USEDC 2016 Drilling Fund LP
Built from the SEC filing index the day the filing landed. The figures below are the issuer's own from Form D; AltStreet's analysis, sponsor link and data flags follow when the entity is enriched.
Raised
$50K
Investors
—
Min Invest
$50,000
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What this filing shows
·Every sentence is a value as filed on SEC Form D
USEDC 2016 Drilling Fund LP is a Delaware limited partnership organized in 2016 that first filed a Form D on December 15, 2016 and most recently amended it on January 9, 2017 in the Oil and Gas industry group. The offering claims Rule 506(b) and covers equity. USEDC 2016 Drilling Fund LP reported $50,000 sold of a $100,000,000 total offering as of the Form D filed January 9, 2017. The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $50,000. The Form D names Mark Cecil (CRD 1637259), associated with Ameritas Investment Corp. as the recipient of sales compensation soliciting in DC. Sales commissions are reported as $10,000,000 and finders' fees as $0. Form D allows these to be estimates. The issuer's address of record is 2350 North Forest Road, Getzville, NY 14068.
EDGAR Filing Data
Form D — Primary Source
View on SEC.govFilings on Record
Every filing AltStreet's ledger holds for this CIK, newest first (15 of 46). Each opens the SEC archive folder.
In the Terminal
Filing events
0
none on file
Critical / warning
0 / 0
0 watch · 0 info
Statements extracted
0
none on file
NAV prints
0
none on file
Offering chains
1
lapsed
Fund family Part of the USEDC Drilling Fund family: 10 vehicles across 2 generations · full family and the filing behind each link in the terminal
Investor
- The full fund family and any related vehicles (parallel, feeder, successor, sibling series) with the filing that shows each link
- 1 offering timeline: velocity, share raised, first-sale lag, stalled flags
Pro
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Related Persons (Form D)
Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.
U.S. Energy Development Corporation
Executive Officer · Getzville, NY
Managing General Partner
Jordan M. Jayson
Executive Officer, Director, Promoter · Getzville, NY
Officer & Director of Managing General Partner.
Douglas K. Walch
Executive Officer, Director, Promoter · Getzville, NY
Officer & Director of Managing General Partner.
Matthew P. Iak
Executive Officer, Director · Getzville, NY
Officer & Director of Managing General Partner.
Placement Agents and Sales Compensation (Form D)
Who the issuer reported paying to sell the securities (Form D Item 12), with the FINRA registration number the filer gave. Source: SEC.gov.
Mark CecilCRD 1637259 on BrokerCheck
Associated broker-dealer: Ameritas Investment Corp. (CRD 14869) · Lincoln, NE · Soliciting in DC
Questions About USEDC 2016 Drilling Fund LP
Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.
What is USEDC 2016 Drilling Fund LP?
USEDC 2016 Drilling Fund LP is a Delaware limited partnership organized in 2016 that filed a Form D with the SEC on January 9, 2017 in the Oil and Gas industry group. The filing claims Rule 506(b) for an offering of equity.
Is USEDC 2016 Drilling Fund LP legit?
AltStreet does not rate legitimacy; it reports the public record. USEDC 2016 Drilling Fund LP filed a Form D with the SEC on January 9, 2017 claiming Rule 506(b). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $50,000 sold. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.
Is USEDC 2016 Drilling Fund LP registered with or approved by the SEC?
No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that USEDC 2016 Drilling Fund LP claimed Rule 506(b) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.
How much has USEDC 2016 Drilling Fund LP raised?
USEDC 2016 Drilling Fund LP reported $50,000 sold of a $100,000,000 total offering as of the Form D filed January 9, 2017.
Who can invest in USEDC 2016 Drilling Fund LP?
The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $50,000.
What is the minimum investment in USEDC 2016 Drilling Fund LP?
The Form D lists $50,000 as the minimum investment accepted from any outside investor as of January 9, 2017. Issuers can waive their own minimums, and the figure does not include fees.
Who is selling USEDC 2016 Drilling Fund LP and how are they paid?
The Form D names Mark Cecil (CRD 1637259), associated with Ameritas Investment Corp. as the recipient of sales compensation soliciting in DC. Sales commissions are reported as $10,000,000 and finders' fees as $0. Form D allows these to be estimates.
Who is behind USEDC 2016 Drilling Fund LP?
The Form D lists 4 related persons: U.S. Energy Development Corporation, executive officer (Managing General Partner); Jordan M. Jayson, executive officer, director, promoter (Officer & Director of Managing General Partner); Douglas K. Walch, executive officer, director, promoter (Officer & Director of Managing General Partner); Matthew P. Iak, executive officer, director (Officer & Director of Managing General Partner). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.
Where is USEDC 2016 Drilling Fund LP located?
The issuer's address on its SEC filings is 2350 North Forest Road, Getzville, NY 14068. Its phone number of record is 716-636-0401. It is organized under the laws of Delaware.
How long is the USEDC 2016 Drilling Fund LP offering open?
The issuer indicated that the offering is not intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open; 15 amendments are on record for this CIK.
What is USEDC 2016 Drilling Fund LP's revenue?
The Form D reports a revenue range of No Revenues.
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Data Methodology
Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.