Frequently Asked Questions
Q1: What is the difference between drilling wells & buying producing wells?
The risk profile.
The risk associated with drilling to discover oil is more expensive and much greater than the risk of buying oil. An Ernst & Young report published in 2016, titled, “US Oil & Gas Reserves Study” underscored this, the fact that it is much cheaper to buy existing wells than to drill new ones, by stating the five-year average was $11.19 per barrel to buy existing production wells versus $20.34 to drill new wells.
Q2: What kind of monthly distribution can I expect with an investment in EPUS?
EPUS targets a 7 to 14% distribution rate with a 7% preferred distribution to all unit holders. Higher distributions are dependent on market conditions.
Q3: What does EPUS mean?
EPOCH (greek) – a period of time in history or a person’s life, typically one marked by notable events or particular characteristics.
TEMPUS (latin)- Time
EPUS is the combination of the words EPOCH which is Greek, and TEMPUS which is latin. This name is support for where we believe energy, oil & gas specifically finds itself today. As we said many times, we feel that this is a generational opportunity.
Q4: How long will my money be tied up?
3-5 year target or when the market dictates a profitable opportunity.
Q5: Are there any tax advantages to investing with EPUS?
Yes. It will differ from partnership to partnership. http://energytaxfacts.com
Q6: Can I invest my IRA money in an EPUS investment program?
Yes via a “Third party administrator” or TPA. EPUS can direct you to very reputable firm.
Q7: What is the minimum investment?
Generally $25,000 to $100,000. This will vary from partnership to partnership.