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Turnkey Agreement, Asset Protection and Estimated Use of Proceeds
© 2015 -  Encore Energy - All rights reserved
Encore Energy, Inc., serving as the managing general partner (MGP) and Kentucky bonded well operator for each partnership, shall provide each SEC defined accredited investor with a turnkey agreement and a fix level of investment, per the offering memorandum agreement.  The MGP shall also provide layers of asset protection, including but not limited to investor indemnification, a partnership agreement, third-party mineral lease title, legal partnership review and also, what the MGP believes to be, sufficient general liability, pollution, umbrella and well control insurance policy coverage. The MGP shall assume severe liability and financial responsibility, on behalf of the Partnership.

As the MGP, Encore shall also provide each SEC defined investor with a turnkey AFE (Authorization For Expenditure), Estimated Use of Proceeds and additional information as to how the Partnership will spend money and invest the Partnership's funds.

For more information, please contact Joseph Hooper at (270) 842-1242, ext. 224.


Privacy Statement  |
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.