Citizen Energy Ventures Unveils $20 Million Drilling Fund in the Anadarko Basin

Citizen Energy Ventures Launches a $20 Million Oil & Gas Drilling Fund

Citizen Energy Ventures is making headlines with the launch of its new $20 million drilling fund, designated the Citizen Energy 2025 Drilling Fund, LP. This initiative aims to establish long-life oil and natural gas reserves through an ambitious drilling program in the historically rich Anadarko Basin, located in Oklahoma.

The announcement comes as the company ventures into the retail private placement market for the first time, transitioning from a focus on institutional capital. James Woods, the founder and president of Citizen Energy Ventures, explained that this new fund is a strategic move designed to tap into a wider network of financial professionals and their clients. Woods stated, “With the launch of this fund, we're extending our reach beyond institutional capital.”

The Anadarko Basin: A Gem for Investors

The Anadarko Basin spans nearly 50,000 square miles across four states, featuring deep geological formations that make it a hotspot for oil and gas exploration. Citizen Energy Ventures has identified eight wells within the basin's Cherokee Formation for inclusion in the new fund. This formation is known for its conventional reservoirs and source rocks, which are recognized for their proven reserves.

Before the fund's official launch, Citizen Energy Ventures had already garnered significant investment, raising over $50 million from institutional investors and previous projects. This funding is not only aimed at enhancing the drilling schedule but also at diversifying well options and increasing operational efficiencies. Notably, the fund is strategically aligned to offer immediate tax advantages for investors who participate as general partners.

Citizen Energy Ventures: Industry Leaders

Headquartered in Tulsa, Oklahoma, Citizen Energy Ventures has built a formidable reputation as a privately held oil and gas company. The firm specializes in developing horizontal play concepts throughout the onshore United States, predominantly in the Anadarko Basin. Since 2012, the management team has drilled over 300 horizontal wells, showcasing their expertise and commitment to innovation in energy exploration.

With a cumulative experience of executing transactions exceeding $7 billion across various sectors of the energy industry, the management team is well-equipped to navigate the complex landscape of oil and gas investments. Their operations extend across several states, including Oklahoma, Texas, Arkansas, and Louisiana—demonstrating a diverse and robust operational capability in the energy market.

Committed to Responsible Investments

Citizen Energy Ventures emphasizes that this announcement is not merely a sales pitch but a reflection of their dedication to responsible and impactful investments in energy. The company underscores that investing in oil and gas can be speculative and entails a significant risk, including the possibility of complete investment loss. They encourage potential investors to examine the “Risk Factors” outlined in the private placement memorandum for a thorough understanding of what to expect.

In conclusion, the launch of the Citizen Energy 2025 Drilling Fund is a strategic move designed to attract a broader range of investors, allowing them to participate in the dynamic developments within the Anadarko Basin. With an experienced team at the helm and a history of successful operations, Citizen Energy Ventures positions itself as a leader in the evolving landscape of oil and gas investment opportunities.

For more information on this new initiative and other inquiries, potential investors are encouraged to visit Citizen Energy Ventures’ website.