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Because of the risk involved in oil and gas partnerships, only those individuals who qualify as “accredited investors” may participate in one of our Joint Ventures. An accredited investor is defined as an individual who satisfies at least one of the standards listed below.

1. An individual whose net worth (excluding the value of your primary residence) and personal property, over total liabilities, individually or in addition to that of his or her spouse at the present time exceed $1 million

2. An individual who has had income in each of the two most recent years in excess of $200,000, or joint income with his or her spouse in excess of $300,000 in each of the two most recent years, and reasonably expects the same income level in the present year

3. An entity in which all of the equity owners are accredited investors

4. An individual or entity that may otherwise be deemed an accredited investor as that term is defined in Rule 501(a) of Regulation D as promulgated by the Securities and Exchange Commission

 

Disclaimer: A portion of the information provided herein constitutes forward-looking statements. These statements relate to future financial performance or results. You should review this information carefully because it contains Gulf Coast Western's future expectations, and while Gulf Coast Western believes that it is important to communicate these expectations, this information provides only estimates of future performance or results. Actual performance or results may not meet such expectations and may differ materially. In evaluating these forward-looking statements, you should consider various factors that may cause actual performance or results to differ materially from those expressed in any forward-looking statements contained herein. Although Gulf Coast Western believes that the expectations reflected in the forward-looking statements contained herein are reasonable, it cannot guarantee future results, levels of activity, performance, achievements, or events. Moreover, Gulf Coast Western does not assume any responsibility for the accuracy and completeness of such forward-looking statements in the future. Gulf Coast Western does not plan to update any of the forward-looking statements made herein to conform such statements to actual performance or results.

 

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