Form D Raw Data - Electronic Filing Depository

EFDID: 521457EFD: Raw Data

Issuer: MDS 2024-Shale Development, LP (0002022790) - D

Accession: 0002022790-24-000001 () (EDGAR Files) (Form D)

Edgar Posted: May. 30, 2024
EFD Posted: May. 30, 2024

- < edgarSubmission >

< schemaVersion > X0708 </ schemaVersion >

< submissionType > D </ submissionType >

< testOrLive > LIVE </ testOrLive >

- < primaryIssuer >

< cik > 0002022790 </ cik >

< entityName > MDS 2024-Shale Development, LP </ entityName >

- < issuerAddress >

< street1 > 603 STANWIX STREET </ street1 >

< street2 > SUITE 1750 </ street2 >

< city > PITTSBURGH </ city >

< stateOrCountry > PA </ stateOrCountry >

< stateOrCountryDescription > PENNSYLVANIA </ stateOrCountryDescription >

< zipCode > 15222 </ zipCode >

</ issuerAddress >

< issuerPhoneNumber > 855-807-0807 </ issuerPhoneNumber >

< jurisdictionOfInc > DELAWARE </ jurisdictionOfInc >

- < issuerPreviousNameList >

< value > None </ value >

</ issuerPreviousNameList >

- < edgarPreviousNameList >

< value > None </ value >

</ edgarPreviousNameList >

< entityType > Limited Partnership </ entityType >

- < yearOfInc >

< withinFiveYears > true </ withinFiveYears >

< value > 2021 </ value >

</ yearOfInc >

</ primaryIssuer >

- < relatedPersonsList >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > - </ firstName >

< lastName > MDS Energy Development, LLC </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 603 Stanwix Street, Suite 1750 </ street1 >

< street2 > Two Gateway Center </ street2 >

< city > Pittsburgh </ city >

< stateOrCountry > PA </ stateOrCountry >

< stateOrCountryDescription > PENNSYLVANIA </ stateOrCountryDescription >

< zipCode > 15222 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

< relationship > Director </ relationship >

< relationship > Promoter </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > Managing General Partner of the Issuer </ relationshipClarification >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Michael </ firstName >

< middleName > D </ middleName >

< lastName > Snyder </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 603 Stanwix Street, Suite 1750 </ street1 >

< street2 > Two Gateway Center </ street2 >

< city > Pittsburgh </ city >

< stateOrCountry > PA </ stateOrCountry >

< stateOrCountryDescription > PENNSYLVANIA </ stateOrCountryDescription >

< zipCode > 15222 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

< relationship > Promoter </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > CEO of the Managing General Partner </ relationshipClarification >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Randall </ firstName >

< middleName > L </ middleName >

< lastName > Morris </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 603 Stanwix Street, Suite 1750 </ street1 >

< street2 > Two Gateway Center </ street2 >

< city > Pittsburgh </ city >

< stateOrCountry > PA </ stateOrCountry >

< stateOrCountryDescription > PENNSYLVANIA </ stateOrCountryDescription >

< zipCode > 15222 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > COO of the Managing General Partner </ relationshipClarification >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Michael </ firstName >

< middleName > S </ middleName >

< lastName > Knapp </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 603 Stanwix Street, Suite 1750 </ street1 >

< street2 > Two Gateway Center </ street2 >

< city > Pittsburgh </ city >

< stateOrCountry > PA </ stateOrCountry >

< stateOrCountryDescription > PENNSYLVANIA </ stateOrCountryDescription >

< zipCode > 15222 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > President of the Managing General Partner </ relationshipClarification >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Richard </ firstName >

< lastName > Saadeh </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 603 Stanwix Street, Suite 1750 </ street1 >

< street2 > Two Gateway Center </ street2 >

< city > Pittsburgh </ city >

< stateOrCountry > PA </ stateOrCountry >

< stateOrCountryDescription > PENNSYLVANIA </ stateOrCountryDescription >

< zipCode > 15222 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > Executive VP of Development of the Managing General Partner </ relationshipClarification >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Woody </ firstName >

< lastName > Soemantoro </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 603 Stanwix Street, Suite 1750 </ street1 >

