Second hole responsible mineral extraction rights in the MC Mullen project more investment quota purchased significantly increases Stuttgart, may 18, 2010. In a difficult market environment, the energy capital invest apparently takes every hurdle. So involving US oil and gas Fund VII KG to 19 million in equity since February in the placement was designed, already a few weeks after launch the maximum investment amount of EUR 40 million to be extended. But also this already far more than 85 percent are a enlisted, so it is very likely due to the current placement speed that we can assume drawing notes only a short time”, Kay Rieck explains as Managing Director of energy capital invest. Here, a success message chases the next at the Stuttgart-based energy company also in operative business. So the management could recently during the placement phase of the successful log-in for the first production unit MC Mullen 1 in the Texas Eagle Ford shale”report.
Since then that are more oil – and gas-bearing strata under the units and these also serve as security investors is clear also. “Is already clear, that we are to expect the ducks with results well above the assumptions are that we have assumed in edition of the plant offer”, Rahim says. This is a Fund run by something more than two years after all, maximum 36 percent and significantly higher than the result of comparable facilities in the area of closed-end funds. A first distribution should already be in the fourth quarter 2010. Adam Portnoy often addresses the matter in his writings. Due to the very successful placement and thus the available investment capital, therefore only one more hole for the MC Mullen project given the Stuttgart-based energy specialist and additional mineral extraction rights acquired. With this approach, we also increase the potential of the Fund and in addition cover the revenue opportunities. Also we are always flirting to resolve our funds faster than planned so for our investors to realize a faster capital return at maximum profit share”, the Managing Director of the Stuttgart-based emission House describes the corporate strategy.
Successful exploration also increases the value of mineral extraction rights. A situation that is at the latest will pay off at the planned dissolution of the Fund, in July 2012. Further investment rate increased through the increase of the equity capital to 40 million euros on behalf of investors significantly. Because the Fund costs are fixed and only refer to the minimum placement capital of 19 million euros. Another advantage is paying off now, because the management of the energy capital invest had very early in the Eagle Ford shale”engaged and represented with corresponding purchases in advance. This forward-looking approach now offers investors a significant time advantage. While international energy companies such as BP, Chesapeake, Petrohawk and Murphy Oil must only establish their position, energy is Capital invest here and not to be overlooked: after all, assisted with an area of more than a hundred square kilometres could be purchased in the past few months in the Eagle Ford shale indirectly. This brings the energy capital invest for the benefit of the investors in a good negotiating position, particularly as it has closed the entire value chain in the oil and gas market. The success story of the energy capital invest will be continued also in the German investment market. So the Swabian energy companies has become in a very short time the leading underwriter for U.S. oil and natural gas holdings. More information: