energy (ASE) develops early-stage conventional and unconventional oil and gas reserves in the United States, primarily in Oklahoma and Texas, and sells direct working interest ownership in those wells to accredited investors via Limited Partnership structures. The company operates drilling, completion, and production through its wholly-owned licensed operator FP Operations LLC, retaining 40% working interest alongside investor partners and distributing monthly net hydrocarbon revenue to investors.

Product overview

Alpha Seven Energy (ASE) is a privately owned oil and gas investment company that offers a portfolio of direct working interest ownership opportunities in U.S. oil and gas wells. The company's primary offering is the ASE Lois LP, a 10-well portfolio with up to seven hydrocarbon-rich pay zones in Oklahoma and Texas. Additional core products include the Parker Fee Oilfield Asset (25-well income-producing Texas Panhandle asset), Cherokee Project (five-well drilling program), Seminole County Project, 3-County Project, Mesa Vista Ranch, and Borden County Project. All products are supported by the ASE Investor Portfolio Portal and ASE Investor Portal platforms, which provide investors with real-time portfolio management, document access, production reports, revenue tracking, and direct access to senior partners. Investors receive monthly residual income distributions and tax advantages through direct asset ownership via Limited Partnership structures.

Differentiator

Problem solved

Functional benefit

Brands

• FP Operations LLC: ASE's wholly-owned, fully licensed oil and gas operating company
• ASE Lois LP
• ASE Oddfellows Oilfield
• Parker Fee Oilfield Asset

Products and services

• ASE Lois LP A 10-well U.S. oil and gas portfolio with up to seven hydrocarbon-rich pay zones, offering direct working interest ownership for accredited investors with monthly income potential and asset-backed security through a Limited Partnership structure.
• Parker Fee Oilfield Asset An income-producing oilfield spanning over 2 square miles in the Texas Panhandle, comprising 25 wells (15 income-producing oil wells, 1 water injection well, 3 gas wells, plus 6 inactive wells) with a 3-Step Strategic Plan for enhancing production and offering Series A and Series B working interest units to accredited investors.
• Cherokee Project NE Yale Skinner Waterflood Unit featuring up to four hydrocarbon-rich pay zones with primary target zone RedFork, offering working interest ownership in a five-well drilling program with pressure maintenance being implemented to enhance oil production.
• Seminole County Project Oil and gas development in the historic Seminole oil boom area of Oklahoma targeting the Booch Formation (~3,300 feet deep) and Wilcox Sands (~4,100 feet deep) with up to 5 hydrocarbon-rich pay zones, structured for accredited investor participation.
• 3-County Project 15 wells located in 3 counties in Texas (Nolan, Taylor and Haskell counties) with the Boyd well as the most consistent performer; wells were inactive due to poor maintenance and under-investment, with extensive reworks completed on 8 wells to restore production.
• Mesa Vista Ranch A 57,600-acre lease in Roberts County, Texas Panhandle, targeting the Granite Wash formation with 47 producing oil wells operated by multiple operators including BP Capital.
• Borden County Project Two oil and gas wells (The Griffin well and The Radmila well) located on a 2,120-acre lease in Borden County, Texas' Permian Basin with stacked three pay zone opportunity.
• ASE Investor Portfolio Portal (My Investment Account) Online investor support platform launched in 2025 enabling investors to manage their entire portfolio from one intuitive dashboard, with document access hub (investment agreements, K-1 tax forms, drilling reports, completion reports, monthly revenue statements), real-time notifications, and revenue tracking.

Quantifiable outcome

• Monthly residual income from oil and gas net revenue disbursements for 20-30+ years
• +7 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature5 records

Partnerships

13 partnerships are on record, tiered minor and core.

