UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 


FORM 8-K
 


CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  August 19, 2015

ENERGY 11, L.P.
(Exact name of registrant as specified in its charter)

Delaware
333-197476
46-3070515
(State or other jurisdiction of
(Commission File Number)
(IRS Employer
incorporation)
 
Identification No.)
     

120 W 3rd Street, Suite 220
Fort Worth, Texas
 
76102
(Address of principal executive offices)
 
(Zip Code)

Registrant’s telephone number, including area code: (817) 882-9192

(Former name or former address, if changed since last report)

Not Applicable


 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
ÿ
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
ÿ
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
ÿ
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
ÿ
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 
 

 

Item 8.01.  Other Events.
 
As of August 19, 2015, Energy 11, L.P. (the “Partnership”) completed the sale of the minimum offering of 1,315,790 units of limited partnership interest and therefore broke escrow (the “Initial Closing”).  As of August 19, 2015, the Partnership had completed the sale of 1,318,885 units at $19.00 per unit for total gross proceeds of $25,058,815 and proceeds net of selling commissions and marketing expenses of $23,555,286.  The subscribers were admitted as limited partners of the Partnership at the Initial Closing.  The Partnership is continuing the offering at $19.00 per unit in accordance with the prospectus.
 
Also, upon reaching the minimum offering, the Partnership entered into the First Amended and Restated Agreement of Limited Partnership at the Initial Closing, and the Partnership also entered into the Management Services Agreement with E11 Management, LLC at the Initial Closing.
 
 

 
 
 

 
 
SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date:
August 19, 2015
   
       
   
ENERGY 11, L.P.
       
   
By:
/s/ David McKenney 
     
David McKenney
     
Chief Financial Officer of Energy 11 GP, LLC