FORT WORTH, Texas--(BUSINESS WIRE)--EGE Opportunity Fund 1 LP, an affiliate of EPUS Global Energy, announces the successful purchase of income producing assets located in the Illinois Basin.
- Interests in 20 oil wells
- Initial distributions to begin June 2017
- Targeted annual distribution rate of 8-14%
- Estimated monthly distributions of $160-$250 per $25,000 unit
- 2-3 year exit strategy
"I am very pleased that we were able to close on the Illinois Basin assets ahead of schedule," said Jeff Johnson, CEO of EPUS Global Energy. "Current production coupled with hedging strategies should allow for EPUS to meet and potentially exceed the expectations of our unit holders.”
About EPUS Global Energy: EPUS Global Energy is a privately held energy company engaged in the business of purchasing income producing oil and gas assets. EPUS combines the latest artificial intelligence, industry technology and experience while working with Registered Investment Advisors (RIA’s), family offices and high net worth individuals to offer alternative investments that provide monthly income.
To learn more about our business model watch our short/informative video.