Fund Overview:

Oak and Vine Capital is pleased to introduce our latest Oil & Gas Fund, Oak and Vine Upstream Energy Fund, a 506c offering. This fund has been created to acquire diversified holdings of Non-Operating Working Interests & Overriding Royalty Interests of middle-market opportunities (focusing on PDP & PUD) partnering with larger operators in proven basins.

Our strategy is to purchase existing, producing assets (PDP) with additional upside through “infill” drilling in proven oil & natural gas reserves (PUD) partnering with established operators, including some of the largest operators in the country (ex. Marathon, Chesapeake, Devon, etc.).

Private equity funding in oil & gas has dropped precipitously in recent years creating a gap to fund new drilling. Because of this many large value investors (e.g. Warren Buffett) are investing into these assets. Current market pricing allows for solid acquisitions of existing production at good value, without having to “pay up” for the upside in drilling. 

Highlights:

• Projected Net IRR: 25-30% 

• Equity Multiple: 4.0-7.0x

• Leverage Ratio: 25-30%

• Price Hedging: Partial to cover debt service

• Active Tax Losses: Yes

• Opportunity is for accredited investors only

Fund Structure:

• 1-Year deployment period, may extend.

• We will be accepting subscriptions on a first come, first serve basis.

• First year of the Fund, expect to reinvest 100% of profits into new drilling programs to compound returns.

• Will target distributions starting in Year 2 and thereafter growing over the life of the Fund.

Timeline:

OUR FIRST Allotment of $1MM has been filled! . We do have a small 2nd allotment. see updated timeline

• General Public Announcement: August 1st

• Last Day to Soft Commit: August 8th

• Deadline to Wire Funds: August 15th

• Closing on Portfolio First Asset: End-August  

2nd allotment

• General Public Announcement: Dec 22, 2023

• Last Day to Soft Commit: January 22, 2024

• Deadline to Wire Funds: January 25th, 2024

• Closing Q1 2024

Next Steps:

1. Watch the Oak and Vine + Ben Fraser webinar recording

2. Soft Commit

3. Schedule a call with Nick

Additional Resources:

Videos:

• Fund Webinar: Oak and Vine Upstream Energy Fund (Nick Stromwall and Ben Fraser) (Must Watch)

• Oil and Gas Masterclass: How to Evaluate Energy Investments

Podcasts:

• Breaking Down the Brewing Energy Crisis and Opportunities - Bob & Ben Fraser

• Oil & Gas Economics - What the future holds - Robin Winkle 

 Fund Structure - Key Items:

• 1-Year capital raise & deployment period, may extend

• We will be accepting subscriptions on a first come, first serve basis

• Capital will be accepted as acquisitions are made and we will operate on a waitlist structure

• First year of Fund, expect to reinvest 100% of profits into to new drilling programs to compound returns

• Will target distributions starting in Year 2 and thereafter growing over the life of the Fund.