A Rural EB-5 Investment Opportunity
Fueling America Empowering Investors
eb-5 program
Overview and Benefits
The EB-5 Immigrant Investor Program grants U.S. permanent residency (Green Card) to foreign nationals who invest at least $800,000 in qualified job-creating projects located in rural or high-unemployment areas. Eligible investors, along with their spouse and children under 21, can obtain lawful permanent residency and pathway to US citizenship.
Green Card for the Whole Family
Investor, spouse, and unmarried children under 21 all qualify for U.S. permanent residency.
Live and Work Anywhere in the U.S.
No state or employer restrictions — enjoy full flexibility in where you live and work.
No Sponsorship Required
Direct path to a green card without the need for an employer or family sponsor.
Education Advantages
Access in-state tuition and top-tier schools as a U.S. resident.
Freedom to Travel
Enter and leave the U.S. freely without needing a visa.
Work Authorization
No work permit required — eligible to work for any employer or start your own business.
eb-5 program
Pathway to Green Card
Invest $800,000
+ $80,000 Admin Fee
File I-526E & Place
Funds in Escrow
Funds Released with
I-526E Receipt
File I-485 Change
of Status
Conditional
Green Card
File I-829 → Removal of Conditions
Throughout
Project creates jobs → meet USCIS requirements
eb-5 program
Concurrent Filing
1. Choose a Project
Select a qualified EB-5 investment opportunity (like this one) that meets USCIS requirements, including job creation and TEA designation.
2. Make the Investment
Invest the required $800,000 into the EB-5 project. Funds are held and monitored by an independent escrow agent.
3. File Form I-526E
Submit your EB-5 Immigrant Petition with documentation showing source of funds and project compliance.
4. Receive Approval
Once the I-526E petition is approved, USCIS confirms your eligibility for a green card.
5. Consular Processing or Adjustment of Status
If you’re outside the U.S., attend a visa interview at a U.S. consulate. If you’re already in the U.S., apply to adjust your status.
6. Receive Conditional Green Card
You and your family receive a two-year conditional green card.
7. File I-829 to Remove Conditions
After proving job creation and project compliance, you receive permanent U.S. residency.
investment overview
Executive Summary
Bedrock Group is pleased to present an EB-5 investment opportunity via BG Oil Lender 1, LP, raising $49.6 million to fund the drilling and operation of 13 horizontal oil and gas wells in Lavaca County, Texas—a rural Targeted Employment Area (TEA). The project, led in partnership with GrayStreet Energy, targets the prolific Austin Chalk formation and is structured as a senior secured loan, offering investors a rural TEA designation, security in the loan structure, and a path to U.S. permanent residency and citizenship.
Key Highlights
Project Cost
$163M
Total project cost, including $49.6M in EB-5 capital
Job Creation
1407
Jobs created, 227% above EB-5 program requirements
Track Record
300+
Wells of proven operator experience backing the project
Secure Loan
$49.6M
EB-5 loan secured by wells, assets, Reserve Account, production, and contracts
Exit Strategy
3
3 repayment strategies: 1) Reserve Account, 2) Refinance of Project, and 3) Sale of Project
investment overview
Speed and Success
Rural TEA Designation
This projected location qualifies as a rural Targeted Employment Area:
- Population under 20,000
- Not part of a metropolitan area
- Eligible for priority USCIS adjudication and Rural TEA Designation Letter on file
Security & Structure
Investor capital is protected via:
- The EB-5 Fund will see initial production prior to funding the EB-5 Loan.
- Secured first position senior loan by all well assets and equipment
- Collateral includes: land leases, revenue rights, equipment, and offtake contracts
- Developer-funded EB-5 reserve account ensures repayment
No Minimum Raise Required
The project is pre-funded by the sponsor. EB-5 capital will backfill expenses already underway mitigating investor risk.
Capital Stack
How Your Capital Powers the Project
Clear, conservative capital structure with sponsor backstop.
Uses of Funds
Wellbore investment
$143.90M
Land Leases
$16.25M
Legal and closing costs
$2.87M
Total Project Cost
$163.03M
Source of Funds
EB-5 Loan
$49.60M (30.4%)
Subordinated Loan*
$97.18M (59.6%)
Sponsor Equity
$16.25M (9.9%)
credibility
Job Creation
Each figure = 100 jobs
Required
Job Cushion
620 jobs required, 1,407 projected (227% buffer)
Job protections verified by Impact DataSource economic study
Job estimates include drilling, operations, field labor, and support staff
transparent and realized
Your Return Pathway
Backed by production. Delivered through cash flow.
$8.35
$36.69
$62.00*
Oil/Gas (Boe) Breakeven Price
Oil Breakeven Price
Current WTI Benchmark
Project Cost
- Conservative financial modeling
- Experienced operator and project team
- 3D seismic mapping used to reduce geological risk
- Nearby wells already producing at high volume in-line with Sponsor projections
Investor Return Profile
- 0.25% Preferred Return annually
- Return of capital via reserve fund sourced from oil production revenue
- 3-year loan term, with optional 1-year extensions
Repayment Waterfall
- EB-5 reserve fund accumulates monthly from oil and natural gas sales
- Preferred return distributed
- EB-5 investor capital returned in full
- Remaining cash flows support project upside and developer profit
Breakeven Analysis
- Estimated breakeven: $8.35 Boe (gas and oil) to repay EB-5 capital and $36.69 breakeven for oil only, excluding gas.
