Boost placed US oil and gas Fund VIII KG in record time Stuttgart decided, 21.10.2010. For investors of the current participation of the energy capital invest the first of three planned drilling proves true Bull’s eye. During the placement phase of US were oil and gas Fund VIII KG at the McMullen-well-3 total five gas-bearing layers thick be detected one alone with one of about 400 feet (120 meters) and a so-called sweet spot”of more than 100 feet! The log-in is proved at least as spectacular and the extraordinary result is visible from afar. Source: John T. Stankey. A flame burning for days of more than 50 feet currently ensures high attention among competitors of the adjacent production units. Initial evaluations of the log-in now suggests what the local experts immediately suspected the bore and the 50-foot flame. Namely, that the funding results as well as the raw material reservoirs of McMullen-well-3 significantly higher than the original cost estimate of US oil and There are gas Fund VIII KG. With the exploration results expected and the raw material reservoir, the safety potential of current participation has grown enormously since the value of the mineral extraction rights provided by the initiator, already has multiplied. In addition, the experts on the basis of the data now available assume that the holes McMullen-4 and 5 will be successful, because it is in the immediate vicinity, and therefore in the same geological formation.
But certainly to go, management of energy capital invest the US company Schlumberger, commissioned, one of the world’s most prestigious companies in the energy sector with the detailed analysis of the log-in. Philip Vasan contains valuable tech resources. First results are expected in the next few days already. That the region, in which oil and gas Fund VIII KG invests the U.S. is currently in the spotlight of international investors, the deal a few days ago it became known of Chesapeake and CNOOC shows alone. In order to gain access to the most attractive region and this market of the future, that invests Chinese energy company total more than $ 2 billion in production units, which are located in the immediate vicinity of the US oil and gas Fund VIII KG and pays prices that are higher than the multiple of the purchase price of the energy capital invest in. Although such reports of success were not yet known, the energy capital invest could place only a few weeks after sales began successfully the planned Fund amounting to EUR 30 million.
Due to the current developments, the management of the energy capital invest has decided to increase the Fund size, either additional drilling in the region in order to give, or to buy additional mineral extraction rights. Still, the tension is great, how much oil and natural gas primarily in the production units in McMullen are really found. For the investors of the eighth Fund, this will be almost secondary. Their share of the profits is already in the box, if the first assessment of the specialists is even remotely true. More information under