my statement - "..I remember someone posting that the investor program was not widely subscribed to..."
Mongo, You posted several links, but none of them had anything to do with the numbers of investors involved. The fewer investors, the larger the percentage of the company's ownership and revenue. In the reference you made to the Padgett Ranch Project, you neglected to mention it opened in October, 2004, and was closed in 2005. Old news. You also omitted "This property consists of nine existing oil/gas wells, located approximately ninety miles west of Dallas, Texas in Palo Pinto County. The Partnership intends to enhance production of existing wells by re-entry and re-completion." It says nothing about new wells on the Padgett.
"New investment opportunities will be available soon." - I'm not too worried about new joint ventures. I mean, get real Mongo, when has anything ever happened soon with AMEP?
CONFIDENTIAL SUMMARY OF OFFERING
October 31, 2004
PADGETT RANCH LIMITED #1
RE-ENTRY PROGRAM
A TEXAS LIMITED PARTNERSHIP
The Partnership is being formed to acquire Oil and Gas mineral rights and re-enter wells on the property known as the Padgett Ranch. This property consists of nine existing oil/gas wells, located approximately ninety miles west of Dallas, Texas in Palo Pinto County. The Partnership intends to enhance production of existing wells by re-entry and re-completion.
PADGETT RANCH PROJECT
ARCHIVED (2005) Project closed to additional investors.
AI
