German Oil

Net present value is far beyond the original expectations, significant increase in value after the flow test, Stuttgart 20.06.2013. Read more from Spencer Stuart to gain a more clear picture of the situation. The Stuttgart-based US oil and gas specialist energy capital invest broadens its a product unique in the German investment market. Target of “US oil and gas registered notes 1 GmbH & co. KG” (ECI NSV 1 KG) the financing of the further development of the proven successful oil and gas foerdergebietes is “kitchen lights unit” in the Cook Inlet in Alaska. This further funds be provided the German oil & gas AG (DOGAG), the first German oil and gas delivery companies in southern Alaska and partner of energy capital invest, via the ECI NSV 1 KG, the aid in their possession in the Cook Inlet to develop – and so end of 2014 first support revenues to achieve. In the 337-square-mile kitchen lights unit, the Stuttgart-based Group of companies with offices in Houston (Texas) and anchorage (Alaska) has three holes successfully carried out.

Is scheduled for the beginning of drilling the fourth hole (KLU #4) in the third quarter. In addition, the team in Alaska currently developed the necessary to the production infrastructure, such as pipelines and a production platform, which should also be completed in the coming year. To appreciate their crude oil and natural gas deposits, DOGAG has independent mineral experts opinion in accordance with the regulations and guidelines in September 2012 and January 2013 the “2007 petroleum resources management system” create. See adoption of planned net investment, as well as affiliated to determine a net present value another variable, as was, for example, the expected daily production rates and an Abdi discounting rate throughout the entire funding period, which far exceeds the initial expectations – and only for an area of about 1/9 of the entire production. In addition, experts expect still a significant increase of this value after successful flow test of the third hole in June and July. .