Legacy Exploration, LLC is an energy fund based in Dallas, Texas. According to its most recent Form D, filed May 22, 2017, it has sold $280,000 of interests to 2 investors since its first sale in May 2017. The minimum investment it accepts from an outside investor is $30,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Phillip Peterson; Joseph Shelton; Andrew Gautreaux.
- Total raised
- $280,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- May 5, 2017
- Minimum investment
- $30,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Phillip Peterson; Joseph Shelton; Andrew Gautreaux
- Latest Form D
- May 22, 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 Legacy Exploration, LLC
What is the minimum investment for Legacy Exploration, LLC?
According to its latest Form D, filed May 22, 2017, the minimum investment Legacy Exploration, LLC accepts from an outside investor is $30,000.
Who can invest in Legacy Exploration, LLC?
Legacy Exploration, LLC 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 Legacy Exploration, LLC raised?
Legacy Exploration, LLC reports $280,000 sold from 2 investors on its Form D filed May 22, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is Legacy Exploration, LLC based?
Legacy Exploration, LLC is based in Dallas, Texas.
When did Legacy Exploration, LLC launch?
Legacy Exploration, LLC reports its first sale in May 2017.
Size compared with every energy fund
Raised more than 54% of the 348 energy funds based in Texas, and more than 19% of all 334 that report sales.