I have stumbled on something and need some help in deciphering. There is a mutual fund in Germany that is selling supposedly mineral rights from the Haynesville Shale area. Here is the list of sections so far I have found:
Desoto Parish:
As a further advantage does the Energy Capital Investments, that are currently in the immediate vicinity of the Chesapeake Unit 22 and 23, a pipeline is laid, which should reduce the "development costs significantly." Shell wants to take over the exploration - and the long term betreibenShell the gas fields, another minority owner of two production units, will take over the promotion of gas reserves. Contract negotiations in this regard have already begun.
(Note: they also mention this is close to the HK 238770 HA RB SUH;ALBRITTON CATTLE 15 015 13N 11 which isn't in Desoto)
Sec 22
Sec 23
Caddo Parish:
RedOak Field (Note: "Red Oak 33" is a very promising production unit in Caddo (Louisiana) on website but RedOak Field is only in Red River)
Encana Unit HA RA SUS per 09-1260-1262 application
Sec 33 T11N R09W
Bienville Parish:
Lake Bistineau Field (Note: in their prospectous is showing this str otherwise they call it Lake Bisteneau Project spelled with an e)
XTO Unit HA RA SUT
Sec 17 T16N R09W
They are up to the 7th fund, so I don't have all the locations. All this information is in German and I have pieced this together using Google Translate. The company name is Energy Capital Investment. Their website is:
http://www.energy-capital-invest.de but use this link -
http://translate.googleusercontent.com/translate_c?hl=en&sl=de&...
They are also using a local land brokerage company SJL Energy owned by Jason B Lane, showing a picture the American Tower in downtown Shreveport, but this company is actucally out of 23902 FM 2978, STE. B, TOMBALL, TX 77375 per the SOS of LA.
Here's some of the highlights that I have gotten from their website and press releases:
First German the initiator of the fund, which invests in mineral extraction rights initiator of the first German fund, which invests in mineral extraction rights
The planned dividend payments resulting from this trade in mineral rights, the so-called lease and royalty rights, but also from the initial exploration. It invests exclusively in areas where the fund is the majority owner.
Its own oil and gas production is regarded as a national security interest (Note: WTH?)
U.S. Oil Fund I, KG Distribution in the amount of 6% in September 2008
U.S. Oil Fund II, KG Distribution in the December 2008 rate of 22%
U.S. Oil Fund III, KG Distribution through further sales of (mineral) acres in the distribution through further sales of (mineral) acres in January 2009 amounting to 28%
U.S. Oil Fund IV, KG "has a volume of 15 million euros, a drawing is available from 10,000 euros plus 5 percent premium. It is a pure equity fund.
The Energy Capital Investment Group, which has to trade in the mineral extraction rights or similar rights as well as the extraction of gas in the Haynesville Shale specialized, its first three investments' value plans I to III "in less than one years with the maximum profit of 56 percent. This gain is tax free
The aim of the fund concept is to use the purchase and sale of grundstücksbezogenen mineral rights to generate attractive returns. This was accomplished at the U.S. Oil Fund IV due to the excellent access routes to promising areas and associated mineral rights to explore for gas. This was accomplished at the U. S. Oil Fund IV due to the excellent access routes to promising areas and associated mineral rights to explore for gas. For example, the project "Lake Bistenau" in the Haynesville Shale, the largest natural gas in North America and also assisted the fourth largest in the world. Here are secured Energy Capital Investments option
"By selling the option for tax purposes for the year 2009 and then the resultant gains we can make the first prospected as the promised dividends while investing in a subsequent project, also with a very attractive value opportunities said," Kay Rieck as Managing Director of Energy Capital Investments
Offered in parallel with the Private Placement minimum subscription amounts from EUR 250,000 has since been closed successfully as well. Thus was the trade with mineral rights and win the exploration of gas in the Haynesville Shale specialist providers in the past 12 months alone, investors for a total of five investments for themselves.
"Much of our success is our exclusive partner on the ground, which means us to have direct access to the most interesting production units and is already at our first investments already impressively demonstrated," Rieck. "It invests only if the fund's majority owner of a production unit is independent and thus can determine the entire process," said Rieck on. At whatsoever dependence on third party interests to include more consistently.
