Durango Horizontal Joint Venture is an energy fund based in Dallas, Texas. According to its most recent Form D, filed Nov 14, 2014, it has sold $61,250 of interests to 3 investors since its first sale in Oct 2014. The minimum investment it accepts from an outside investor is $12,500. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Lexstar Energy, LLC; Frank Hart II; Jeremy Paul.
- Total raised
- $61,250Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Oct 17, 2014
- Minimum investment
- $12,500
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Lexstar Energy, LLC; Frank Hart II; Jeremy Paul
- Latest Form D
- Nov 14, 2014
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 Durango Horizontal Joint Venture
What is the minimum investment for Durango Horizontal Joint Venture?
According to its latest Form D, filed Nov 14, 2014, the minimum investment Durango Horizontal Joint Venture accepts from an outside investor is $12,500.
Who can invest in Durango Horizontal Joint Venture?
Durango Horizontal Joint Venture is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has Durango Horizontal Joint Venture raised?
Durango Horizontal Joint Venture reports $61,250 sold from 3 investors on its Form D filed Nov 14, 2014. This is cumulative sales since the offering began, not current assets or performance.
Where is Durango Horizontal Joint Venture based?
Durango Horizontal Joint Venture is based in Dallas, Texas.
When did Durango Horizontal Joint Venture launch?
Durango Horizontal Joint Venture reports its first sale in Oct 2014.
Size compared with every energy fund
Raised more than 45% of the 350 energy funds based in Texas, and more than 4% of all 334 that report sales.