The Concept

The Greenwood Projects

Benefits & Securities

The Administration

The Taxation

The Payouts!

 

“To give real service you must add something which cannot be bought or measured with money, and that is sincerity and integrity.”
Donald A. Adams

 

 

The administration, client support and accounting of all direct participations are handled by:

AMTEX GmbH, Steintwiete 18, 20459 Hamburg, Germany (e-mail: amtexgmbh@aol.com), based on separate administration contract.

AMTEX South Africa cc, 3 Cockburn Close, Glencairn Heights 7975, has been mandated as exclusive sales agent for the southern Africa region (e-mail: info@amtex.co.za).

Our participation partners are entitled to a so-called assignment. This is a certificate of ownership share in a recovery right that is registered in the relevant County Court (comparable with South Africa’s Lower Court / Deeds Registry).

Participation in the AMTEX Oil & Gas Inc. oil/gas wells is in US Dollars. Initial payment is made into a US$ or Euro trust account in Germany.

As far as expansion drillings are concerned the investment funds are transferred to a customer investment account with AMTEX Oil & Gas Inc. Mineral rights (“lease”) expenses and other pre-project costs will be paid immediately. The balance of approximately 70% of the investment funds is kept in the investment account until an independent geologist found the drilling successful. Only then does AMTEX Oil & Gas Inc. release the balance to the operator for completion of the well. After completion the assignments can be procured and signed. They are certified by a notary public of the state of Texas.

 

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Direct Participation

   
   

Phone: (27-83) 456 2546
Fax: (27-21) 782 7807
Email: info@amtex.co.za