What does my investment actually own?+
Preferred stock in Dolomite Energy Corporation, convertible 1:1 to common shares at any time. The company holds a founding 1% ORRI in a producing field (Smackover and Haynesville formations, N Louisiana) plus non-operating working interest positions across multiple wells. You own a share of the company that owns these real assets.
When and how do I get paid?+
Dividends are projected at a 30% payout ratio of EBITDA, planned to begin quarterly after Year 1 of operations. Dividend payments require conversion of preferred shares to common shares. The ultimate total return is expected to be driven by an eventual IPO or strategic company sale. Dolomite's principals will not take any salaries until cash flow is generated from new working interest investments.
What makes this different from a direct drilling program?+
Direct well programs concentrate risk in a single well, expose investors to potential capital calls, and are often marketed through fee-driven retail structures. Investing in Dolomite diversifies capital across multiple opportunities, evaluates every project before committing capital, and aligns management compensation directly with long-term performance — no layered fees, no promote structures.
What is the ORRI and why does it matter?+
An Overriding Royalty Interest (ORRI) is a share of oil and gas production revenue paid "off the top" — before working interest owners receive proceeds. It does not pay any drilling, operating, or maintenance costs. Dolomite's founding 1% ORRI is tied to newly drilled wells (2025) in the Smackover and Haynesville formations in north Louisiana. The principals contributed this prized asset to the company at zero cost to establish immediate cash flow and align with investors from day one.
Is management paid regardless of performance?+
No. Dolomite's principals will not take any salaries until cash flow is generated from new working interest investments. This is a direct alignment mechanism — management only gets paid when investors start getting paid.
What is the investment minimum and how do I invest?+
The minimum investment is $500, priced at $2.50 per share of preferred stock. Bonus shares are available for larger commitments. The offering is conducted through Wefunder's regulated investment platform. Simply visit the Wefunder campaign page and follow the investment process — the platform handles all compliance and documentation.
What are the projections through 2029?+
The Twin Well Program targets 14 shallow vertical wells and 4 deep horizontal wells through 2029, reaching 461 BOE/day and $57M annual EBITDA. Through 2027, the first phase targets 6 shallow wells, 37 BOE/day, and $4M annual EBITDA. These are conservative, forward-looking estimates and are not guarantees of future performance. Investment involves risk.