Why Autumn?

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Autumn Energy Operating is currently Identifying producing wells for acquisition. They are looking for legacy wells that need workovers, that have upside production potential. These wells need workovers and should potentially increase production from 60 to 120 percent minimum on each well. The wells are most likely due for acid stimulation and cleanouts. We have designed a procedure and cost estimate based on worse case scenarios, once again to be very conservative in our forecast. These Acid stimulations and clean outs require us to rig up on each well, pull equipment and stimulate perforated zones with 15% HCL acid. Prior stimulation in the fields have shown tremendous results occasionally with a 200 to 300 percent uplift across the field. Typically, these wells have been drilled as test wells for a horizontal drilling program and then left to deplete without any re-works. These wells all fall into this category. With current oil prices around 70 dollars per barrel (07/12/26) a 60 percent uplift in production will payout in 90 days. We don’t expect every well to cost as much as eighty thousand dollars; however, we wanted to be very conservative in the estimates to allow for any issues that may arise while working on wells. With the currently designed workover program we expect the current acquisition numbers to increase up to 220 BBls per day and total production to increase to over 360 BBLs per day on very conservative workover program. Cost production per well averages around $23 USD per barrel. That cost ensures a quicker return on their investment for the investor. Thus, also allowing a larger profit over time. 

Why the investment focus on legacy wells? This allows less exposure to the investor compared to a wildcat drilling program. With production already established. Drilling a dry hole or under performing well is not a concern for the investor and/or operator. With crude futures pricing at worst in the projected mid $60's per barrel in 2027. Autumn Energy has an average extraction cost of $23 per barrel. Which is a very attractive ROI for any investor. 

U.S. crude oil production in 2027 is projected to reach record highs of around 13.83 million barrels per day. Driven by prior price volatility and global supply realignments, domestic output is expected to expand rather than experience previous anticipated sequential declines, supported by smaller private producers adding rigs and stabilizing international flows. 

  Bank and Institutional Forecasts for 2027 (08/05/2026)

• Goldman Sachs: Sees broader normalization and structural oversupply easing prices down, with Brent adjusted closer to $80/bbl. and WTI tracking into the mid-$60s to low $70s range. 
• HSBC: Revised its 2027 forecasts downward, targeting an average of $65/bbl. for Brent (implying WTI in the low-to-mid $60s), anticipating a return to a market surplus as Gulf exports stabilize.
• J.P. Morgan: Warns of more extreme downside risks if non-OPEC production surges and demand recovery lags, noting that oversupply pressures could push international benchmarks sharply lower. 
• TD Economics: Expects prices to steadily decelerate from late-2026 peaks into the $70s/bbl range as inventories rebuild.