Usedc 2016 Drilling Fund Form D
The New York-based Usedc 2016 Drilling Fund Lp filed Form D for $100.00 million offering. The date of first sale was 2016-11-17. The Limited Partnership raised $200,000 so far. That is 0.20% of the $100.00 million offering. The total offering amount amount was $100.00 million. This form was filed on 2016-11-28. Usedc 2016 Drilling Fund Lp’s clarification was: Dealer-Manager Fee – 2%; Sales Commission – 7%; Due Diligence Fee – 0.5%; Marketing Fee – 0.5%.. The offering has $99.80 million left to be raised and is still open.
Usedc 2016 Drilling Fund is based in New York. The firm’s business is Oil and Gas. The SEC form was signed by Douglas K Walch President of Managing General Partner. The company was incorporated in 2016. The filler’s address is: 2350 North Forest Road, Getzville, Ny, New York, 14068. U.S. Energy Development Corporation is the related person in the form and it has address: 2350 North Forest Road, Getzville, Ny, New York, 14068. Link to Usedc 2016 Drilling Fund Filing: 000168133716000021.
Analysis of Usedc 2016 Drilling Fund Offering
On average, startups in the Oil and Gas sector, sell 13.77% pooled investment interest. Usedc 2016 Drilling Fund sold 0.20% of the offering. The average investment floor size is $227,000 for companies in the Oil and Gas industry sector. The total amount raised is 11.89% smaller than the average for companies in the Oil and Gas sector.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.