Phoenix Energy is a family-founded, independent oil and gas company operating in the heart of the Williston Basin—one of the most prolific oil-producing regions in North America. While the technical challenges of drilling and completing long lateral wells are significant, the company’s guiding principle remains simple: operate with integrity and earn the trust of both mineral rights owners and accredited investors.
Unlike many oil and gas companies backed by private equity or large institutional investors, Phoenix Energy raises capital through SEC Regulation D 506(c) alternative corporate bonds offered directly to accredited investors. The funds are used to purchase mineral rights, drill and complete horizontal wells, and build the infrastructure needed to support long-term production. At every step, the company aims to build a durable, disciplined business that is positioned to meet its financial obligations over time.
Building a Bridge Between Investors and Energy Operations
Phoenix Energy’s bond offerings provide accredited investors with an opportunity to support a company focused on domestic energy development. These offerings are not equity investments, nor do they give investors direct exposure to oil and gas investments. Rather, investors lend capital to Phoenix through oil and gas sector bonds that have historically paid annual interest rates between 9% and 13%.[1]
While the company has made monthly interest payments in the past, future payments are not guaranteed and depend on the company’s financial performance. As with any investment, Phoenix Energy’s bonds carry risk. These include risks related to the energy industry, operational execution, and the general economy. Investors should carefully review the offering documents and consult with a financial advisor to determine suitability.
A More Respectful Approach to Mineral Rights Owners
Phoenix Energy works with landowners across the United States to purchase mineral rights and negotiate lease terms. Many families inherit these rights without a clear understanding of their value or options. Rather than pressure owners into quick decisions, Phoenix focuses on education and transparency.
“For many families, these mineral rights are part of their legacy,” says CEO Adam Ferrari. “Our role is to help them understand what they have and what their options are—whether they choose to sell, lease, or hold.”
Drilling Smarter in the Williston Basin
As of December 2024, Phoenix Energy ranked 11th in oil production in the Williston Basin.[2] The company drills three-mile-long horizontal wells designed to recover oil efficiently and cost-effectively. According to Ferrari, this operational speed is a key part of the company’s value creation model.
“If the time between when you put money in the ground and when you get oil out is too long, you risk losing value,” said Ferrari during his 2024 visit to the Williston Basin. “That’s why we invest heavily in compressing that timeline—from capital deployment to first production.”
To achieve this, Phoenix maintains tightly integrated drilling, completions, and production teams. These groups communicate daily, ensuring handoffs are seamless and that issues are addressed quickly and collaboratively.
Investor Capital Fuels Strategic Growth
Investor capital is more than a financial input; it fuels the company’s ability to scale. Phoenix Energy uses funds raised through its bond program to support new drilling campaigns, expand its mineral rights portfolio, and invest in the infrastructure required to sustain long-term production.
Staying Grounded as a Family-Founded Business
Phoenix Energy remains majority-owned by the Ferrari family. Adam Ferrari, a chemical engineer with nearly two decades of experience, built the company alongside his parents, who were early investors. The company’s name holds deep significance for the family, especially after a life-altering health event left Adam’s father — a former sheriff’s officer and pipefitter — a quadriplegic.
“This is more than a company for us,” said Ferrari. “Phoenix symbolizes our family’s rebirth and purpose. My parents have their retirement invested here. We’re building something to last”.
Looking Ahead: Phoenix Energy’s Focus
Phoenix Energy remains focused on growing responsibly. Whether educating mineral owners or executing on a drilling pad, the company operates with discipline and care. For accredited investors who believe in American energy and want to support a business focused on operational excellence and financial stewardship, Phoenix Energy offers a differentiated path.
*Phoenix Energy bonds are offered pursuant to Reg D and are only available to accredited investors. These investments are illiquid, not publicly traded, and subject to the risk of loss, including the risk of loss of principal.
Phoenix Capital Group Holdings, LLC is now Phoenix Energy One, LLC, doing business as Phoenix Energy. Alternative investments are speculative, illiquid, and you may lose some or all of your investment. Securities are offered by Dalmore Group member FINRA/SIPC. Dalmore Group and Phoenix Energy are not affiliated. See full disclosures.
This article contains forward-looking statements based on our current expectations, assumptions, and beliefs about future events and market conditions. These statements, identifiable by terms such as “anticipate,” “believe,” “intend,” “may,” “expect,” “plan,” “should,” and similar expressions, involve risks and uncertainties that could cause actual results to differ materially. Factors that may impact these outcomes include changes in market conditions, regulatory developments, operational performance, and other risks described in our filings with the U.S. Securities and Exchange Commission. Forward-looking statements are not guarantees of future performance, and Phoenix Energy undertakes no obligation to update them except as required by law.
