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Managing Director

May 10, 2014 in News Tags: ,

“Energy capital invest meets with the MC Mullen 1 equal to multiple layers of support and larger quantities of oil and natural gas than expected interest by US energy companies after previously several gas-bearing strata were pierced, was at a depth of around 15,000 feet: the breakthrough to the Eagle Ford shale”, probably one of the largest contiguous natural gas and petroleum areas on the North American continent. The hole has been extremely successful. In addition to the Eagle Ford shale additional gas-bearing strata under the production unit MC Mullen-1 could be confirmed”, declares Kay Rieck as Managing Director of the Stuttgart-based energy capital invest. The company specializes in trading mineral extraction and exploration of oil and natural gas in the United States. Investors of US oil and gas Fund VII KG, which first off the funding revenue, as well as the sale of mineral extraction rights of production units MC Mullen-1 and -2 revenue flowing to entitled to, you will be pleased. Because log-in was made by this and the associated data can generally be established, which oil and natural gas deposits is expected.

First estimates of this log-in data show, that we are clear about the assumptions, we have assumed in connection with sale of investment”, says Rieck. The now confirmed support layers as well as the successful log-in offer a striking piece investors more security. But another aspect is very interesting: as the initiator of energy capital invest has financed the drilling activities at their own expense, this important event yet in the placement phase of the Fund falls. Thus investors have, join the US oil and gas Fund VII KG now, the security that the Fund can actually promote oil and natural gas, and it more than in the prospectus is. Offers end”the greatest possible plant safety, rightly says Rieck.

About also plays another aspect of energy capital invest currently in the cards: since MC now larger contiguous areas to get barely or only to very high prices Mullen County, the hotspot of the region, more and more energy companies looking for units with proven oil and natural gas deposits are. We reveal only so much as that we currently find ourselves with one of the large U.S. energy companies in intensive negotiations”, so the energy entrepreneur with Swabian roots. Equal to the current negotiations which result: with the successful log-in the value of the production units catapulted himself MC Mullen-1 and -2 at multiples of the original amount and the according to positive result for investors of US oil and gas Fund VII KG. Investors that wish to benefit from these advantages to benefit, now have the chance should act quickly. The placement of planned equity amounting to EUR 19 million was carried out in a record time of only a few weeks. Meanwhile, which has Energy capital invest pulled the option on increase in equity up to 40 million euros. The current results are likely to significantly increase the speed of placement in. Energy capital invest that Stuttgart-based company was founded only a year ago, he is one of mineral rights in the United States but with now seven set up investments in the special area the leading providers in this segment. The previously placed stakes run in as planned all distributions have been made as prospects.


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