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.