• Eden Reforestation ProjectsminorStrategic or Co-development Partner · 1 May 2020ASE supports Eden Reforestation Projects as part of its New Growth Program. For every new and current project, ASE plants trees through this nonprofit. The financial forecast for Parker Fee Oilfield includes the cost of planting two trees for each barrel of oil produced. Eden Reforestation takes a holistic approach to reforestation, hiring and training local villagers to plant native trees, with a top-tier seedling survival rate of over 80%. The partnership supports ASE's environmental responsibility mandate.
• Steve Holmes (External Legal Counsel)coreImplementation/ SI/ Consulting PartnerSteve Holmes is external legal counsel with 42+ years specialized in oil and gas law. He has worked with ASE since 2019 and creates all Private Placement Memorandums (PPMs) and subscription agreements for Alpha Seven Energy. He is available for investor consultations during due diligence and assists investors in setting up US entities (C-Corp, US bank accounts) for investment purposes.
• John Dowds (Oklahoma Geologist)coreStrategic or Co-development PartnerJohn Dowds is an Oklahoma geologist with close to 50 years of experience who verified up to seven hydrocarbon-rich pay zones at the ASE Oddfellows Oilfield. His geological expertise and verification of multi-zone discovery substantially underpins the credibility of ASE's portfolio projections.
• Bob Pfannenstiel (Geologist)minorStrategic or Co-development PartnerGeologist providing comprehensive well reports including geological overview and daily timeline of complete drilling process. Used for Cherokee project drilling reports including Electric logs (E-logs).
• Oklahoma Corporation Commission (OCC)coreOthersGovernment regulatory body that oversees oil and gas operations in Oklahoma. ASE is fully bonded and in good standing with the OCC (Operator Number 24948). All Oklahoma wells, permits, and operations are filed and regulated at the state level. Investors can verify ASE's operating license and well API numbers through the OCC website.
• Texas Railroad Commission (RRC)coreOthersGovernment regulatory body overseeing oil and gas operations in Texas. ASE operates under the jurisdiction of the RRC for Texas projects. The RRC ensures oil and gas companies follow correct legal processes before drilling and during ongoing well management. Well API numbers are registered with the RRC for Texas wells.
• Prosperity BankminorOthersASE's bank of choice for investor USD account setup. Through ASE's strong relationship with Prosperity Bank, investors can establish US bank accounts remotely. Investors receive full internet banking and Visa debit card posted internationally. Steve Holmes assists investors in setting up C-Corps to enable US bank account establishment.
• Vinnies CEO SleepoutminorStrategic or Co-development PartnerAnnual homelessness awareness and fundraising initiative in Australia. ASE Senior Partners Dylan Knight, Pete Fagan, and Grant McLoughlin have participated multiple times (2020, 2023, planned for 2025). Since its inception 17 years ago in Sydney, the Vinnies CEO Sleepout has raised over $60 million nationally providing crisis accommodation, food, healthcare, counseling, education, and employment assistance.
• Wise (TransferWise)minorOthersPopular alternative for international investors receiving USD revenue disbursements. Investors can set up a Wise account (business or personal) to receive USD and convert back to their local currency, as an alternative to setting up a US C-Corp bank account.
• FP Operations LLCcoreOthersASE-owned, fully licensed and bonded oil and gas operator (Operator Number 24948, State of Oklahoma). Owns and operates the ASE Oddfellows Oilfield. Handles all drilling, completion, production, and asset management for investor projects. This fully integrated structure aligns operator and investor interests, with ASE retaining 40% working interest alongside investors in each well.
• NU E Power Corp.minorStrategic or Co-development PartnerNU E Power Corp. signed a non-binding Letter of Intent with Digital Asset Solutions for a power purchase agreement of up to 17 MW at the Lethbridge 2 site in Lethbridge, Alberta, targeting Q3 2026 commercial operation. Alpha Seven Energy is potentially involved alongside Gator Mining as deployment partners for compute infrastructure under this PPA. NUE would supply power under a minimum monthly take-or-pay structure.
• Digital Asset SolutionsminorStrategic or Co-development PartnerDigital Asset Solutions signed a non-binding LOI with NU E Power Corp. for a power purchase agreement at the Lethbridge 2 site. Alpha Seven Energy is potentially involved as a partner deploying and operating compute infrastructure (HPC and digital asset mining) alongside Gator Mining under this agreement.
• Gator MiningminorStrategic or Co-development PartnerGator Mining is mentioned alongside Alpha Seven Energy as a potential partner for deploying and operating compute infrastructure (HPC and digital asset mining) at the Lethbridge 2 site under the NU E Power PPA agreement.

Scale indicators11 records

Recent moves7 records

Expansion highlights5 records

Emerging players

• BKV Corporation: NYSE-listed (BKV) integrated natural gas and power producer with operations across the Barnett, Marcellus, and other US formations. Comparable to ASE as a growth-stage US upstream story that has raised capital from individual and ESG-aligned investors, with an adjacent ESG angle (carbon capture) that parallels ASE's tree-planting program.
• Evolution Petroleum Corporation: NYSE-listed (EPM) small-cap US upstream focused on mature-field redevelopment and enhanced oil recovery. Comparable to ASE in scale and orientation toward re-developing legacy US onshore fields with multi-zone or water/CO2-flood upside.

Direct peers

• Sitio Royalties Corp. NYSE-listed (STR) US minerals and royalties company built through the merger of Sitio Minerals and Falcon Minerals. Competes with ASE for individual investor capital seeking passive, asset-backed exposure to US oil and gas production cash flow.
• Royale Energy, Inc. Small-cap US upstream operator (OTC: ROYL) historically structured around direct participation programs for individual investors in working interests. Closely comparable to ASE in business model (operated working-interest sales to retail-style investors) though at a smaller and more challenged operating scale.
• Black Stone Minerals, L.P. NYSE-listed mineral and royalty interest company (BSM) that aggregates US oil and gas mineral rights and exposes passive individual investors to production economics — the closest publicly traded analogue to ASE's working-interest ownership model, although structured as non-operated minerals rather than operated working interest.
• Kimbell Royalty Partners, LP: NYSE-listed (KRP) royalty interest company focused on US upstream minerals and royalties. Comparable to ASE in offering individual investors asset-backed exposure to oil and gas production with monthly income, though via a non-operated mineral/royalty structure rather than operated working interest.
• Empire Petroleum Corporation: Private US upstream operator focused on re-developing mature onshore oil and gas fields, often via sponsor-driven working-interest programs. Similar to ASE in emphasizing field redevelopment, multi-zone potential, and direct investor participation in producing US assets.

Broad incumbents

• Northern Oil and Gas, Inc. NYSE-listed (NOG) US non-operated working interest acquirer with a strategy of building scale through mineral and working-interest purchases. Comparable to ASE as a US working-interest aggregator, but operates as a publicly traded institutional vehicle rather than a direct-investment platform.
• Vital Energy, Inc. NYSE-listed (VTLE) Permian Basin-focused upstream operator (formerly Laredo Petroleum). Broad incumbent US E&P with multi-well drilling programs similar in concept to ASE's Oddfellows and Cherokee programs, but operating at materially larger scale and serving institutional rather than individual investors.
• Civitas Resources, Inc. NYSE-listed (CIVI) US upstream operator focused on the Permian, DJ, and Powder River basins. Broad incumbent that, like ASE, pursues multi-well development of US onshore reserves, though at substantially greater scale and with institutional capital rather than direct-investor working-interest sales.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@AlphaSevenEnergy
• Xx.com/alphasevenenrgy
• Facebookfacebook.com/alphasevenenergy

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Alpha Seven Energy