The Fund
$51,200,000
Following the successful exits from WRP I, WRP II raised approximately $56 million and invested in several projects between 2011 and 2014. The projects included: (1) a drilling program in the Anadarko Basin of Oklahoma (Luther Cleveland Project), (2) a leasebank development program in Scurry County in the Permian, West Texas, in partnership with Trilantic Capital Partners and Riverstone Holdings (Chaparral Project), (3) a state-of-the-art gas gathering midstream system in Oklahoma, and (4) a premier oilfield services company serving the Anadarko Basin (Best Well Services). These acquisitions were made before the energy market downturn from 2014 to 2017, during which WRP II experienced a decline in asset value due to significant declines in commodity prices. The Fund continued to reinvest available working capital into newer projects, such as our non-op Bakken project and the DJR San Juan Basin projects, to enhance future returns for WRP II investors.
Fund Closed
December 31, 2012
Total Return
12%
ROI w/ Tax Benefits
32%
Securities are offered through Waveland Capital Partners LLC (member FINRA/SIPC), an affiliate of Waveland Resources LLC.


