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Frequently Asked Questions - Petrolium
About the company and its legitimacy
Is the company registered? Yes, we are registered in Wyoming under the name CODESPLIT TECH LLC, with Tax ID 33-1665096.
Is it regulated by any official financial institution? As an operating company, we are regulated by the Texas Railroad Commission.
Can you provide me with your registration number or licenses? Of course, our Tax ID is 33-1665096, completely verifiable.
How long have you been operating in the market? We have five years of experience in the oil sector.
Do you have references or success stories with other investors? Although this is the first time we have fractionated an oil well, we have several success stories in the sector.
Where are your main offices located? Our offices are located at 1000 NW 57th Ct, Suite 250, Miami, FL 33126.
About the business model
How does the oil well fractionation process work?
- Evaluate the total value of the asset.
- Divide it into fractions, each with a minimum value of $100 USD.
In which stages of the oil sector do they invest? We focus on oil exploration, exploitation and production.
What average annual return have they achieved? Our returns have ranged from 20% to 40% annually.
About the risks
What are the main risks associated with this investment?
- Exploration risk: Reduced by fractionating wells already in production.
- Fluctuation in the price of a barrel: We operate in the United States, where prices are more stable.
How do you handle periods of low oil prices? We close the extraction valve until the price exceeds $50 USD per barrel.
What happens if the company faces financial difficulties? We do not use financial leverage and each well is an underlying asset with market value.
On the terms of the investment
What is the minimum and maximum investment amount? The minimum is $100 USD, and the maximum corresponds to the total value of the pot.
How long should I hold my investment? The minimum term is three months.
Are there any costs or penalties for early withdrawal? Early withdrawals are not permitted, so there are no associated penalties.
On transparency and security
How do you ensure the safety of my money? Money is backed by underlying assets, such as the oil well, with verifiable records.
How can I monitor my investment? Through monthly reports sent to your email and a biweekly information section on our platform.
Contact and support
Mail: info@petrolium.com
WhatsApp: +1 (786) 989-3396
On the oil market
In what specific segments of the oil market does the company operate? We work in the production, machinery and restructuring segments.
About operations
What percentage of investment is allocated to exploration, development and production? Currently, the entire percentage is allocated to production wells.
How are proven and probable reserves certified in the projects in which you invest? Through studies issued by private companies.
What technologies do you use to optimize production and reduce operating costs? Because the wells are exploited by natural flow, exploitation costs are low.
What impact do environmental regulations have and how do they affect projects? If the necessary environmental permits are not available, the well cannot be exploited.
On sustainability and the future
How do global energy transition policies impact your operations? They do not directly affect our operations, but they can influence the value of a barrel of oil.
Are you exploring renewable energy investments as a diversification? Not at the moment.
On legal and technical guarantees
How do you ensure the technical quality of geological and engineering assessments? Through detailed and certified studies.
Do you have insurance or contingency funds in case of environmental disasters or accidents? Yes, each well is insured as required by Texas state regulations.
Questions to validate your experience in the sector
Do you have interests in mature or high-potential fields? We specialize in mature fields, which allows us to maintain stable production after declining barrels per day (BOD).
Which associated companies or strategic partners have experience in the sector? We work with Third Energy And Oil, a strategic ally with more than 15 years in the market.
What is the background of your managers and technical teams in the oil industry? Most of our managers and geologists have more than 30 years of experience in the sector.
Can you provide recent studies or technical reports on your projects? Yes, the studies are available on our website, in the Documents section.
On well evaluation and planning
What type of well are you drilling: vertical, directional or horizontal? Depending on the opportunity, we use any of these options.
About drilling
What is the average depth of the wells in this project? We work in shallow fields, with depths between 2,000 and 4,000 feet.
On completion of the well
What type of artificial lift systems do you use (mechanical pumping, gas lift, ESP)? We use any of these systems depending on the opportunity of the well.
About production
What is the expected initial production (IP) rate of the well? Since we work with mature fields, production is stable throughout the life of the well.
What production decline do you project in the first 12 months? As the decline has already occurred in mature fields, production is stable.
On technology and monitoring
Do you use real-time monitoring systems to monitor well operations? Yes, our fields have monitoring systems and security cameras 24/7.
About the company's location and operations
Can you provide me with the physical address of your main offices? We are located at 1000 NW 57th Ct, Suite 250, Miami, FL 33126.
In which countries or regions does the company currently operate? Due to regulations, we welcome investors from Latin America, Europe and Asia.
Where are the oil wells or specific assets to be invested in located? In the state of Texas.
Can I get a copy of the contract or terms and conditions of the investment before I commit? When making the transaction on our website, you must accept the terms and conditions previously established.