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INVESTMENT ANALYSIS
DOCUMENT
FOR
VENTURE OIL
INVESTMENTS LIMITED
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NOTICE TO RECIPIENTS
This Information is provided to inform Authorised “High net worth companies”, unincorporated
Financial Advisors about a specic alternative associations, partnerships or trustees of high value
investment, its structure and the detail surrounding trusts’ within the meaning of article 22 of the CIS
the investment. Exemption Order;
This information is not produced or intended for “Sophisticated investors” within the meaning of
members of the public or general circulation. Only article 23 of the CIS Exemptions order as amended
authorised and regulated advisors are able to provide by the Financial Services and Markets Act 2000
investment advice to their clients whom they know (Financial Promotion and Promotion of Collective
to be certied sophisticated investors. Investment Schemes) (Miscellaneous Amendments)
Order 2005.
This document details an alternative investment
through the purchase of shares in an unquoted A “sophisticated investor” for the purpose of article
company. 23 of the CIS Exemptions Order as amended by the
Financial Services and Markets Act 2000 (Financial
Prospective investors must rely on their own Promotion and Promotion of Collective Investment
examination of the legal, taxation, nancial and other Schemes) (Miscellaneous Amendments) Order
consequences of any contributions made in this 2005 is someone:
investment including the risk involved. Prospective
investors should not treat the contents of this Who has a current certicate in writing or other
information as advice relating to legal, taxation or legible form signed by an authorised person (other
other matters and, if in any doubt about the proposal than the authorised person by whom the Information
discussed in this information, its suitability, or what Memorandum is communicated to the eect that
action should be taken, should consult a person he is suciently knowledgeable to understand the
authorised and regulated by the FSA under The risks associated with participating in unregulated
Financial Services and Markets Act 2000 (“FSMA”) schemes (other than the authorised person by whom
and qualied to advise on alternative investments of the Information Memorandum is communicated);
this nature.
and;
Accordingly, where this information is communicated
by any person who is “authorised “under FSMA to Who has signed within the period twelve
any other person, it is to be so communicated only months before the day on which the Information
to (and directed only at) persons to whom such Memorandum is communicated, a statement in
communication may lawfully be made (“Relevant the term prescribed by article 23(1)(b) of the CIS
Party and “Relevant Party” shall be construed Exemptions Order as amended by the Financial
accordingly), including (but not limited) to: Services and Markets Act 2000 (Financial Promotion
and Promotion of Collective Investment Schemes)
“Investment professionals” who have professional (Miscellaneous Amendments) Order 2005.
experience in participating in unregulated collective
investment schemes within the meaning of article 14 This information can only be provided to persons
of the FSMA (Promotion of Collective Investment where the nancial promotion is exempt from the
Schemes) (Exemptions) Order 2001, as amended nancial promotions restrictions.
(the “CIS Exemptions Order”);
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CONTENTS PAGE
INTRODUCTION
EXECUTIVE SUMMARY
SUMMARY OF INVESTMENT
VENTURE INTERNATIONAL
SYNDICATES
INVESTMENT STRUCTURE
RISK FACTORS
CONTACT DETAILS
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INTRODUCTION
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EXECUTIVE SUMMARY
Venture Oil Investments Limited (V.O.I.L.) Investors are given the opportunity to purchase
has secured a forward purchase option on an exact number of barrels of oil (in allocations
an exact quantity of crude oil in the ground of 250 barrels) from the reserves of established
in Oklahoma USA at a low xed price of oil wells. When the investment is made, the
$48.00 USD per barrel, the returns of investor receives an allocation of shares in
which are prepaid over a xed term of 7 V.O.I.L. comparable to the level of investment
years (84 months). made.
The contracted operator, with whom V.O.I.L. further protects the interest of
V.O.I.L. engages, guarantees the 1/84th of investors as V.O.I.L. has its interest registered
the oil purchased shall be extracted each on title and an Ownership Certicate is issued
month, and sold to the renery on behalf of identifying the specic investment made, under
V.O.I.L. whom then receives payment at the the forward purchase contract.
current crude oil price per barrel on behalf
of the investor. Investment in Venture Oil Investments Limited,
starts at a minimum purchase of 250 barrels
Each investor is issued with a quarterly of oil in the ground at a cost of $12,000 USD
production payment from the proceeds of with further increments of 250 barrels, with no
that sale. (The oil is sold according to the maximum restrictions. Although the purchase
average price of Oklahoma Sweet for the of the oil in the ground conveys title to that oil,
specic month). the extraction and sale of the oil is a contracted
arrangement between V.O.I.L. and its Operator
Partners.
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SUMMARY OF INVESTMENT
rate for “Oklahoma Sweet”. Income from the The current price of Oklahoma Sweet as of
sales is received each month into Venture Oil January 8th 2012 is $96.19 per barrel.
