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Louisiana Green Fuels
Test Well Success!

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Louisiana Green Fuels Fund Updates > LGF Test Well Success

Test Well Success


The Louisiana Green Fuels (“LGF”) project has just passed another significant de-risking milestone; operations are now complete at the Test Well and the geological consultant engineers, Geostock Sandia*, have confirmed that the injection testing has been successful. ​
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Ballast Rock Louisiana due diligence trip

The Results

These results show both the presence of the required confinement layers as well as confirming that those sequestration layers have sufficient storage capacity for the CO2 for well in excess of the amount needed for this managed forest waste biomass based synthetic diesel refining facility.  The full analysis of the Test Well results will take some time to compile and will form the basis of LGF’s application to the U.S. EPA for their Class VI sequestration well permit (expected to be issued within 12-18 months).

The test well was the main “showstopper” for Stage 1 of the project and now with positive confirmation of the geology at the site, we can confirm that Ballast Rock Ventures will launch our LGF fund as planned in early July for Stage 2 development capital.

Although the fund is still pre-launch, we have had a lot of investor enquiry and already have significant capital reservations for the fund. Please click to login to the investor portal, see the LGF Project Page, and reach out to me if you would like to find out more about the project and the Ballast Rock Ventures LGF Fund investment.

Have more questions?

If you would like to learn more about the Louisiana Green Fuels project click below or email us at IR@ballastrock.com
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The information contained on the Ballastrock.com web site has been prepared by Ballast Rock Holdings LLC (“Ballast Rock”) without reference to any particular user’s investment requirements or financial situation. Potential investors are encouraged to consult with professional tax, legal, and financial advisors before making any investment into a private offering of securities.  An investment in private securities would be speculative and would involve a high degree of risk. Investors must be prepared to bear the economic risk of such an investment for an indefinite period of time and be able to withstand a total loss of their investment. Please consider carefully the investment objectives, risks, transaction costs, and other expenses related to an investment prior to deciding to invest.  All private placements of securities and other broker dealer activities are currently offered through a partnership with Independent Brokerage Solutions LLC MEMBER: FINRA / SIPC (“IndieBrokers”), which is located at 485 Madison Avenue 15th Floor New York, NY 10022. (212) 751-4424. Ballast Rock Holdings LLC and its affiliates are independent and unaffiliated with IndieBrokers.  Any securities transactions or related activities offered by Ballast Rock associated persons are conducted in their capacities as registered representatives of IndieBrokers.  Please see our Form CRS. 
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To check the background of IndieBrokers and its representatives, visit FINRA’s BrokerCheck. 
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  • Home
  • What We Do
    • Real Estate >
      • Multifamily
    • Ventures >
      • Acronym Venture Capital
      • Louisiana Green Fuels
    • Capital Advisory
  • About Us
    • Our Story
    • Leadership
  • Fund Updates
    • Acronym VC Fund
    • Louisiana Green Fuels
    • Sunbelt Fund II
    • Sunbelt Fund I
  • Education
    • Portal "How To"
    • Corporate Deck
    • Articles
    • Press >
      • Lument Workforce Housing Webcast
      • CoStar Gleneagle Article
      • CoStar Coleman Article
      • Multifamily Executive
  • Login