< street2 > Two Gateway Center </ street2 >

< city > Pittsburgh </ city >

< stateOrCountry > PA </ stateOrCountry >

< stateOrCountryDescription > PENNSYLVANIA </ stateOrCountryDescription >

< zipCode > 15222 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > Executive VP of National Accounts and Due Diligence of the Managing General Partner </ relationshipClarification >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Zachary </ firstName >

< middleName > J. </ middleName >

< lastName > Avi </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 603 Stanwix Street, Suite 1750 </ street1 >

< street2 > Two Gateway Center </ street2 >

< city > Pittsburgh </ city >

< stateOrCountry > PA </ stateOrCountry >

< stateOrCountryDescription > PENNSYLVANIA </ stateOrCountryDescription >

< zipCode > 15222 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > Executive VP of Investments of the Managing General Partner </ relationshipClarification >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Heather </ firstName >

< lastName > Farabaugh </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 603 Stanwix Street, Suite 1750 </ street1 >

< street2 > Two Gateway Center </ street2 >

< city > Pittsburgh </ city >

< stateOrCountry > PA </ stateOrCountry >

< stateOrCountryDescription > PENNSYLVANIA </ stateOrCountryDescription >

< zipCode > 15222 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > VP of Accounting and Secretary of the Managing General Partner </ relationshipClarification >

</ relatedPersonInfo >

</ relatedPersonsList >

- < offeringData >

- < industryGroup >

< industryGroupType > Oil and Gas </ industryGroupType >

</ industryGroup >

- < issuerSize >

< revenueRange > Decline to Disclose </ revenueRange >

</ issuerSize >

- < federalExemptionsExclusions >

< item > 06c </ item >

</ federalExemptionsExclusions >

- < typeOfFiling >

- < newOrAmendment >

< isAmendment > false </ isAmendment >

</ newOrAmendment >

- < dateOfFirstSale >

< yetToOccur > true </ yetToOccur >

</ dateOfFirstSale >

</ typeOfFiling >

- < durationOfOffering >

< moreThanOneYear > false </ moreThanOneYear >

</ durationOfOffering >

- < typesOfSecuritiesOffered >

< isEquityType > true </ isEquityType >

</ typesOfSecuritiesOffered >

- < businessCombinationTransaction >

< isBusinessCombinationTransaction > false </ isBusinessCombinationTransaction >

< clarificationOfResponse />

</ businessCombinationTransaction >

< minimumInvestmentAccepted > 50000 </ minimumInvestmentAccepted >

- < salesCompensationList >

- < recipient >

< recipientName > REALTA EQUITIES, INC. </ recipientName >

< recipientCRDNumber > 23769 </ recipientCRDNumber >

< associatedBDName > None </ associatedBDName >

< associatedBDCRDNumber > None </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 1201 N. ORANGE STREET </ street1 >

< street2 > SUITE 729 </ street2 >

< city > WILMINGTON </ city >

< stateOrCountry > DE </ stateOrCountry >

< stateOrCountryDescription > DELAWARE </ stateOrCountryDescription >

< zipCode > 19801 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > DE </ state >

