DJIA51850.55 195.60
S&P 5007807.24 -4.30
NASDAQ27245.90 -120.27
Russell 20002794.48 -12.50
German DAX25277.68 190.41
FTSE 10010656.28 104.23
CAC 407832.88 29.55
EuroStoxx 506201.35 25.20
Nikkei 22567777.52 -1253.40
Hang Seng24271.20 59.85
Shanghai Comp3797.24 -16.55
KOSPI6035.35 -348.89
Bloomberg Comm IDX144.54 0.61
WTI Crude-fut104.74 -1.30
Brent Crude-fut92.15 -1.10
Natural Gas3.17 -0.02
Gasoline-fut3.22 -0.05
Gold-fut4209.10 12.80
Silver-fut60.42 -0.15
Platinum-fut1697.30 -0.70
Palladium-fut1137.50 -7.00
Copper-fut6.76 0.00
Aluminum-spot3195.00 0.00
Coffee-fut294.75 4.85
Soybeans-fut1286.00 -2.25
Wheat-fut671.00 -1.75
Bitcoin83227.94 749.29
Ethereum USD2497.49 16.87
Litecoin60.66 -1.06
Dogecoin0.08 0.00
EUR/USD1.1165 -0.0037
USD/JPY158.77 0.42
GBP/USD1.3192 -0.0051
USD/CHF0.8344 0.0041
USD IDX102.23 -0.34
US 10-Yr TR5.187 -0.057
GER 10-Yr TR3.4442 -0.0323
UK 10-Yr TR5.4048 -0.0418
JAP 10-Yr TR3.024 0.018
Fed Funds4 0
SOFR3.87 0
High-rise commercial buildings

Sub Markets

Topics

Infrastructure  + Alternative Assets  + Real Assets  | 
Citizen Energy's 2025 Drilling Fund Brings All Eight Wells Online

Citizen Energy’s 2025 Drilling Fund Brings All Eight Wells Online

Citizen Energy Ventures, an owner and operator of oil and gas assets, said all eight wells tied to its Citizen Energy 2025 Drilling Fund are producing as the company continues its drilling program in Oklahoma’s Anadarko Basin. The 2025 fund is now substantially complete.

Launched in late October 2025, the fund participated in a drilling program that deployed more than $80 million in retail, institutional and management equity. The wells were completed at or below their targeted authorization for expenditure, the budget approved for drilling and completing each well.

“Operational execution is critical to our drilling programs, and the results speak to that discipline, including bringing production online quickly in a complicated macroeconomic environment,” said James Woods, founder and president of Citizen Energy Ventures.

The company’s follow-on vehicle, Citizen Energy 2026 Drilling Fund, launched earlier this year as a $20 million private placement with a greenshoe option of up to $30 million. Alongside institutional, prior-investor and management capital, the fund will participate in drilling and completing up to 12 planned wells in the basin’s Cherokee Formation.

The 2026 fund continues the strategy behind the 2025 program, targeting long-life oil and natural gas reserves. Before its launch, management raised more than $100 million from institutional and prior investors to supplement the drilling schedule, diversify across more wells and improve cost efficiency.

The fund is also structured to offer potential tax advantages to investors who elect to participate as general partners.

The Anadarko Basin covers nearly all of western Oklahoma and extends into three neighboring states. It spans about 50,000 square miles and reaches roughly seven miles deep.

Pictured: Citizen Energy Ventures oil rig

Connect

Inside The Story

Citizen Energy Ventures

About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.