Refined Energy invests in and developments oil and gas projects in order to realize profitable income streams.
Business Model:
Revenue: $0
Employees: 1-10
Address:
City: Naples
State: Florida
Zip:
Country: United States
Refined Energy invests in and developments oil and gas projects in order to realize profitable income streams. They are currently focused on drilling shallow oil and gas wells in-and-around southern New York in an area historically rich in oil and gas production. Refined Energy has developed their strategic partnerships, contracts and business framework to mitigate risks inherent in the oil and gas industry, while also maximizing potential profitability for their investors. A few key attributes of Refined Energy include: 1) Ownership interest in soon-to-be producing oil and gas wells with impressive log reports. 2) Almost $500,000 of invested capital through their first offering round and capital contributions. 3) Access to over 1000 leased acres in southern New York with proven oil and gas reserves, which additionally are located near oil producing land held by a major oil company. 4) An agreement with an experienced driller/operator, whose President has been in the drilling industry for almost 50 years. 5) An incentivized driller/operator who shares in the expenses of the drilling and operations of the wells. 6) A negotiated ""turn-key"" price for the wells, insuring unexpected expenses do not arise in the drilling process. They are seeking to raise $450,000 to complete additional wells on the leased acreage. Their projections indicate each well&s;s production will yield a return on investment within 9-18 months (based on production projections and current oil prices). They are accepting investments starting at $50,000.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 6/2014 | Equity Crowdfunding | - | 6/2014 | Equity Crowdfunding | - |
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