What is the difference between a “sophisticated” and “accredited” investor?
An accredited investor is defined as someone who: a) has earned in excess of $200,000 per year individually or $300,000 per year with a spouse for the last two years and expects similar earnings in the current year; OR b) has a net worth that exceeds $1,000,000 excluding home, automobiles and furniture. A sophisticated investor is defined as someone who can sustain the loss of all or a portion of the investment, and the investment does not exceed 20% of your net worth. Contact us if you’re interested in completing a questionnaire to determine if you qualify for an oil and gas investment or call 1.866.859.7827.