What would I own?
Ask what interest is being offered and which documents define your rights. Different structures can carry different obligations.
For investors
Understand the work. Then the investment.
New to oil investing or bringing years of experience? Get to know Independence Energy, explore the questions that matter, and start a conversation with our team.
Where are you starting?
Pick the path that fits. Both lead to the same place: a direct conversation and your own independent review.
You don’t need to arrive knowing every term. Start with three questions.
Where would the money go?
Understand the proposed use of funds, fees, and costs. Ask how those costs affect the money available to investors.
What could change?
Discuss operating risks, possible additional funding, and restrictions on selling your interest. Know what a difficult outcome could mean for you.
Bring your questions. Look for the evidence. These are questions to ask, not a list of materials currently offered by IE.
Production & operating history
Which dated records support the operating story? Separate measured results from projections and identify the assumptions behind proposed improvements.
Ownership & decision rights
Which entity or interest would you own? What do the governing documents say about voting, transfers, and responsibility for costs?
Costs & use of capital
How are operating expenses, fees, and proposed work budgeted? What is paid to related parties, and what further funding might be required?
Distributions & reporting
How are distributions determined? Ask what reporting is provided, how reserves are handled, and what could delay or reduce payments.
Obligations & exit
What liabilities attach to the interest? Review transfer restrictions and any long-term obligations with your own legal and financial advisers.
Understand the downside, too.
Private oil and gas investments can involve loss of the entire investment and may need to be held indefinitely. Discuss suitability with an independent adviser before deciding.
Read the SEC’s guide to private oil and gas offeringsThe terms, in plain English.
You’ll hear these words in almost any oil and gas conversation. Here is what each one means.
- Working interest (WI)
- A share of the right to drill and operate on a lease. Working-interest owners pay their share of the costs to drill, operate, and maintain the wells.
- Net revenue interest (NRI)
- The share of production revenue an owner receives after royalties and other burdens are paid. It is usually smaller than the working interest.
- Royalty interest
- A share of production revenue, usually held by the mineral owner, that does not carry the costs of drilling or operating the wells.
- Lease operating expenses (LOE)
- The ongoing costs of running producing wells, such as power, field labor, repairs, and water handling.
- Joint interest billing (JIB)
- The statement an operator sends working-interest owners showing each owner’s share of the costs on a lease.
- Division order
- The document that records each owner’s decimal share of production revenue so the purchaser can pay them.
Tell us where you’re starting.
Whether you’re learning about oil investing or have participated for years, introduce yourself and tell Matthew what you’d like to understand about Independence Energy.
Introduce yourself
Tell Matthew where you’re starting and what you’d like to understand about Independence Energy.
Talk it through
Ask about the business, the field work, and how owners are kept informed.
Review with your advisers
Discuss suitability with an independent adviser before deciding anything.
No commitment is made by getting in touch.
Matthew Layton
President, Independence Energy LLC
- Phone
- (661) 809-6944
- Address
- 1396 S. Dakota Rd., Iola, KS 66749
This page provides general company information and education. It does not describe a specific offering, establish eligibility, or provide investment or tax advice.
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