< description > DELAWARE </ description >

< state > HI </ state >

< description > HAWAII </ description >

< state > PR </ state >

< description > PUERTO RICO </ description >

< state > TX </ state >

< description > TEXAS </ description >

< state > MA </ state >

< description > MASSACHUSETTS </ description >

< state > MD </ state >

< description > MARYLAND </ description >

< state > IA </ state >

< description > IOWA </ description >

< state > ME </ state >

< description > MAINE </ description >

< state > ID </ state >

< description > IDAHO </ description >

< state > MI </ state >

< description > MICHIGAN </ description >

< state > UT </ state >

< description > UTAH </ description >

< state > MN </ state >

< description > MINNESOTA </ description >

< state > MO </ state >

< description > MISSOURI </ description >

< state > IL </ state >

< description > ILLINOIS </ description >

< state > IN </ state >

< description > INDIANA </ description >

< state > MS </ state >

< description > MISSISSIPPI </ description >

< state > MT </ state >

< description > MONTANA </ description >

< state > AK </ state >

< description > ALASKA </ description >

< state > AL </ state >

< description > ALABAMA </ description >

< state > VA </ state >

< description > VIRGINIA </ description >

< state > AR </ state >

< description > ARKANSAS </ description >

< state > NC </ state >

< description > NORTH CAROLINA </ description >

< state > ND </ state >

< description > NORTH DAKOTA </ description >

< state > NE </ state >

< description > NEBRASKA </ description >

< state > RI </ state >

< description > RHODE ISLAND </ description >

< state > AZ </ state >

< description > ARIZONA </ description >

< state > NH </ state >

< description > NEW HAMPSHIRE </ description >

< state > NJ </ state >

< description > NEW JERSEY </ description >

< state > VT </ state >

< description > VERMONT </ description >

< state > NM </ state >

< description > NEW MEXICO </ description >

< state > FL </ state >

< description > FLORIDA </ description >

< state > NV </ state >

< description > NEVADA </ description >

< state > WA </ state >

< description > WASHINGTON </ description >

< state > NY </ state >

< description > NEW YORK </ description >

< state > SC </ state >

< description > SOUTH CAROLINA </ description >

< state > SD </ state >

< description > SOUTH DAKOTA </ description >

< state > WI </ state >

< description > WISCONSIN </ description >

< state > OH </ state >

< description > OHIO </ description >

< state > GA </ state >

< description > GEORGIA </ description >

< state > OK </ state >

< description > OKLAHOMA </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > WV </ state >

< description > WEST VIRGINIA </ description >

< state > WY </ state >

< description > WYOMING </ description >

< state > OR </ state >

< description > OREGON </ description >

< state > KS </ state >

< description > KANSAS </ description >

< state > CO </ state >

< description > COLORADO </ description >

< state > KY </ state >

< description > KENTUCKY </ description >

< state > CT </ state >

< description > CONNECTICUT </ description >

< state > PA </ state >

< description > PENNSYLVANIA </ description >

< state > LA </ state >

< description > LOUISIANA </ description >

< state > TN </ state >

< description > TENNESSEE </ description >

< state > DC </ state >

< description > DISTRICT OF COLUMBIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

</ salesCompensationList >

- < offeringSalesAmounts >

< totalOfferingAmount > 200000000 </ totalOfferingAmount >

< totalAmountSold > 0 </ totalAmountSold >

< totalRemaining > 200000000 </ totalRemaining >

< clarificationOfResponse > 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. </ clarificationOfResponse >

</ offeringSalesAmounts >

- < investors >

< hasNonAccreditedInvestors > false </ hasNonAccreditedInvestors >

< totalNumberAlreadyInvested > 0 </ totalNumberAlreadyInvested >

</ investors >

- < salesCommissionsFindersFees >

- < salesCommissions >

< dollarAmount > 20000000 </ dollarAmount >

</ salesCommissions >

- < findersFees >

< dollarAmount > 0 </ dollarAmount >

</ findersFees >

< clarificationOfResponse > Assumes the maximum offering proceeds are received, without the Dealer Manager exercising the Greenshoe option. </ clarificationOfResponse >

</ salesCommissionsFindersFees >

- < useOfProceeds >

- < grossProceedsUsed >

< dollarAmount > 180000000 </ dollarAmount >

</ grossProceedsUsed >

< clarificationOfResponse > Assumes maximum offering proceeds are received, without the Dealer Manager exercising the Greenshoe option. Proceeds are paid to the Managing General Partner for use in the drilling, completion, and operation of the Issuer's wells. </ clarificationOfResponse >

</ useOfProceeds >

- < signatureBlock >

< authorizedRepresentative > false </ authorizedRepresentative >

- < signature >

< issuerName > MDS 2024-Shale Development, LP </ issuerName >

< signatureName > /s/ Michael D. Snyder </ signatureName >

< nameOfSigner > Michael D. Snyder </ nameOfSigner >

< signatureTitle > CEO of the Managing General Partner </ signatureTitle >

< signatureDate > 2024-05-24 </ signatureDate >

</ signature >

</ signatureBlock >

</ offeringData >

</ edgarSubmission >