L6NRG MONTANA I, L.P. is an oil and natural gas drilling partnership offering the opportunity to invest in the Bakken and Three Forks formations within the Williston Basin in North Dakota and Montana the second largest Oil reserves of the United States.
L6NRG MONTANA I, L.P. has been structured to allow investors to participate into such exploration with lower risks and to benefit from the attractive tax treatment reserved by the US Tax Code to investors in the Oil & Gas Industry. The Terms of this Offering are as follows: l
$200,000,000 in $20, 000,000 Tranches.
September 2017 and expected to end no later than July 31, 2019, unless this offering is extended by the Managing GP pursuant to a supplement prospectus.
$10,000 per Interest; $9,300 per Interest for Interests sold to the Managing GP, selling dealers or certain of their affiliates, as well as registered investment advisers and their clients.
Investor General Partnership or Limited Partnership
Escrow Account: The Managing GP will deposit and hold all investor’s subscription moneys in an interest-bearing escrow account at Yellowstone Bank, N.A. until a minimum offering amount of $1,000,000 has been received
The Managing Partner will review the Partnership account at least monthly to determine whether cash distributions are appropriate, and if so, the amount to be distributed. The partnership will distribute to Investors funds that the Managing GP does not believe are necessary for the partnership to retain.
An investment in the partnership involves risk and is suitable only for persons who have adequate financial means, desire a relatively long-term investment and who will not need immediate liquidity from their investment. Persons who meet this standard and seek to diversify their personal portfolios with an oil and natural gas-based investment, which among its benefits may provide portfolio diversification, may generate cash distributions, may provide tax benefits, may provide capital growth, and may hedge against inflation, and are able to hold their investment for a time period consistent with the partnership’s liquidity plans, are most likely to benefit from an investment in the partnership.
On the other hand, an investment in the partnership is not appropriate for persons who require immediate liquidity or guaranteed income, or who seek a short-term investment. Notwithstanding these investor suitability standards, potential investors should consider all of the information contained in the PPM, including the “Risk Factors” section contained herein, in determining whether an investment in the partnership is appropriate.
Limited Partner Interests may be sold to you if you meet either of the following requirements:
Some of the information in this website may contain forward-looking statements. These statements can be identified by the use of forward-looking phrases such as “will likely result,” “may,” “are expected to,” “is anticipated,” “estimate,” “projected,” “intends to,” or other similar words. These forward-looking statements are subject to certain risks and uncertainties, we recommend that prior to take a decision to invest you review the “Risks Factors” section of the private placement memorandum issued by the Company Additional risks that may affect the Partnership’s future performance are included elsewhere in this website. When considering forward-looking statements, investors should keep in mind these risk factors and other cautionary statements. Investors should not place undue reliance on any forward-looking statement that speaks only as of the date made.