AltMountain

Derby Exploration, LLC

Oklahoma City, OK · CIK 1723655
Status: no Form D since Nov 2017. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Derby Exploration, LLC is an energy fund based in Oklahoma City, Oklahoma. According to its most recent Form D, filed Nov 30, 2017, it has sold $129,365,000 of interests to 22 investors since its first sale in Nov 2017. The filing does not set a minimum investment. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Will Parker; Steve Long; Jack Clark.

Total raised
$129,365,000Cumulative sales reported on Form D
Investors
22
First sale
Nov 21, 2017
Minimum investment
None set
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Will Parker; Steve Long; Jack Clark
Latest Form D
Nov 30, 2017

From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about Derby Exploration, LLC

What is the minimum investment for Derby Exploration, LLC?

Derby Exploration, LLC's latest Form D, filed Nov 30, 2017, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Derby Exploration, LLC?

Derby Exploration, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.

How much has Derby Exploration, LLC raised?

Derby Exploration, LLC reports $129,365,000 sold from 22 investors on its Form D filed Nov 30, 2017. This is cumulative sales since the offering began, not current assets or performance.

Where is Derby Exploration, LLC based?

Derby Exploration, LLC is based in Oklahoma City, Oklahoma.

When did Derby Exploration, LLC launch?

Derby Exploration, LLC reports its first sale in Nov 2017.

Size compared with every energy fund

Raised more than 100% of the 24 energy funds based in Oklahoma, and more than 94% of all 334 that report sales.

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