- Current oil prices far exceed this, with buffer for market swings
Project Overview
The Project at a Glance
What
Drilling of 13 horizontal oil and gas wells in Texas, utilizing modern geophysical data and horizontal drilling technology.
Where
A prolific location, adjacent to proven high-producing wells.
Why
- Ideal timing: strong oil pricing + geopolitical tailwinds
- Backfill investment structure ensures drilling and production in place
- Full compliance with EB-5 Reform and Integrity Act
- Project launch is independent of EB-5 capital
Texas Urban Triangle
Dallas
San Antonio
Houston
Austin
Proven geology
Why this Formation?
High Production Potential*
- Manger 1H: 1,600 Boe (barrels oil equivalent) per day
- Cowley pad (4 wells): 750 bbls/day each
Proven Geology
- Brittle rock ideal for horizontal drilling
- High porosity and pressure
- Easy access to upper and lower chalk zones
- 8,000 acres already leased, with seismic data and geological validation
*Production from adjacent properties and their developer reserve estimates
Project Overview
Offset Wells & Production Benchmark
Our project is surrounded by proven, high-performing offset wells in the Texas region. These wells serve as direct comparables and validate expected production results at our site. Independent third-party data confirms strong BOE performance across multiple operators in the area.
Key Points
- Offset wells demonstrate sustained production in the location that is being targeting.
- Peak IP30 rates from nearby operators average 1,000–1,600 BOE/day.
- Cumulative benchmarks reinforce long-term well performance.
- Adjacent acreage confirms geological continuity and commercial viability.
- Data sourced from Enverus and regional operator reports.
U.S. Energy
Why Invest?
This project combines two of the most powerful forces in today’s global economy:
The U.S. Oil & Gas Boom
- Rising global demand and supply chain constraints favor U.S. producers
- Texas has some of the highest-yield formations in the U.S.
- U.S. is now the world’s largest LNG exporter
EB-5 Reform Advantage
- Rural TEA = priority processing + visa set-aside
- Structured to exceed job creation and compliance thresholds
us oil and gas demand
The Global Energy Picture Favors U.S. Production
U.S. oil and gas remains critical, profitable, and secure.
Global Demand Surged
3% in 2024, driven by Asia and Europe
Geopolitical Uncertainty
Global conflicts drive up demand for U.S. supply
U.S. is #1 LNG Exporter
With long-term export contracts in place
U.S. Government Policies
Favor drilling for energy independence
Total U.S. oil & gas market: 600B+ annually
Texas remains the top oil-producing state
Rising global LNG demand projected through 2040 (IEA, 2024)
transparent and realized
Lifecycle of a Horizontal Oil and Gas Well
Construction & Drilling
3 Months
Initial Production
1-2 Months
Revenue
1 Month
Permitting
(1 Month)
Surface and mineral rights secured, surveys completed, and permits approved by Texas Railroad Commission. First surface site already approved.
Construction
(1 Month)
Roads and pad built, tanks and pits prepared, and access secured for drilling.
Drilling
(1 Month)
Well “spudded,” casing installed, and drilling mud used for cooling and stability. Directional drilling guided by geologists.
Completion
(10 Days)
Perforation guns create entry points; hydraulic fracturing enhances reservoir connectivity. Production tubing installed.
Flowback
(1 Month)
Well tested for flow rate; temporary tanks measure production potential.
Facilities
(2 Weeks)
Separator units, pipelines, and storage tanks installed; water management systems added if needed.
Production
(Ongoing)
Oil and gas sold via pipeline or trucking; first revenue checks arrive in 6–9 months. Periodic workovers maintain flow efficiency.
Projected
Development Timeline
Your investment moves with precision and purpose.
2026
2027
2028
2029
2030
2026
First wells permitted and site prep begins; drilling of first 3-5 wells
2027
Wells 5-10 drilled and completed
2028
Final 3-4 wells drilled and completed; ongoing operations
2029 – 2030
Project enters full production; EB-5 capital repayment begins
offering summary Highlights
Structured for Security, Built for Return
This EB-5 offering is built on a conservative, risk-mitigated structure with institutional-grade underwriting and multiple safeguards:
Secured senior loan with
- First lien of all assets of the borrower
- Equipment, and production revenue
- Pledged equity interests in the borrower entity
- Monthly funded reserved account with oversight provisions
Breakeven Price
Project pays back EB-5 loan at just $8.35 Boe (Barrell Oil Equivalent), far below current WTI market pricing.
0.25% Preferred Return annually to investors
36-month loan term with two optional 1-year extensions
EB-5 reserve fund to capitalize cash flow for repayment
Proven leadership
Project Sponsor
GrayStreet Partners is the project sponsor, a registered investment advisor (SEC/FINRA compliant), and a privately held investment firm with a track record of over 300 wells invested, owned or managed, and more than $1B in assets under management across energy, real estate, and alternative lending. With expertise spanning regulatory law, reservoir engineering, and oversight of wells operations, the GrayStreet’s energy management team is well positioned for operational precision and compliance.
