This extremely challenging terrain may result in indefinite project delays and escalating costs beyond the control of management. The Company’s well operations is located primarily in the extremely remote, mountainous and challenging terrain of East Kentucky. 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. In the event that commercial production is achieved, it may take many years for the investor to recoup his or her investment. Actual production and results are beyond the control of management. No assurances can be made as it relates to reserves, production, income, profit, prices, timelines and/or other estimates. It is impossible to accurately forecast profitability, production, reserves, income, expenses and timelines for any project. Any tax and/or other information herein is provided for illustration purposes only and may include estimates that are uncertain and subject to change. The Company does not provide tax advice and investors should seek the advice of their tax professional. 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. Forward-looking statements are made based upon Management’s current expectations and beliefs concerning future developments and their potential effects upon Encore Energy, Inc. 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. Investment Risk, Disclaimer and Cautionary Statement: The information herein may contain forward-looking statements, and actual results may vary. Encore shall take reasonable steps to verify the accredited status of each prospective investor and utilizes the principles based method for purposes of accredited verification. 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.
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.
No assurances can be made as it relates to production, income, reserves, profitability, timelines, and/or other estimates.įor more information, contact Steve Stengell MBA at (270) 438-9956 and/or visit the Company’s website at
Oil and gas investments involve a high degree of risk and are only suitable for SEC defined accredited investors who can afford the loss of their entire investment (SEC Reg D, Rule 506c). The future for the oil and natural gas industry has never been brighter! The horizontal Berea oil and gas play is the most prolific horizontal play in Kentucky, and Lawrence County is the highest oil volume producing county in the state. The Company is currently drilling multiple horizontal Berea oil and gas wells while developing a natural gas pipeline system in Lawrence County, Kentucky. is a fully integrated oil and natural gas operator that specializes in horizontal well drilling and production in Lawrence County, Kentucky. (PRWEB) September 14, 2022Įncore Energy, Inc.
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