"Our concept of the V satisfied KG" said Kay Rieck as managing director of Energy Capital Invest. Because with the capital from the private placement will be by the Fund IV and VI, where acquired mineral rights to natural gas extraction "drilled", then put into production. This immediately increases the value of those rights and leads to rapid capital receipts from the exploration. "It is certain that the mineral extraction rights of our production units, eg, in De Soto, will achieve a multiple of that if they produce, ie so-called 'proven production" are, "said Rieck.
Already in September, the Energy Capital Investment with the exploration of the De Soto wants to sources 22 and 23, through the U.S. Oil and Gas Fund VI acquired KG to begin. With all the necessary contracts have already been closed.
A pre-financing by the initiator in the amount of 8,700,000, - USD already been issued in May this year, the possibility of acquiring the mineral extraction rights for the Fund. With the rapid drilling operation, the investors get on track as early as the spring of 2010 distributions from the first exploration proceeds.
By the springs 22 and 23 of U.S. Oil and Gas Fund VI KG These are part-surfaces of two production units, with a size of a total of 711 acres in De Soto, in the state of Louisiana. The project of Capital Invest Energy is thus located in "hot spot" of the Haynesville Shales. With an estimated volume of 200 trillion cubic feet of natural gas, the largest natural gas assisted on the North American continent and probably the fourth largest in the world. The results exceed previous support is every expectation.
Already in May, was able to secure the Energy Capital Investments, the mineral extraction rights (leases) in this area and become the majority owner of two production units. In addition, applied the necessary interim financing in the amount of 8,700,000, - USD and the total purchase price in full, including all sales charges paid. The transfer of ownership of the two projects and the registration of the project in the appropriate Court House is also done in the meantime.
Legal and tax concepts of Legal and fiscal design by HPL Plewka & Coll. - Frankfurt, Dusseldorf, Luxembourg, Vienna, Dubai HPL
SJL Energy LLC, Shreveport, LA SJL Energy LLC, Shreveport, LA
Jason Lane
* For over 12 years of independent land brokers For over 12 years of independent land brokers
* Responsible for a total of 75 country broker responsible for a total of 75 land brokers
* Acquisition of oil and gas leases and royalties Acquisition of oil and gas leases and royalties
for Chesapeake worth over 100 million for Chesapeake worth over 100 million
U.S. Dollar (as an exclusive buyers in Louisiana) U.S. U.S. dollars as (an exclusive buyers in Louisiana)
Kirk Wilson
* In the third generation in 32 years the third generation in 32 years
independent broker autonomous agricultural land brokers
* Responsible for a total of 50 country broker responsible for a total of 50 land brokers
* Acquisition of oil and gas leases and royalties Acquisition of oil and gas leases and royalties
for Chesapeake worth over 250 million for Chesapeake worth over 250 million
U.S. Dollar (as an exclusive buyers in Texas) U. S. Dollars (as the exclusive buyer in Texas)
Joe Young
* For over 7 years, independent brokerage Country For over 7 years of independent land brokers
* Acquisition of oil and gas leases and royalties Acquisition of oil and gas leases and royalties
of Chesapeake, Petrohawk and T. of Chesapeake, Petrohawk and T. Boone Boone
Pickens, worth over 50 million U.S. dollars Pickens, worth over 50 million U.S. U.S. dollars
Sept 11, 2009 Stuttgart-based fund company Energy Capital Invest GmbH, which Allan Smith, the former Vice President of Chesapeake Incorporation, winning for the Haynesville Shale for cooperation. Smith has 40 years experience in the energy and the extraction and trade of oil and gas. Smith has 40 years experience in the energy and the extraction and trade of oil and gas.
"We are pleased to expand our network with this experienced man in the United States clearly and use his experience in many ways to be able to. We expect that he will take our business forward significantly," says Kay Rieck as CEO of Energy Capital Invest. Landmen since the work exclusively on a contingency basis with the Energy Capital Investments, "said Rieck. The fund brings a win-win situation between all parties - including for the fund investors.
As you can tell, I have alot of questions about all of this. I find inconsistent information. Can someone help me decipher all of this that I stumbled on?? Just WTH is all of this??? I have added a pdf. It is in german, so if you can't read german go here:
http://translate.google.com/ and change the toggle pull downs to German to English and just copy and paste into the box from the pdf. Would love to hear all opinions of this.........
Earlene not enough coffee in the world for her to read german