Fintech Opens Shale Plays to Investors

June 20, 2019 | FinTech
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Accredited investors looking for shale exposure can do so online

Shale investing is no longer an exclusive club open only to industry insiders. EnergyFunders, which claims to make direct energy investing easy, presents selected and vetted oil projects on a transparent, data-driven platform.

Accredited investors can press a button to buy a stake in a well.

The investor gets paid when the well enters production.

Energy investing no longer restricted to stocks

Houston, Texas-based  EnergyFunders was founded in 2013. Projects eligible to list on the platform must come from oil and gas operators with a proven track record and after a thorough internal review.

“EnergyFunders will be the very first online funding platform to finance the development of a shale play through public retail financing,” said Reed Stiles, Vice President of Upstream for EnergyFunders. “Typically, shale play projects could only be accessed by investors who were already very well connected in this space. Even the wealthiest investors would need specific industry connections to get a seat at the table. We’re proud to reach this milestone.”

Tie-up with Rocket Dollar

EnergyFunders is partnering with financial platform Rocket Dollar so that the latter’s members and EnergyFunder investors can roll over a 401(k) or IRA to invest in oil and gas.

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