Oil Fund POC Proven Oil Canada
Significant yield increase by small loan, additional potential with Berlin acquired, November 24, 2010. Actually, it was a surefire”, for which investors would not expand significantly his income at an already well traded investment with little effort. In this respect, the management of Berlin-based fund company POC proven oil Canada GmbH at the result of their circulation procedure under the Fund subscribers of one GmbH & co. KG (POC 1) POC was not disappointed also. Because they decided $ (CAD), which could be covered easily with an overwhelming majority for taking out a loan from 4.4 million Canadian. Hereby, a future additional potential is tapped $ 27 million. This is equivalent to up to 5 percent more in dividends per year “, explains POC Director Monika Galba and makes the following statement: currently, the POC 1 has a production capacity of 1,600 barrels of oil per day.
By means of additional measures now by an amount that just once is equivalent to ten per cent of the original Fund, would come to 500 barrels of oil to do so, which corresponds to an increase of 30 percent and this. Distributions generated for investors right now are 19 percent per year after taxes. In the future our investors on annual payouts of more than 20 percent will enjoy”, the POC Director summarizes this. The additional reserves, known as upside potential, are potential revenue for the Fund. In the forecasting of the Fund and therefore the purchase price of the sources that only experts proven reserves are taken into account. This means that it is assumed that 20 to 35 percent of the existing olvorkommens can be obtained. Beyond oil reserves can be extracted but also through advanced techniques or connection holes. For this reason it is POC proven oil Canada important to acquire the rights to do this, also if this no brings additional costs.
For example, an additional could be purchased at an investment area of the POC 1 in the purchase price of approximately 20.1 million CAD without additional costs upside potential, which is likely to lead to a doubling of the total potential according to experts. Overall, we currently at four oil and gas fields, which include investors, invest another $ 30 million and additional revenue could generate”, so Galba. This clearly shows what potential has so far acquired sources. But also currently in the placement of the POC two GmbH & co. KG respects the Fund management meticulously, to acquire additional reserves in addition to the certified production (proven production). Thus considerable additional potential was acquired for this Fund in the four previously-made oil and gas area transactions with. For this reason and because currently the prices for similar sources in the region grow considerably, we decided the Fund in terms of costing accuracy at one 28 million to close. Customers such as consultant know exactly on what they are getting into”, this explains the Fund Managing Director. So far anyway, still of this residual contingent a chance to benefit. Information about the company: