This opportunity is available for investment
All information is subject to the Sponsor's official Investment Documentation. For more information, including risk factors, view the .
Key benefits and features of this investment opportunity
All information is subject to the Sponsor's official Investment Documentation. For more information, including risk factors, view the .
Acquire the Fund Properties with existing producing wells with upside potential through development that have the potential to produce commercial volumes of oil and natural gas over the next 20 to 30 years
Provide distributions to the Investor Partners from cash flow generated by the sale of oil and gas production generated by the existing wells on the Fund Properties, which will generally be taxable as ordinary income and partially offset from taxation as a result of percentage depletion allowance
Enhance existing production by capitalizing on relatively low-cost opportunities to increase production on existing producing and non-producing wells through strategic reworking, recompleting and building out production infrastructure to maximize operating cash flow and distributions to the Investor Partners
Analyze, target and selectively divest wellbore interests and leasehold interests from the non-operated and certain operated oil and gas assets of the Copia Properties when determined to be non-core assets where sale proceeds may be deployed for further development and potentially increased return on investment
Develop the Florentia Properties through drilling relatively shallow and moderate depth conventional vertical wells (generally 1,500-5,000 feet)
Develop the Copia Properties and its multi-year drilling inventory through drilling and participating (as a non-operator) in the drilling of large-scale unconventional horizontal wells targeting major formations in the Permian Basin, with vertical depths of approximately 8,000 to 11,000 feet and lateral lengths averaging 8,700 to 10,000 feet, with the flexibility to pursue extended laterals up to 15,000 feet or more, depending on the specific project, and selectively drilling developmental conventional vertical wells in the Permian Basin up to 8,000 feet
Provide the potential for the Investor Partners to realize an economic profit on the investment in the Fund, exclusive of any tax benefits, through the sale of oil and gas production generated by the wells and/or a combination of proceeds on sale of the Fund Properties of the Fund
The offering documents below have been prepared and are being delivered by the Sponsor of this investment opportunity.
Get help from our team of investment specialists or use our portfolio builder tool to model this investment in your 1031 exchange strategy.
Offering Type
Partnership Interests
Asset Class
Oil & Gas
Location
Texas & New Mexico
Please refer to the RGP Income Fund II, LP - Private Placement Memorandum for more details regarding distributions and risk factors of the investment.
Renaissance Growth Partners, LLC
Renaissance Growth Partners, LLC was formed on June 19, 2020 as a Texas limited liability company. RGP, along with its Affiliates, comprise a vertically integrated Dallas, Texas-based independent oil and gas company. RGP offers and manages the acquisition, production, development and enhancement of long life, stable producing oil and gas properties to sophisticated investors while implementing strategies to mitigate against the various cycles of the energy markets. RGP will administer and manage the Fund on behalf of the Investor Partners as well as supervise the performance and activities of the operator.
RGP is led by Chad Willis and Brandi Van Loon, who oversee the majority holding company, IStick Capital Management LLC, and have executive management roles at R2Q Operating, LLC, the largest oil producer in Wichita County, Texas, and also a subsidiary of IStick. Since 2003, they have been a part of over 30 acquisition and divestitures. Since 2008, they have transacted over $150 million in acquisitions or divestitures of oil and gas assets located in North and East Texas. They have managed assets in six States, Texas, Oklahoma, Louisiana, New Mexico, Indiana and Illinois. In 2012, their previous operating entity was the 22nd largest oil and gas producer in North Texas according to the Dallas Business Journal. Through their previous investment holdings, they have participated in the drilling of over 300 oil and gas wells since 2003. The assets they have participated in or managed have collectively produced in excess of 25 million barrels of oil equivalent.
For more information, view the .
All details presented on this page are subordinate to and qualified entirely by the comprehensive information contained within the Sponsor's official Investment Documentation. The content displayed here remains incomplete and may be modified by the Sponsor without notice prior to closing. The Sponsor's Investment Documentation and related materials include critical details regarding investment goals, business strategies, potential risks, fees, costs, and additional material information that should be thoroughly evaluated before making any investment decision. The information presented on this page is insufficient for making informed investment choices.
This investment is speculative, highly illiquid, and involves substantial risk. There can be no assurances that all or any of Sponsor's assumptions, expectations, estimates, goals, hypothetical illustrations, or other aspects of Sponsor's business plans ("Assumptions") will be true or that actual performance will bear any relation to Sponsor's Assumptions, and no guarantee or representation is made that Sponsor's Assumptions will be achieved. If Sponsor does not achieve its Assumptions, your investment could be materially and adversely affected. A loss of part or all of the principal value of your investment may occur. You should not invest unless you can readily bear the consequences of such loss. Sponsor's Assumptions should not be relied upon as the primary basis for your decision to invest.