Investment Limited as a cash payment which in
turn is paid to investors quarterly in arrears. In July 2008 prices reached $147.00 USD per
Production Payments
Venture Oil Investments Limited will issue a
regular quarterly payment to investors in US
Dollars. Payments will be made via SWIFT
Transfer; additionally V.O.I.L. will issue to
investors a quarterly production report
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SUMMARY OF INVESTMENT
FINANCIALS
(2) Price
In simple terms the higher the price the better
for oil well investors. In July 2008 prices were
$147 USD per barrel. Prices today remain
stable around the $80 to $90 USD range with
many experts predicting the oil prices will rise
and exceed the previous highs of 2008 during
2011. The International Energy Agency (IEA)
stated that Global oil product demand for 2010
and 2011 is revised up by an average of 320
kb/d on higher-than-expected submissions,
reecting buoyant global economic growth and
cold northern hemisphere weather. Global oil
demand, assessed at 87.7 mb/d in 2010 (+2.7
mb/d year-on-year), rises by 1.4 mb/d to 89.1
mb/d in 2011..
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VENTURE INTERNATIONAL
SYNDICATES
corporate entities. who will remain the syndicate managers for the
investment made into Venture Oil Investments
Venture International has access to Limited.
professionals and experts within the industry and
can source excellent o-market opportunities. Venture International has a formalised syndicate
Venture International are then able to oer legal structure.
syndicate participation to its investor clients.
Venture International has representative
An essential element of securing a high-quality oces in Dubai, Bahamas and the UK, which
investment is a thorough due diligence process. provides for global access to essential support
But this costs money and is often too expensive and expertise.
for the individual investor.
Venture International team members are all
By sharing the due diligence costs, investors committed to total customer support and
can have access to the experts through Venture satisfaction.
International to ensure that the investment
purchased is sound.
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VENTURE INTERNATIONAL
SYNDICATES
Investment Objective
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INVESTMENT STRUCTURE
The structure is simple, an oshore limited for 250 Barrels so the maximum amount of
liability company divided into equal shares, and shareholders per syndicate is 4.
a company resolution to buy a single real asset
(1000 Barrels of oil) within certain investment Annual Costs
guidelines. The Articles of Association of this
Company are standard for most jurisdictions, Venture International Holdings Limited
and are based on English Common Law. Syndicate Managers fees are xed annually at
1% of the annual revenue. An additional annual
On full subscription the Syndicate Company xed fee of £500.00 GBP per syndicate, is
eects the purchase contract of 1000 barrels payable from income received and covers
of oil from the contracted operator outright the oshore registration costs, and annual
and debt free, further more the shareholder reporting mechanisms of the company. Both
agreement prevents the directors from costs are charged annually in arrears and met
raising debt on the asset without a majority from the income received into the company.
shareholding vote to do so. This further protects
the interests of investors. Investment Returns
The main element to this investment is a real All projected investment returns in this
and tangible asset in the form of a forward information have been calculated after allowing
purchase contract in oil producing wells. for all the costs shown in this section, but
before any UK taxes payable by direct investors
themselves.
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The following summary is a guide for investors The net asset value of the investors assets held
considering whether to invest in the Syndicate within the Syndicate Company will form part of
Company. It is not specic advice for any the estate for inheritance tax purposes if the
investor and any such investor requiring such investor is liable to UK inheritance tax.
advice should speak to their specialist advisors.
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RISK FACTORS
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Volatility in economic growth rates, oil prices, Whilst the shares in the Syndicate can be sold
investment values and exchange rates may at any time following purchase (subject to the
aect returns as a result of their impact on the majority vote of its shareholders) the price that
performance of the investment. will be attained when shares are sold will be
heavily dependent on a number of factors, most
of which are detailed within this report. The
Currency better the performance of the income revenue
at the time of sale, the higher the sale price will
The deposit into the investment is made from be. The sale of shares will be dependent on a
Sterling into US Dollars. Returns are paid into number of factors including market liquidity
the Syndicate Company in US Dollars. There are and economic conditions at that time.
inherent risks in any exchange rate dependent
investment. Should the UK Pound against the
US Dollar be stronger the return will be greater. Liquidity
Should the UK Pound against the US Dollar be
weaker the return will be less. (This assumes Though this investment is structured through
that all other variables are constant). the purchase of shares in a company, the asset
behind the investment is oil which is of a less
Investors should consider the current risk liquid nature than some other asset classes.
associated with this investment over the The investment period is for the xed term of 7
lifetime of the investment, as well as the years (84 months).
political considerations associated with these
jurisdictions and how they might aect these If an investor wishes to sell their shares prior to
interacting exchange rates. the end of the investment term, then additional
costs may have to be met by that investor, such
as share valuation and administration costs.
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SIPP Investor
In the event of the death of a SIPP investor
on whose behalf shares are held within their
SIPP, the directors of the Syndicate Company
will endeavour to establish an internal market
for the purchase of the shares amongst
current shareholders. In the unlikely event that
no buyers can be found within 3 months of
notication of an investor’s death, the director
may oer the shares on the open market or to a
new investor at a fair market price.
specie payment”.
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RISK STATEMENT
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Verication
In accordance with the Money Laundering
Regulations 2003, we will require verication
of the identity of every potential investor
and any authorised intermediary acting for a
prospective Investor. Any forms submitted
must be completed in full and the payment
mechanism must be adhered to strictly.
Rejection
Any potential investor not meeting the
requirements will have their application rejected
as we are under a legal duty to comply with the
Anti-Money Laundering Regulations.
Compliance
All investors should complete the application
forms fully and comply with the information/
requirements stated therein.
Warranty
Completion of an application form warrants
that all cheques forwarded by an investor will
be honoured at the rst presentation.
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