Choose your risk / return profile. We will structure to your preference.
DOWNSIDE PROTECTION
Term ORRI
For: Yield-seeking, capital preservation
1.8× capped over ~3 years
Target IRR ~23% base case. Monthly cash from production. Capped at $18M total per $10M invested.
TICKET RANGE
$250K – $2M
HOW IT WORKS
Recordable Oklahoma royalty deed. You receive 20% of gross production revenue, paid first, until you reach 1.8× your check.
TIMING
First cash within ~6 months. Most capital returned within 3-4 years.
MAIN RISK
If wells produce nothing, you receive nothing. Returns capped at 1.8×.
Ideal investor: Family office wanting debt-like security with above-debt yield. 1099-MISC, no K-1.
EQUITY UPSIDE
Class B Units
For: Growth-seeking, accepts illiquidity
3-5× MOIC over 4-7 years
8% pref + 80/20 promote after capital return. Full participation in 6,400-acre re-rating.
TICKET RANGE
$1M – $5M
HOW IT WORKS
Non-voting Class B Member Units. Sponsor (Class A) keeps operating control. Investors get the economic upside.
TIMING
First distributions after pilot proves up (~12-18 months). Target exit: strategic sale 3-5 years.
MAIN RISK
Last in line on cash. If pilot fails, capital may not be returned. Long hold.
Ideal investor: Sophisticated O&G investor or family office that understands waterflood economics.
STRUCTURED CREDIT
Custom Debt
For: Family office credit / private debt
10-12% coupon target
Senior secured or convertible note. Terms structured per investor.
TICKET RANGE
$2M – $15M
HOW IT WORKS
Senior secured note backed by working interest, convertible note that flips into Class B at pilot close, or custom paper.
TIMING
Cash coupon paid quarterly or at maturity. Term 24-48 months.
MAIN RISK
Subordinated to operator's first lien if any. If unsecured: pari passu with senior obligations.
Ideal investor: Family office that lends, prefers fixed income. Convertible suits equity optionality.