Sponsor is solely responsible for statements made concerning forward-looking statements and Assumptions, which apply only as of the date made, are preliminary and subject to change, and are expressly qualified in their entirety by the disclosures and cautionary statements included in Sponsor's Investment Documents, which you should carefully review. A Sponsor is obligated to update or revise such forward-looking statements or Assumptions to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events. Sponsor's forward-looking statements and Assumptions are hypothetical, not based on actual investment achievements or events, and are presented solely for purposes of providing insight into the Sponsor's investment objectives, detailing Sponsor's anticipated risk and reward characteristics, and establishing a benchmark for future evaluation of actual results; therefore, they are not a predictor, projection, or guarantee of future results. You should not rely on Sponsor's forward-looking statements as a basis to invest.
Importantly, we do not adopt, endorse, or provide any assurance of returns or as to the accuracy or reasonableness of Sponsor's Assumptions or forward-looking statements.
Any reference to historical performance does not indicate future results and should not be considered the primary factor in investment decisions.
Sponsor's securities offering will not be registered under the Securities Act of 1933, as amended (the "Securities Act"), in reliance upon the exemptions from registration pursuant to Rule 506(c) of Regulation D as promulgated under the Securities Act ("Private Placement"). In addition, the offering will not be registered under any state securities laws in reliance on exemptions from state registration. Such securities (your ownership interests) are subject to restrictions on transferability and resale and may not be transferred or resold except as permitted under applicable state and federal securities laws pursuant to registration or an available exemption. All Private Placements on the Platform are intended solely for "Accredited Investors," as that term is defined in Rule 501(a) under the Securities Act.
Nothing presented on this page constitutes investment advice (whether regarding specific securities or overall investment strategies), recommendations, offers to sell, or solicitations to purchase any security. Professional securities advice is strongly recommended to comprehend and evaluate the risks inherent in real estate or private placement investments.
Internal Revenue Code Section 1031 ("Section 1031") involves intricate tax principles, and tax implications may differ based on individual investor circumstances. Anchor1031, LLC and Quincy Wells Capital, LLC provide no representations or warranties regarding the tax consequences of your investment or whether the IRS will accept such tax treatment. Consultation with and reliance upon your personal tax advisor regarding tax implications specific to your situation is essential.
All information is subject to the Sponsor's official Investment Documentation. For more information, including risk factors, view the .
Key benefits and features of this investment opportunity
All information is subject to the Sponsor's official Investment Documentation. For more information, including risk factors, view the .
Acquire the Fund Properties with existing producing wells with upside potential through development that have the potential to produce commercial volumes of oil and natural gas over the next 20 to 30 years
Provide distributions to the Investor Partners from cash flow generated by the sale of oil and gas production generated by the existing wells on the Fund Properties, which will generally be taxable as ordinary income and partially offset from taxation as a result of percentage depletion allowance
Enhance existing production by capitalizing on relatively low-cost opportunities to increase production on existing producing and non-producing wells through strategic reworking, recompleting and building out production infrastructure to maximize operating cash flow and distributions to the Investor Partners
Analyze, target and selectively divest wellbore interests and leasehold interests from the non-operated and certain operated oil and gas assets of the Copia Properties when determined to be non-core assets where sale proceeds may be deployed for further development and potentially increased return on investment
Develop the Florentia Properties through drilling relatively shallow and moderate depth conventional vertical wells (generally 1,500-5,000 feet)
Develop the Copia Properties and its multi-year drilling inventory through drilling and participating (as a non-operator) in the drilling of large-scale unconventional horizontal wells targeting major formations in the Permian Basin, with vertical depths of approximately 8,000 to 11,000 feet and lateral lengths averaging 8,700 to 10,000 feet, with the flexibility to pursue extended laterals up to 15,000 feet or more, depending on the specific project, and selectively drilling developmental conventional vertical wells in the Permian Basin up to 8,000 feet
Provide the potential for the Investor Partners to realize an economic profit on the investment in the Fund, exclusive of any tax benefits, through the sale of oil and gas production generated by the wells and/or a combination of proceeds on sale of the Fund Properties of the Fund
The offering documents below have been prepared and are being delivered by the Sponsor of this investment opportunity.
Get help from our team of investment specialists or use our portfolio builder tool to model this investment in your 1031 exchange strategy.
Offering Type
Partnership Interests
Asset Class
Oil & Gas
Location
Texas & New Mexico
Please refer to the RGP Income Fund II, LP - Private Placement Memorandum for more details regarding distributions and risk factors of the investment.
