Thursday, October 2, 2014
Sixth Fund Additional Security Production
Imminent start of drilling five holes in the MC Mullen area in order given Stuttgart, may 12, 2010. At the end of last year that could place specialized Stuttgart energy company energy capital invest his sixth participation with a total volume of EUR 25 million on trade in mineral mining rights and exploration of oil and natural gas in the United States. With investor funds the sources of de Soto, 22 and 23 should according to plan be opened up and in addition to the sale of mineral extraction rights scored also proceeds from the exploration. The investment objects of the US oil and gas Fund VI KG spot is part faces two production units with a size of total 711 acres in de Soto, in the State of Louisiana, the hot"in the Haynesville shale. Then also the presence of an additional layer of support of the directly adjacent unit 23 gas field, the so-called Smackover was detected in the course of the previous project a geological formation that is the result of great importance. With these the team demonstrated exceptional exploration and Erdgasreserve prospects of energy capital invest in the United States already at the placement stage, how successful it is in the selection of investment sites. This already very positive project status should it not remain, even if the exceptional exploration results in the surrounding production units the value of indirectly in the Fund mineral extraction rights already now much increased by, and these are currently significantly above original expectations. Despite the positive developments, fund managing director Kay Rieck is not fully satisfied: we are used to resolve our investments on behalf of the investors and that usually before the actual end of the term. Since the current negotiations with the minority owners can take anything, we have decided, to offer an exceptional opportunity to investors." The initiator sets the contained with immediate effect in his possession Mineral extraction rights in the production unit MC Mullen 5 "indirectly into the mutual fund company.
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