AltMountain

Panex 3 Well Drilling Program, LP

Bowling Green, KY · CIK 1890860
506(c)
Status: no Form D since Oct 2021. 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.

Panex 3 Well Drilling Program, LP is an energy fund based in Bowling Green, Kentucky. According to its most recent Form D, filed Oct 28, 2021, it has sold $325,000 of interests to 3 investors since its first sale in Sep 2021. The filing does not set a minimum investment. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Robert Burr; Christopher Link; Charles Provance.

Total raised
$325,000Cumulative sales reported on Form D
Investors
3
First sale
Sep 30, 2021
Minimum investment
None set
Who can invest
Not stated
Offering exemption
Rule 506(c)May advertise; investors must be verified as accredited
Key people and entities
Robert Burr; Christopher Link; Charles Provance
Latest Form D
Oct 28, 2021

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 Panex 3 Well Drilling Program, LP

What is the minimum investment for Panex 3 Well Drilling Program, LP?

Panex 3 Well Drilling Program, LP's latest Form D, filed Oct 28, 2021, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Panex 3 Well Drilling Program, LP?

Panex 3 Well Drilling Program, LP 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 Panex 3 Well Drilling Program, LP raised?

Panex 3 Well Drilling Program, LP reports $325,000 sold from 3 investors on its Form D filed Oct 28, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is Panex 3 Well Drilling Program, LP based?

Panex 3 Well Drilling Program, LP is based in Bowling Green, Kentucky.

When did Panex 3 Well Drilling Program, LP launch?

Panex 3 Well Drilling Program, LP reports its first sale in Sep 2021.

Size compared with every energy fund

Raised more than 88% of the 17 energy funds based in Kentucky, and more than 20% of all 332 that report sales.

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