More assisted decided capital Stuttgart in Texas purchased peroxid. The energy capital invest could place the minimum volume of U.S. oil and gas Fund X KG amounting to 20 million euros in absolute record time of only about three weeks. The high placement rate is exceptional even for the not little success-drenched Stuttgart energy specialists. Also, because the acquisition of the equity capital of the US oil and gas Fund IX KG, a private placement with a minimum 200,000 euro runs well above average. The management of the energy capital invest has decided the capital increase provided for in the Statute, for the US oil and gas Fund X KG.
The increase makes sense, because we currently can invest in more, highly interesting production areas in Texas and benefit directly from the extremely attractive price”, explains Kay Rieck as Managing Director of the energy capital invest. Moreover, increased due to the better distribution of Fund-related costs the investment ratio of the US oil and gas Fund X KG. The beneficial ownership of the MC-wells-7 and 8 production units had the US oil and gas Fund X KG first “secured in the McMullen County. The area located in Texas, is the largest on the North American continent among experts as one and has a very good infrastructure for the production of oil and natural gas. The special thing about the current participation: The mineral extraction rights must not be acquired by the fund company, but were already at the beginning of the placement indirectly brought by the energy capital invest and made available to the Fund free of charge. The funds are in, primarily all exploration proceeds, as well as the right of exploitation from the sale. In the past few months, the energy capital invest their position on the could expand U.S. oil and gas market.
Leon County were among other mineral extraction rights in the assisted areas of proven successful”and West Texas”acquired, which both have a very good infrastructure for the transport and processing of oil and gas. In a very short time, our team in the United States could acquire more than 35,000 acres in the two Hotspots Leon County and West Texas. With these recent acquisitions has”the energy capital invest over positions in the U.S. oil and gas market of more than 185,000 acres, representing an area around 730 square kilometres, says Rieck. Only a short time participation from at least 15,000 euros to the now tenth Fund of leader is possible. And with a term until the end of 2013 is the US oil and gas Fund X KG back to a real short term. Investors achieve a nominal return of about 14 percent a year during this time. A nominal two percent early artist bonus is granted also until May 19. The first reduced is planned already for the third quarter of 2011. In addition, the distributions are conception according to to the progression of the retention tax in Germany.
