Investment Opportunity
Werrus AquaMarine is seeking to raise $15 million as the final prerequisite to commencing drilling operations at its first drill-ready location in Main Pass 295 on the Gulf of Mexico shelf offshore Louisiana.
Near to infrastructure and free from liabilities, AquaMarine’s assets are located in a prolific super basin and managed by a world-class team ideally equipped to quickly, safely, and profitably bring the project to commercial success.
The investment opportunity with Werrus AquaMarine represents a unique, low-risk, high-probability vehicle to play the Gulf of Mexico and potentially generate paybacks at the speed of shale but recovering as much as 7 to 10 times the resource.
Proposed Investment
1-Well
Program
A USD 15mn commitment is sought for a one-well program on Block MP295.
90%
Production
Profits
Our partner will receive 90% of production profits in each well before payout and 50% thereafter.
50 %
Ownership
Upon investment commitment, our partner will receive 50% ownership in Werrus AquaMarine’s entire portfolio (3 blocks).
Investor/Partner Returns*
17-32 months payback
3.6 x 10 Year MOIC / 55% IRR (unlevered)
*Management estimations are based on certain assumptions.