Schoonover Oil, LLC is an energy fund based in Waxahachie, Texas. According to its most recent Form D, filed Jun 2, 2026, it has sold $750,000 of interests to 4 investors since its first sale in May 2026. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Dustin Schoonover; Chris Martinez; Debby Smith.
- Total raised
- $750,000Cumulative sales reported on Form D
- Investors
- 4
- First sale
- May 21, 2026
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Dustin Schoonover; Chris Martinez; Debby Smith
- Latest Form D
- Jun 2, 2026
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 Schoonover Oil, LLC
What is the minimum investment for Schoonover Oil, LLC?
According to its latest Form D, filed Jun 2, 2026, the minimum investment Schoonover Oil, LLC accepts from an outside investor is $50,000.
Who can invest in Schoonover Oil, LLC?
Schoonover Oil, 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 Schoonover Oil, LLC raised?
Schoonover Oil, LLC reports $750,000 sold from 4 investors on its Form D filed Jun 2, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Schoonover Oil, LLC based?
Schoonover Oil, LLC is based in Waxahachie, Texas.
When did Schoonover Oil, LLC launch?
Schoonover Oil, LLC reports its first sale in May 2026, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every energy fund
Raised more than 62% of the 350 energy funds based in Texas, and more than 33% of all 334 that report sales.