Energy Portfolio
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The Ridgewood Companies, (The Ridgewood Consecutive alphabet Funds)
The Ridgewood Companies have offered a series of funds focused on financing the drilling and production of energy sources including traditional natural gas, oil and renewable sources such as methane gas. StoneGate's member investors have participated in more than $25 million partnership interests of various Ridgewood Power and Ridgewood Energy funds. Ridgewood Energy pursues oil and natural gas opportunities in the deep and shallow waters of the Gulf of Mexico. Ridgewood Power invests in projects that profit from the resale of electricity that has been converted from methane gases.
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Bradley Energy USA, (2004, 2005 and 2005-II Pennsylvania Multi-Prospect Drilling Programs)
Since late 2004, Bradley Energy USA, working with experienced operating partners, has developed Appalachian Basin natural gas reserves in Pennsylvania through a series of direct participation programs. In offerings exclusive to StoneGate, member investors participated in $7.8 million of direct working interests in Bradley's 2004 Drilling Program, $10 million in Bradley's 2005 Drilling Program, and $10.8 million in Bradley's 2005-II year-end Drilling Program. Natural gas sales from these programs began in November 2005. Bradley seeks to provide monthly cash distributions from gas sales, which began in the winter of 2006.
Site: http://www.lmp.com -
Coaldale Energy LP, (Coaldale Energy LP Preferred Interests)
In 2006, StoneGate member investors acquired U.S. $13 million of preferred interests in Coaldale Energy LP, an exclusive offering structured to purchase 1.7 million tons of high-quality anthracite coal silt from Lehigh Coal & Navigation Company (LC&N). This transaction represented a financial restructuring of LC&N, which has experienced significant operational and financial difficulties since 2001. The offering was oversubscribed and significant operations are underway to harvest and deliver coal silt to the market.
- Catalyst Energy, Inc., (Catalyst Energy 2006-2 Limited Partnership, Catalyst Energy 2007-1 Limited Partnership) Catalyst Energy, Inc. (Catalyst), headquartered near Pittsburgh, Pennsylvania, is engaged in oil and natural gas development in the Appalachian region of the United States. The activities of Catalyst encompass the exploration, development, production, transmission and processing of oil, natural gas and liquid hydrocarbons. Catalyst has drilled more than 450 wells in 22 drilling programs over 15 years in the Appalachian Basin. In each transaction, participating StoneGate member investors had the option of purchasing either general or limited partner Interests. StoneGate investors that participated in the 2006-2 Limited Partnership have already started to receive monthly cash flow distributions.
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Noble Royalties, Inc.
Since 1997, Noble Royalties has specialized in acquiring and managing royalty properties with proven production histories and potential for growth. StoneGate investors have recently participated in Noble Royalties' programs which involve the direct purchase of mineral rights. Investors receive monthly income checks stemming from thousands of producing oil & gas wells throughout the country.
© 2007. FINRA
