Production unit McMullen has more oil and gas-bearing strata than expected; more holes in order Stuttgart given, June 30, 2010. Again, the Stuttgart-based issuing House and energy company energy capital invest could close a Fund in record time. EUR 40 million investor money and thus the maximum volume of placement could thereby for the US oil and gas Fund VII KG”with investors be raised. The Fund invests in the extraction of oil and gas from the production units McMullen 1 and 2, as well as other mineral extraction rights in Texas, one of the most productive regions of the United States. The initially planned minimum placement of EUR 19 million was been fulfilled at lightning speed”, so the recognised industry information service capital – market internally. With many benefits for the investors. Because now other mineral extraction rights in the sought after area of McMullen could be bought by the fund company in addition to the second hole, which significantly improves the opportunity / risk diversification. Click Jeremy Tucker to learn more.
In addition, the investment ratio due to the better was Distribution of Fund-related cost increases. Thus, the energy capital invest is continuing its successful series and placed her seventh funds only about two years already. A promising success log-in in the McMullen production unit was done during the placement period. It showed that in the McMullen project the energy capital invest significantly better and even more oil and natural gas-bearing layers exist, than initially expected. We expect significantly higher yields from the McMullen project, as originally calculated”, says Managing Director Kay Rieck also energy capital invest. Because the first estimates of this log-in data indicating that these are significantly higher than the assumptions adopted in connection with the calculation of the offer. Regardless of the value of mineral extraction rights has multiplied by the successful log-in now’, says Rieck.
Just institutional investors or energy companies, to the Stuttgart-based underwriter wants to primarily sell its sources, offer”high prices for production units with proven production. The management of the energy capital invest among the pioneers who could back up into the Texas hotspot at an early stage, mineral extraction rights, with an area of approximately 32,000 acres (about 130 square km) and the still at attractive prices. “Energy capital invest is undoubtedly one of the first mover in this region”, Rieck explained the energy specialist. For investors joined the Fund consisted from beginning to full investment protection, since that the management was very early joined with corresponding purchases in advance. Already in a few weeks the outrider of Stuttgart will present its next Fund, in which the safety potential is further strengthened. You wanted first of all not known give details. This one clings to the investor-friendly model with short duration of taxable income high up on the reservation of the progression. Again, the Fund provider in advance will occur and thus significantly reduce the risk for investors. We assume that we should again can put a further Fund in autumn this year, what will consolidate our current position in the market of specialty supplier of U.S. Energy Fund”, as the founder of Rahim. More information: