The minimum investment in the Energy Fund LP is $50,000

Yes, our funds allow investment through qualified retirement money. This must be done through a self-directed IRA or 401K. If you don’t yet have a self-directed account, we can make introductions to several custodians that we have worked with.

Additionally, some funds implement leverage leading to the possibility of generating Unrelated Business Income Tax (UBIT). We would ask that investors speak with their tax professional about potential implications.

No. Investors in this Fund will be part owners of the Fund shares and thereby a portion of all assets owned in the Fund. Based on the strategy of the Fund it is anticipated there will be numerous wells, basins, & operators in the assets creating a diversified portfolio.

The Fund will focus on investing in a combination of multiple existing producing assets for current cash flow (PDP) along with acreage for new drilling for upside value (PUD). The Fund will generally be focused on investing in non-operating working interests (“NOWI”) and overriding royalty interests (“ORRI”). This reduces operational risk but gives the opportunity to participate in new drilling programs.

The fund life is expected to be 10 years; however, our team is always evaluating exit opportunities and will consider exiting early should it benefit investor returns.

Yes. However, the 116 Upstream Energy Fund VI, LP is primarily focused on maximizing shareholder returns vs. primarily generating tax losses. As such, while we anticipate tax advantages to be passed through to the limited partners, our goal will be to make acquisitions first based on investor overall returns. Oil and gas investments generally offering tax advantages through depreciation, depletion, and intangible drilling costs.

Investors may elect to take part in either the GP side offering advantages toward active income or the LP side offering advantages toward passive income. It must be noted, taking part in the GP comes with additional risks.

An individual or an entity can generally qualify as an accredited investor if they meet at least one of the following criteria:

An individual with income exceeding $200,000 or joint income with his or her spouse of at least $300,000, in each of the last two years with the expectation to reasonably maintain the same level of income in the present year

an individual with a net worth exceeding $1 million, excluding the primary residence, either individually or jointly with his or her spouse;

an entity that has assets exceeding $5 million that was not formed solely for the purpose of making the investment; or an entity whose owners all satisfy 1, 2, or 3 above.

holds in good standing a Series 7, 65 or 82 license.

For more information about the requirements of an accredited investor, see this bulletin from the SEC.