Inland Mid-Continent Corporation
About this raise: Inland Mid-Continent Corporation is raising funds through Reg A+ crowdfunding with Rialto Markets as the Broker-Dealer. The company is a mineral lessee of oil and gas leases in its project areas. The project areas of Inland Mid-Continent Corporation include deep wells close to known hydrocarbon production and are inexpensive to drill. Overall, Inland Mid-Continent Corporation is the lessee of 91 mineral leases with a gross leased area of 1,520 acres. The current crowdfunding campaign has a maximum target of $10 million. The campaign proceeds will be used for well drilling, lease acquisitions, and startup expenses reimbursement.
Investment Overview
Deal Terms
Company & Team
Company
- Year Founded
- 2016
- Industry
- Energy, Power, & Natural Resources
- Tech Sector
- Distribution Model
- B2B
- Margin
- Low
- Capital Intensity
- High
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
02/02/2024 | Rialto Markets | $11,500,000 | - | Equity - Common | Not Funded | RegA+ |