Texas Energy Group, LLC (TEG) Affiliate Announces Release of First Reserve Report
Summary
Spicewood, TX, March 26, 2015 --( As part of SEM’s transparency commitment to their partners, they engaged the services of J. Lam, a Texas based oil and gas consultant, to conduct their 2014 3rd party reserve report analysis on each of their managed LPs.“I am very pleased to announce that with only a small deployment of approximately 6.8% of SEFI’s total capital raise in 2014, we have still been able to generate a PV10 value that would return just over 22% ROCE given an immediate divestiture,” stated Waylan Johnson, President of TEG and SEM.TEG and SEM have a long history of engaging the services of many top tier providers ranging from legal, due diligence, banking and accounting to ensure complete transparency for its partnerships and partners.Also, Texas Energy Group, LLC., its officers, principals, employees, agents, subsidiaries, affiliates and consultants, and the other parties, investors, and partners involved in any properties, programs and TEG activities have conflicts of interests.Also, Texas Energy Group, LLC., its officers, principals, employees, agents, subsidiaries, affiliates and consultants, and the other parties, investors, and partners involved in any properties, programs and TEG activities have conflicts of interests.