Kevin Covey
Managing Partner
- Founder and managing partner of GrayStreet Partners
- Significant track record in alternative lending, large-scale real estate, and energy
Laura Pommer
Managing Director, Energy
- Former CEO of EnergyFunders
- Led 150,000+ acres and 180+ wells
Paul Covey
Managing Director, Energy
- Founder and CEO GrayStreet Partners
- Over 50 years of leadership in chemicals, media, and real estate across the U.S. and Latin America.
Virginia Urban Light
Managing Director, Energy
- Reservoir engineer and attorney
- Oversees regulatory, compliance, and engineering
Proven leadership
Operator
In 2010 Paul Black and Roger Braugh partnered together, and by 2015 they had formed Paleo Oil Company. Today Paleo has grown organically through drilling and strategic acquisitions of distressed assets, operating over 400 wells and managing 200+ miles of regulated natural gas pipeline infrastructure across the state of Texas.
Co-founder, CEO, a 4th-generation Texan, he has built and led multiple energy ventures with operational experience in both upstream and midstream.
Roger S. Braugh
President and CEO
Petroleum engineer and co-founder with 30+ years in upstream oil & gas. Paul leads Paleo’s operations and currently oversees 4,000+ BOE/day production.
Paul Black
Co-Founder
Proven leadership
Why Paleo
Paleo delivers 4,000+ BOE/day of production across Texas, backed by a leadership team with decades of upstream and midstream expertise. Co-founders Roger Braugh and Paul Black bring a combination of deep local roots and technical excellence, positioning Paleo as a trusted partner in large-scale energy development. With a heritage tied to Texas oil and gas operations since the 1950s, Paleo has earned a reputation for disciplined growth and reliable performance.
Why Paleo
- 4,000+ BOE/day production consistently delivered across Texas.
- Roger S. Braugh, 4th-generation Texan entrepreneur; Paul Black, petroleum engineer with 30+ years in upstream oil & gas.
- Roots in Texas energy dating back to the 1950s.
- Selected over larger competitors for proven discipline and results.
- Success through both organic drilling and strategic distressed-asset acquisitions.
Proven leadership
NCE Management
As managing partner of the NCE, Bedrock Group brings over a decade of EB-5 expertise, having raised and managed EB-5 capital across multiple asset classes. With deep roots in due diligence, capital formation, and compliance, the team has guided successful investments tied to $600M+ in real estate market value. AGA as a partner and co-manager of the NCE brings a strong background in compliance, due diligence and capital formation to complete the management team.
Bedrock and AGA’s track record is exemplary in the industry. What separates us from competitors is our personalized approach to the EB-5 investment process. All investors have direct access to Bedrock and AGA principals throughout their immigration process instead of investors being a number in a large firm.
President of Bedrock Group and experienced investment manager with 15 years of EB-5 experience focused on capital formation, USCIS documentation requirements, and industry best practices.
michael broadbent
Managing Partner
Former fund manager with 10+ years in sourcing and vetting high-impact real estate projects. Leading due diligence with sharp market analysis and a proven eye for profitable opportunities.
Ruth Chen
Partner
About Bedrock Group
Bedrock Group is a full-service EB-5 advisory and investment management firm with headquarters in Dallas, Texas. The firm has a 15-year track record of success in the EB-5 industry. Bedrock and AGA combined have raised and managed over $300M of EB-5 capital.
EB-5 Funds
Raised
$300M
I-526 Petitions
Approved
100%
I-829 Petitions
Approved
100%
Capital
Repaid
$32M
Total Jobs
Created
11,692
Bedrock and AGA combined statistics.
- 298-room full-service hotel
- Government-backed municipal financing
- EB-5 Loan: $15M
- EB-5 Jobs Created: 1,006
hyatt regency
Frisco, TX
- 494-unit multifamily with 8,057 SF retail
- 706 parking spaces (underground + surface)
- EB-5 Mezzanine Loan: $12M
- EB-5 Jobs Created: 1,443 (600+ to date)
201 Lexington
Glendale, CA
Proven leadership
Partners
Bedrock Group has partnered with leading industry experts across multiple disciplines to ensure legal, financial, and administrative compliance with the rules and regulations of the EB-5 program.
Regional Center and Sponsor
Fund Administrator
Accountant and Loan Administration
Escrow Agent
Law Firm
Law Firm
Economist
Appendix A
What every investor should know
What happens to my funds after I invest?
Your capital is held in a secure escrow account and released only upon filing of your I-526E petition.
What’s the minimum investment required?
The minimum investment amount for EB-5 eligibility is $800,000 for projects in rural or TEA-designated areas.
How long is the investment term?
The loan term is 36 months, with two optional 1-year extensions, providing flexibility based on project cash flow.
Invest Today.
Live Tomorrow.
This is your opportunity to participate in a compliant and high-impact EB-5 investment — one that supports U.S. energy independence and your family’s immigration future.
Contact Info
info@bedrockgroupinc.com
214 306 9534