Renaissance Growth Partners, LLC
Renaissance Growth Partners, LLC was formed on June 19, 2020 as a Texas limited liability company. RGP, along with its Affiliates, comprise a vertically integrated Dallas, Texas-based independent oil and gas company. RGP offers and manages the acquisition, production, development and enhancement of long life, stable producing oil and gas properties to sophisticated investors while implementing strategies to mitigate against the various cycles of the energy markets. RGP will administer and manage the Fund on behalf of the Investor Partners as well as supervise the performance and activities of the operator.
RGP is led by Chad Willis and Brandi Van Loon, who oversee the majority holding company, IStick Capital Management LLC, and have executive management roles at R2Q Operating, LLC, the largest oil producer in Wichita County, Texas, and also a subsidiary of IStick. Since 2003, they have been a part of over 30 acquisition and divestitures. Since 2008, they have transacted over $150 million in acquisitions or divestitures of oil and gas assets located in North and East Texas. They have managed assets in six States, Texas, Oklahoma, Louisiana, New Mexico, Indiana and Illinois. In 2012, their previous operating entity was the 22nd largest oil and gas producer in North Texas according to the Dallas Business Journal. Through their previous investment holdings, they have participated in the drilling of over 300 oil and gas wells since 2003. The assets they have participated in or managed have collectively produced in excess of 25 million barrels of oil equivalent.
For more information, view the .
All details presented on this page are subordinate to and qualified entirely by the comprehensive information contained within the Sponsor's official Investment Documentation. The content displayed here remains incomplete and may be modified by the Sponsor without notice prior to closing. The Sponsor's Investment Documentation and related materials include critical details regarding investment goals, business strategies, potential risks, fees, costs, and additional material information that should be thoroughly evaluated before making any investment decision. The information presented on this page is insufficient for making informed investment choices.
This investment is speculative, highly illiquid, and involves substantial risk. There can be no assurances that all or any of Sponsor's assumptions, expectations, estimates, goals, hypothetical illustrations, or other aspects of Sponsor's business plans ("Assumptions") will be true or that actual performance will bear any relation to Sponsor's Assumptions, and no guarantee or representation is made that Sponsor's Assumptions will be achieved. If Sponsor does not achieve its Assumptions, your investment could be materially and adversely affected. A loss of part or all of the principal value of your investment may occur. You should not invest unless you can readily bear the consequences of such loss. Sponsor's Assumptions should not be relied upon as the primary basis for your decision to invest.
Sponsor is solely responsible for statements made concerning forward-looking statements and Assumptions, which apply only as of the date made, are preliminary and subject to change, and are expressly qualified in their entirety by the disclosures and cautionary statements included in Sponsor's Investment Documents, which you should carefully review. A Sponsor is obligated to update or revise such forward-looking statements or Assumptions to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events. Sponsor's forward-looking statements and Assumptions are hypothetical, not based on actual investment achievements or events, and are presented solely for purposes of providing insight into the Sponsor's investment objectives, detailing Sponsor's anticipated risk and reward characteristics, and establishing a benchmark for future evaluation of actual results; therefore, they are not a predictor, projection, or guarantee of future results. You should not rely on Sponsor's forward-looking statements as a basis to invest.
Importantly, we do not adopt, endorse, or provide any assurance of returns or as to the accuracy or reasonableness of Sponsor's Assumptions or forward-looking statements.
Any reference to historical performance does not indicate future results and should not be considered the primary factor in investment decisions.
Sponsor's securities offering will not be registered under the Securities Act of 1933, as amended (the "Securities Act"), in reliance upon the exemptions from registration pursuant to Rule 506(c) of Regulation D as promulgated under the Securities Act ("Private Placement"). In addition, the offering will not be registered under any state securities laws in reliance on exemptions from state registration. Such securities (your ownership interests) are subject to restrictions on transferability and resale and may not be transferred or resold except as permitted under applicable state and federal securities laws pursuant to registration or an available exemption. All Private Placements on the Platform are intended solely for "Accredited Investors," as that term is defined in Rule 501(a) under the Securities Act.
Nothing presented on this page constitutes investment advice (whether regarding specific securities or overall investment strategies), recommendations, offers to sell, or solicitations to purchase any security. Professional securities advice is strongly recommended to comprehend and evaluate the risks inherent in real estate or private placement investments.
Internal Revenue Code Section 1031 ("Section 1031") involves intricate tax principles, and tax implications may differ based on individual investor circumstances. Anchor1031, LLC and Quincy Wells Capital, LLC provide no representations or warranties regarding the tax consequences of your investment or whether the IRS will accept such tax treatment. Consultation with and reliance upon your personal tax advisor regarding tax implications specific to your situation is essential.
