Forward-looking statements are made based upon Management’s current expectations and beliefs concerning future developments and their potential effects upon Encore Energy, Inc. Words such as “estimate”, “will,” “intend,” “continue,” “target,” “expect,” “achieve,” “strategy,” “future,” “may,” “goal,” or other comparable words or phrases or the negative of those words, and other words of similar meaning indicate forward-looking statements and important factors which could affect actual results. Investment Risk, Disclaimer and Cautionary Statement: The information herein may contain forward-looking statements, and actual results may vary. ![]() Encore shall take reasonable steps to verify the accredited status of each prospective investor. Encore shall only make investment opportunities available only to SEC defined accredited investors who are sophisticated in making investment decisions and can afford the loss of their entire investment. ![]() ![]() SEC Regulation D, Rule 506(c) – (Federal Exemption): Section 201(a) of the JOBS Act requires the SEC to eliminate the prohibition on using general solicitation under Rule 506 where all purchasers of the securities are accredited investors and the issuer takes reasonable steps to verify that the purchasers are accredited investors, as defined by the SEC. The Company has positioned itself to provide Encore, and its partners, years of production income from both oil and natural gas.Įncore ships oil directly to Ergon through the Kentucky Oil Refining Company (KORC), and sells natural gas directly to Lawrence County Gas LLC.Įncore is the bonded well operator for each project and manages its gas pipeline system(s) through a subsidiary, Encore Peters Branch Gas Pipeline. Lawrence County is one of over sixty oil-producing counties and is the highest oil-producing county in Kentucky, representing nearly 25% of the state’s oil production.Įncore has recently made horizontal oil and natural gas discoveries in the Peters Branch area of Lawrence County and is currently developing a natural gas transmission “pipeline” system to optimize oil production and sell natural gas to the end purchaser. Encore is currently drilling multiple horizontal oil wells directly off-set to some of the very best oil and natural gas production and reserves across this entire horizontal play. Reliant, Acacia Energy and Pogo Energy offer variable-rate plans, which means the kWh price can change each month.Encore is drilling in an area of proven oil and natural gas production where horizontal well projects have produced in excess of ~30000 barrels of oil equivalent (BOE) per well in the first year from the horizontal Berea Oil Sandstone. You avoid electricity price hikes during the contract term, while still having the benefit of prepaid electricity. Payless Power offers a fixed rate for 12 months in the Premier 12 plan, 6 months in the Simple 6 plans. $1/day ($30/month) charged by Pogo, does not cover any kWh consumedġ3.40 ¢ / kWh, added to a fixed fee of $1/day regardless of consumption Only TDU fees between Friday 8:00 PM and Sunday 11:59 PM Only TDU fees between 9:00 PM and 5:59 AMĢ1.26 ¢ / kWh between Monday 12:00 AM and Friday 7:59 PMĢ4.8499 ¢ / kWh between Monday 12:00 AM and Friday 7:59 PM $0.95/day charged by Acacia, each day you consume less than 16 kWhĢ3.07 ¢ / kWh between 6:00 AM and 8.59 PMĢ6.6599 ¢ / kWh between 6:00 AM and 8:59 PM ![]() $2.73/day charged by Payless Power, includes 17 kWh/dayġ2.8 ¢ / kWh (for daily usage over 17 kWh)ġ4.289 ¢ / kWh, variable price that changes monthly. Regardless of your electricity plan, Oncor charges 3.5899 cents/kWh for power delivery and a fixed fee of $3.42 per month. Same Day Service – No Contracts – Exclusively for Oncor Customers These short term energy plans might have slightly higher rates, but are ideal for renters, college students and anyone who wants to try a new provider before committing to a long term plan.
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