Bitcoin Forum

Are you sitting on a bunch of BTC and you need to diversify? Invest it with our partners and we'll get you into oil and gas directly from Bitcoin! This is a follow up offering to what was a world first! These particular well prospects are located in Runnels County, Texas.


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Here was our first BTC for Oil & Gas Working Interests in Texas which was announced on Twitter on Dec. 2:

https://bitcointalk.org/index.php?topic=361598.0

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Looking to diversify from virtual currencies to tangible items? Since the first offering was such a success, we're offering another round!

Bitcoin has helped bring together world experts in various fields. When you combine the Group Buy Forum's largest Miner Cooperative - DyslexicZombei's Miners Cooperative - with bobsag3's Miner Hosting LLC and Balanced Energy, LLC one of the most innovative and forward looking small oil companies in Texas: Balanced Energy LLC, you come up with opportunities for new cryptocurrency ventures, and great deals like this one!

We are trying to connect the world of Bitcoin to natural resource development projects. Be part of investing with the first company to take cryptocurrency for working interest, you can now invest Bitcoin directly into an oil well of your very own in Texas!

On a first come first serve basis, and if you missed out on our first offering which sold out, ownership is wide open for these particular well prospects. There is always a risk for a dry hole.

We get a finder’s fee for hooking you up with the deal.


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If you are an Accredited Investor interested in participating and the following statements apply to you please contact us:

A. Participant has experience and knowledge of finance, securities and
investments generally so that Participant is familiar with and understands the
terms, risks and merits of participation in this Prospect;

B. Participant is an oil and gas exploration company engaged in exploration for oil
and/or gas, or, alternatively, Participant represents that he, she, or it is
knowledgeable and understands the risks associated with oil and gas exploration;

C. Participant has entered into this Agreement without solicitation and
acknowledges having received, reviewed and understood all of the information
with respect to the interests offered herein that has been requested by Participant
or offered by Balanced Energy;

D. Participant acknowledges a net worth in excess of ten times the amount of its
investment herein and represents it has the financial capability to withstand the
entire loss of Participant’s investment.

E. Participant has the legal capacity and authority to enter into this Agreement and
that upon execution hereof, this Agreement will be binding on Participant in
accordance with the terms hereof.

F. Participant has conducted such independent investigations as either Participant
or Participant’s representatives deem necessary in order to evaluate the merits of
an acquisition of an interest herein.

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North Guitar, Runnels County, Texas Prospect packet (3.5MB): https://www.dropbox.com/s/gdeijle1fm6sp1x/North%20Guitar%20Prospect%20Packet.pdf

North Guitar Participation Agreement: https://www.dropbox.com/s/wbgducf69qg2cdt/North%20Guitar%20Participation%20Agreement.pdf

http://balancedenergy.co/
http://dzminercoop.com/

Please make sure to read this prospect packet and participation agreement before investing in this BTC for Oil and Gas offering #2.
Please send a PM to thomas_s. or myself for follow up questions.

I'm liking what I see in the prospectus, any chance you can say how much a share is worth?

Edit: Misread the initial post which said to contact you or Bobsag3 for more info. Will be sending a PM shortly.

Hey floatyfish,

Thanks for reading!

Here's what's available:

There are 12 shares available at about $50K each. Details as follows:

- $50,065.00 for 1/16 of two wells which is a 6.25% Working Interest. This is known as the cost of the project.

- Each share is worth 4.6875% Net Revenue (ie. the share of the profit) of this offering.

There's always a risk of a dry well but a working well can payout for 10-20 years in most cases versus 6-12 months for the typical ASIC rig.

Ah nuts, just a little more BTC than I have right now (by a factor of 60 lol). Still, keep doing this stuff, I love to see BTC services expand.

Congratulations to those that bought shares in our #1 Offering last month: Bitcoin for Oil and Gas Working Interest!

Oil was hit and payouts are expected to be $5K a share a month! Who knows how long these wells will last, but they'll be producing payouts for many years if all goes well.

Not too bad for a $31.5K per share investment! [Tip: You can look at the middle of the info packets for graphs of typical production curves]

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Let's hope that the #2 Offering, in North Guitar, TX, also has the same luck.