Downhole Energy, LLC
Downhole Energy, LLC is an energy fund based in Garland, Texas. According to its most recent Form D, filed Dec 1, 2015, it has sold $253,125 of interests to 3 investors since its first sale in Nov 2015. 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 Mark Sherman.
- Total raised
- $253,125Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Nov 23, 2015
- Minimum investment
- None set
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Mark Sherman
- Latest Form D
- Dec 1, 2015
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 Downhole Energy, LLC
What is the minimum investment for Downhole Energy, LLC?
Downhole Energy, LLC's latest Form D, filed Dec 1, 2015, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Downhole Energy, LLC?
Downhole Energy, 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 Downhole Energy, LLC raised?
Downhole Energy, LLC reports $253,125 sold from 3 investors on its Form D filed Dec 1, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is Downhole Energy, LLC based?
Downhole Energy, LLC is based in Garland, Texas.
When did Downhole Energy, LLC launch?
Downhole Energy, LLC reports its first sale in Nov 2015.
Size compared with every energy fund
Raised more than 54% of the 349 energy funds based in Texas, and more than 19% of all 332 that report sales.