Ritchie Lease + Equipment Project
News about Ritchie Lease + Equipment Project - Last updated August 21, 2019
|Payment of returns from projects offered by Texas Shallow Oil.
In this message we will inform those who have projects with this operator about how the payment of dividends will go from the projects.
1. Dividends will run separately from other oil companies where we have the administration, this is because this operator has some subcontractors who require payment by a certain deadline as a result before 10th of each new month.
2. This means that when we have vouchers and deposit in our dividend account at the end of each month, we make the final vouchers like all investors to see through the project news pages of the individual projects.
3. A complete PDF file is created containing a summary of all the projects that are with this operator, so it is easy to find the project (s) with the participant and see if there is positive or negative operating result for the current production month, this will also appear in the upper-right corner of each settlement document we have made.
4. When the settlement documents are ready, these will be posted under project news on all the projects, then an email will be sent out to everyone that these are now ready, and so you have to log in and look through them, as soon as our mail is received. If there is an operating deficit for one month, you must follow the instructions on the individual settlement document, all positive dividends will be paid through us at the end of the current month, as these are paid simultaneously with the other oil companies, so everything made in a working process when paid
TEXAS SHALLOW OIL & GAS LLC
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