US-based oil and gas company Citizen Energy Ventures has launched a $20m private placement initiative targeting oil and gas drilling in the Anadarko Basin in Oklahoma. The Citizen Energy 2025 Drilling Fund aims to establish long-term oil and natural gas reserves by investing in eight wells within the basin’s Cherokee formation. This launch marks Citizen Energy Ventures' entry into the retail private placement market. The company previously secured more than $50m from institutional and existing investors ...