Encore Energy, Inc. is an experienced well operator that has made significant oil discoveries in Kentucky. The company is currently drilling and developing multiple Horizontal Berea oil projects in eastern Kentucky.
The Company controls thousands of lease acres across the Horizontal Berea oil play where nearly 25% of the state's annual oil production is produced.
Encore has successfully drilled its first horizontal Berea oil well in Lawrence County, Kentucky to a total measured depth of 4233' and performed a 14-stage Frac treatment (packer system) in preparation for the well's production operations. All indications including a multitude of third-party geology, Engineering, drilling and industry expert Reports, are that this well should be a high-volume and strong oil producer. The company is currently drilling the vertical well-bore section at its 2nd horizontal Berea oil well location (in preparation for horizontal well operations) while making plans to drill a 3rd horizontal Berea oil well in northern Lawrence County.
Exploration, Production and Lease Acquisition
The Company’s immediate focus is shallow oil and non-conventional gas / liquids development in Kentucky.
Turnkey Drilling Investment Program(s)
Encore's objective is to provide each partner with monthly income, ROI, clear communication, long-term production, low-cost drilling, asset protection and a 100% tax deduction of their investment. Encore's partners are accredited investors (SEC definition) and include high net worth individuals, corporations, family offices and qualified investment groups. Encore believes that it mitigates risk and preserves investor capital through the diversification of multiple-well projects and by utilizing state-of-the-industry horizontal well technology.
Encore also makes every effort to provide its partners with material disclosures, prior to investment, and complete transparency through each phase of operations. Information provided to its partners includes but is not limited to real-time reporting, well permits, certified lease title, third-party reports, turnkey AFE, indemnification, monthly production statements, legal assignments and much more operations and due diligence information.
As the managing general partner, well operator and lease owner for each project, Encore owns approximately 20 - 25% of each drilling program and controls 100% working interest across its leasehold.
For more information, please contact Joseph Hooper at (270) 842-1242 ext. 224 or via e-mail at email@example.com
© 2015 - Encore Energy - All rights reserved
The oil and gas business is complicated and involves a high degree of risk and uncertainty. Encore Energy, Inc., serving as the managing general partner and Well operator of each project, works diligently to provide each qualified SEC defined accredited investor with full material disclosure in good faith, prior to making the investment, and complete transparency / real-time communication through each phase of operations. The objective for Encore is to mitigate risk, grow production, income and reserve assets for its partners, long-term, while complying with all state and federal requirements and protecting the environment.
SEC Regulation D, Rule 506(c) - (Federal Exemption): Section 201(a) of the JOBS Act requires the SEC to eliminate the prohibition on using general solicitation under Rule 506 where all purchasers of the securities are accredited investors and the issuer takes reasonable steps to verify that the purchasers are accredited investors, as defined by the SEC. Encore shall only make investment opportunities available only to SEC defined accredited investors who are sophisticated in making investment decisions and can afford the loss of their entire investment. Encore shall take reasonable steps to verify the accredited status of each prospective investor.
Assumptions, Disclaimer and Cautionary Statement: The information herein may contain forward-looking statements, and actual results may vary. Words such as "estimate", "will," "intend," "continue," "target," "expect," "achieve," "strategy," "future," "may," "goal," or other comparable words or phrases or the negative of those words, and other words of similar meaning indicate forward-looking statements and important factors which could affect actual results. Forward-looking statements are made based upon Management's current expectations and beliefs concerning future developments and their potential effects upon Encore Energy, Inc. Oil and gas investments involve a high degree of risk, uncertainty and are only suitable for qualified Accredited (SEC Definition) investors who are sophisticated in making business decisions and can bear the financial loss of their entire investment, while delivering a turnkey profit to the Company for proving the prospect development, lease acquisition, drilling, completion, engineering and ongoing production operations. The Company does not provide tax advice and investors should seek the advice of their tax professional. Any tax and/or other information herein is provided for illustration purposes only and may include estimates that are uncertain and subject to change. It is impossible to accurately forecast profitability, production, reserves, income, expenses and timelines for any project. No assurances can be made as it relates to reserves, production, income, profit, prices, timelines and/or other estimates. Actual production and results are beyond the control of management. In the event that commercial production is achieved, it may take many years for the investor to recoup his or her investment. The Company's lease acreage position under is subject to change and includes acreage under lease, Farmout agreement, verbal agreement, renewals, expired terms and any other prospective acreage in which the Company has communicated and/or negotiated with the landowner the leasing of oil and gas rights, now or in the future, and the lease / mineral owner has leased or communicated their intent to lease there mineral lease rights to the Company. It is important for qualified investors to acknowledge the fact that the US government provides them with tax savings (100% IDC tax deduction) to mitigate or at least off-set some of the financial risk associated with domestic oil and gas investments. This is not an offer to sell or buy a security. An offer shall only be made pursuant to SEC Regulation D, Rule 506(c) by a private placement offering memorandum, and this is not a private placement offering memorandum.