Form D · Oil and Gas

MDS 2024-Shale Development, LP

Pittsburgh, PA · CIK 0002022790

Offering snapshot reported Mar 5, 2025 · SEC filing

Reported sold
$177M
Offering amount: $200M
Investors reported
1,398
Form D · investor count
Minimum accepted
$50K
Reported outside-investor minimum
First sale
Jun 21, 2024
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$88.7M$177MMay 30, 2024Jul 8, 2024: $5,894,000.00Jul 8, 2024: $5,894,000.00Jul 31, 2024: $34,021,250.00Aug 28, 2024: $75,538,700.00Oct 16, 2024: $94,423,200.00Dec 19, 2024: $134,211,325.00Mar 5, 2025: $177,315,545.00Mar 5, 2025

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

  • Reported sold$134,211,325 → $177,315,545
  • Reported investors1,083 → 1,398

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Mar 5, 2025Amendment$177,315,545$43,104,220vs Dec 19, 20241,398SEC filing
Dec 19, 2024Amendment$134,211,325$39,788,125vs Oct 16, 20241,083SEC filing
Oct 16, 2024Amendment$94,423,200$18,884,500vs Aug 28, 2024781SEC filing
Aug 28, 2024Amendment$75,538,700$41,517,450vs Jul 31, 2024617SEC filing
Jul 31, 2024Amendment$34,021,250$28,127,250vs Jul 8, 2024285SEC filing
Jul 8, 2024Amendment$5,894,000No comparison43SEC filing
Jul 8, 2024Amendment$5,894,000$0vs Jul 8, 202443SEC filing
May 30, 2024InitialYet to sellNo comparison0SEC filing

Offering details

Securities
Equity
Exemptions
06c
Duration over one year
No
Business combination
No
Sales commissions
$12.4M
Finders' fees
$0
Form D file number
021-514696
The "Total Offering Amount" assumes the Dealer Manager does not exercise a Greenshoe option. If such option is exercised, the "Total Offering Amount" is $300,000,000.
Of the total amount, $1,664,855 is designated as a marketing fee.

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
REALTA EQUITIES, INC.23769
BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC.13609
IBN FINANCIAL SERVICES, INC.42360
KCD FINANCIAL, INC.127473
MADISON AVENUE SECURITIES, LLC23224
PATRICK CAPITAL MARKETS, LLC16518
SAXONY SECURITIES, INC.115547
DAI SECURITIES, LLC36673
AUSDAL FINANCIAL PARTNERS, INC.7995
CABIN SECURITIES, INC.137608
CABOT LODGE SECURITIES LLC159712
MHL INVESTMENTS2535
COLORADO FINANCIAL SERVICE CORPORATION104343
ARETE WEALTH MANAGEMENT, LLC44856
ARKADIOS CAPITAL, LLC282710
DEMPSEY LORD SMITH, LLC141238
THE STRATEGIC FINANCIAL ALLIANCE, INC.126514
CONCORDE INVESTMENT SERVICES, LLC151604
G. A. REPPLE & COMPANY17486
GREEN VISTA CAPITAL, LLC293630
INFINITY FINANCIAL SERVICES144302
CAMBRIDGE INVESTMENT RESEARCH, INC.39543
KINGSWOOD CAPITAL PARTNERS, LLC288898
PURSHE KAPLAN STERLING INVESTMENTS35747
CREATIVEONE SECURITIES, LLC152974
GREAT POINT CAPITAL LLC114203
AVANTAX INVESTMENT SERVICES, INC.13686
CETERA ADVISORS LLC10299
CETERA ADVISOR NETWORKS LLC13572
CETERA FINANCIAL SPECIALISTS LLC10358
CETERA INVESTMENT SERVICES LLC15340
EMERSON EQUITY LLC130032
NEWBRIDGE SECURITIES CORPORATION104065
MML INVESTORS SERVICES, LLC10409
CHAUNER SECURITIES, INC.10075
INVICTA CAPITAL LLC288101
MOLONEY SECURITIES CO., INC.38535
NOBLES & RICHARDS, INC.146870
JAMES FOX SECURITIES, INC.43632

Source: Form D, filed Mar 5, 2025. Minimum accepted may differ from a standard advertised minimum.

Fund connections

No confirmed ADV fund connection is available for this issuer.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
Zachary J. Avi Executive
Heather Farabaugh Executive
Michael S Knapp Executive
Mds Energy Development, Llc Director, Executive, Promoter
Randall L Morris Executive
Richard Saadeh Executive
Michael D Snyder Executive, Promoter
Woody Soemantoro Executive

Issuer details

Industry: Oil and Gas (See others in industry)

Address:
603 Stanwix Street Suite 1750
Pittsburgh, PA, 15222