SOURCE: Spicewood Energy Management, LLC

February 02, 2012 08:47 ET

Spicewood Energy Management, LLC (SEM) Announces the Formation of Spicewood Energy Fund I, LP

SEM, Which Was Formed to Manage Oil and Gas Investments Through Multiple Limited Partnerships, Announces the Formation of Its First Partnership, the Spicewood Energy Fund I, LP

SPICEWOOD, TX--(Marketwire - Feb 2, 2012) - Spicewood Energy Management, LLC (SEM) is a Texas based oil and gas company that has offices located in Spicewood, Texas and Port Aransas, Texas. SEM will manage oil and gas investments through multiple limited partnerships, which will be formed in the state of Texas and filed pursuant to Blue-Sky filings. SEM is excited to announce the formation of its first partnership, the Spicewood Energy Fund I, LP. The Partnership will engage in numerous aspects of oil and gas exploration, development and production.

"Over the past decade, the face of oil and gas investing (along with drilling and producing) has changed and will continue to change," stated Waylan Johnson, Manager of SEM. He further stated, "SEM allows its Partners to invest on an industry level, which when combined with current oil prices, creates a positive edge over other investment opportunities."

SEM has assembled a highly qualified internal management team comprised of land, engineering, and geology experts from within the State of Texas. The team has over 300+ cumulative years of oil and gas experience. The SEM Management team has a variety of areas of expertise, with a primary focus being the upper Gulf Coast of Texas. "Our team has been involved in several field discoveries over the past year which have identified reserves potentially in excess of 2,000,000 BOE in the upper Gulf Coast alone," (based upon in-house geological reports) stated Mr. Johnson. "We believe that SEM offers yet another vehicle for the management team to continue such success."

In recent years the industry has seen a lot of public money being placed in numerous shale and resource plays around the country. SEM believes there is a very prosperous niche, utilizing the latest technology and applying it to conventional plays.

For further information regarding topics discussed in this article, please contact Spicewood Energy Management, LLC at their Investor Relations Department: (512) 610-0552 or visit www.SpicewoodEnergy.com where you can join the SEM (corporate) Mailing List and receive up to date information on SEM activities, including all SEM Press Releases.

Emails may be directed to Info@SpicewoodEnergy.com

Disclaimer: This release/announcement/document is neither an advertisement, an offer to sell, nor a solicitation of an offer to buy securities, Units or participations of SEM or Spicewood Energy Fund 1, LP (SEM). This release/document contains certain statements, estimates, and forecasts with respect to future performance and events. All statements other than statements of historical fact included in this release/announcement/document, a Memorandum, or the SEM website, including, but not limited to, statements regarding future performance of events, are forward-looking statements. All such forward-looking statements are based on various underlying assumptions and expectations and are subject to risks and uncertainties which could cause actual events to differ materially from those expressed in the forward-looking statements. As a result, there can be no assurance that the forward-looking statements included in this release/document, a Memorandum, or the SEM Website will prove to be accurate or correct. In light of these risks, uncertainties and assumptions, the future performance or events described in the forward-looking statements in this release/document, a Memorandum, or the SEM Website might not occur. Accordingly, investors should not rely upon forward-looking statements or historical performance as a prediction or indicator of actual or future results. Also, Spicewood Energy Fund 1, LP., its officers, principals, employees, agents, subsidiaries, affiliates and consultants, and the other parties, investors, and partners involved in any properties, programs and SEM activities have conflicts of interests. The price received for the oil and natural gas produced from any investments, activities, properties may be less than quoted NYMEX prices at any given times. SEM does not undertake any obligation to update any forward-looking statements, facts or other information, whether as a result of new information, future events, subsequent circumstances or otherwise. Information herein is not intended to be any form of solicitation. Information found on this page is neither an offer to buy or sell securities or other investments.

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