July 26th, 2021
Encore Energy, Inc. Provides Operations Update in Lawrence County, Kentucky
Despite setbacks from Covid 19, the Company is now reworking the JDH #5 for oil production, building a pipeline system to move natural gas, and preparing to drill the next horizontal well location, the JDH #6 in Lawrence County.
October 12, 2020
Encore Energy, Inc. Provides Status Update for Horizontal Berea Oil Well Drilling, Completion and Production Operations in Lawrence County, Kentucky
Encore Energy, Inc. is pleased to report that earlier this year the Company successfully drilled the JDH #5 horizontal Berea oil well project with up to 3000’ of reported oil pay section.
March 17, 2020
Encore Energy, Inc. Announces Results from Horizontal Berea Oil Well Drilling Operations at Peters Branch in Lawrence County, Kentucky
Encore Energy, Inc. is pleased to report that the Company has successfully drilled the JDH #5 horizontal Berea oil well project to a total measured depth of 4180’ with up to 3000’ of reported oil pay section. These results are indicative of a Tier I horizontal Berea oil producer in Lawrence County, Kentucky.
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.
Investment Risk, 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 an extremely 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 providing the prospect development, lease acquisition, drilling, completion, engineering, ongoing production operations and other services. 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. The Company’s well operations is located primarily in the extremely remote, mountainous and challenging terrain of East Kentucky. This extremely challenging terrain may result in indefinite project delays and escalating costs beyond the control of management. 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.
Important Notice and Disclaimer: Oil and Gas Investments Involve a High Degree of Risk and Are Suitable Only for SEC Defined Accredited Investors Who Are Sophisticated and Can Afford the Loss of Their Entire Investment.
Production Statement: Oil and gas production involves a high degree of unpredictability, uncertainty and is completely beyond the control of management. It is impossible to accurately forecast oil and gas production and reserve volumes, even in a case where early well test and other indicators suggest commercial and/or higher volumes of production and reserves. The estimates provided by management are only estimates and/or targets / goals based on off-set production, geology, technological improvements, etc. No assurances can be made as it relates to production volumes, impurities, income, rates, reserves, pressure, profitability, expenses, timelines, weather and/or any other estimates.