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- Clarke Energy Fund Management, LLC. 3900 Westeree Parkway Suite 300 Richmond.

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804-487-8368

# FAQ

### Frequently Asked Questions and Answers

#### When can I expect investment returns to start?

The timeline for investment returns in oil and gas projects depends on several factors, including the stage of development, drilling and production schedules, market conditions, and production. The initial fund raising process can take anywhere between 6-12 months. It can take 1 month to drill the well. And, an additional 2-4 months to begin receiving distributions. It is important to note, any fund placed in an oil and gas prospect is illiquid and should only be invested if your financial position allows.

#### Why do I need to be an Accredited Investor?

Clarke Energy Fund is a private placement offering having filed Form D, Rule 506 with the SEC. Under this rule, CEFM may offer and sell securities to an unlimited number of accredited investors.

To learn more about being an accredited investor, check out this article from the SEC.

#### When does well-generated income begin?

Typically, well-generated income begins 4-6 months after drilling a successful well. To learn more about what goes into drilling a well, click here?

#### How long has CEFM been operating?

Clarke Energy Fund Management, LLC is a Virginia limited liability company that was organized February 1, 2007 to be the Managing General Partner. CEFM is currently the managing partner of Clarke Oil and Gas JV. Click here to see the Virginia SCC filings for CEFM and COGJV

#### Where are your wells located?

So far, all of our wells have been located domestically within the Continental U.S. with the majority being found in the highly productive Gulf Coast area of Texas and Louisiana.