3
Apr

Fund XI KG

Haliburton confirmed an oil reservoir for the first three holes in the value of 185 million U.S. dollars Stuttgart, 23.01.2012. Last Friday the energy capital invest its U.S. oil and gas Fund XI KG, concluded since late September last year was offered. The market leader for U.S. oil and gas investments could raise a placement volume of around EUR 50 million equity without share premium. As with all public funds of the Stuttgart-based energy specialists a minimum contribution from 15,000 euros plus five percent agio was possible.

With a planned duration until June 30, 2014, and a total return of more than 139 percent if the US oil and gas Fund XI KG back to a profitable short runner funds. Again the Stuttgart-based energy company, with offices in Houston and Alaska, was initially the exploration area of West Texas”. Here, energy capital invest has worked for more than a year and has already successfully developed several exploration units. Overall, the initiator will this Fund has Free of charge with brought mineral extraction rights for seven exploration units. The internationally recognised expert and service provider Haliburton confirmed TeX 2, 3 and 4 in so far developed exploration units a gross reservoir value of $ 185 million, although so far only a part of the Fund’s assets is invested. “Have confirmed oil reservoir by more than 1,800,000 barrels, alone for the first three holes, is more than satisfied”, ECI explains managing director Kay Rieck. He and his team are currently working on a follow-up Fund. Details will be announced in the coming weeks. For more information,

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