Tuesday, September 9, 2008

dvcf oil & gas fund

The DVCF one Billion Oil & Gas Fund is an open ended unit trust scheme designed to enable investors to pool fund together for investment in the oil & Gas sector and Venture Capital Finance. The Fund was first launched in october 2006 and was successful. The approval of the offer by the Securities & Exchange Commission in march 2007, flagged off the investment of the proceeds into projects and to date the fund has recorded a profitable performance.

PURPOSE
The fund is targeted at project Management/Funding in the Oil & Gas sector. Its application encompasses Venture Capital Finance, Project Engineering Designs, Fabrication and Installation, Marginal oil field/farm out arrangements and Manpower Provision, Capital and Money market Operations. The local content market is over N12 billion per annum and this is the niche that DVCF Fund is actively involved in.

STATUS
The Unit Trust Fund under management presently is over N427 million. We are pleased to mention that the fund has taken a core investors equity stake in Precious Mines and Mineral Processing Company with an investment of N90 million. Also the fund has 49% in a Waste Management Company, The Initiates Ltd and 95% in Oil Producing Company, Wellhead & Gas nig. Ltd

PROFITABLE OPPORTUNITY
Investors are assured of safety of principal, superior return on invesment and projected rate of 26% per annum. The current price for a unit is N1.45k.

HOW TO APPLY
Simply visit our website on www.dvcfonline.com. complete and submit the online applicatin form. Pay into any of the designated bank accounts and send the details of your payments to 08055770893, 08035551616 or e-mail or scanned copy to fund@dvcfonline.com, lanraycity@yahoo.com or lanrayzity@gmail.com
You can as well visit any of our branch offices, complete and return the application form with a coy of your teller. The minimum initial investment is N5,000.