Form D · Oil and Gas

Keystone Energy Fund 2025 LP

Pittsburgh, PA · CIK 0002078704

Offering snapshot reported Mar 17, 2026 · SEC filing

Reported sold: $12.9M
Investors reported: 72
Minimum accepted: $100K
First sale: Aug 4, 2025

Fundraising history

Reported sold

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$9,465,000 → $12,925,000
Reported investors52 → 72

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Mar 17, 2026	Amendment	$12,925,000	$3,460,000vs Dec 3, 2025	72	SEC filing
Dec 3, 2025	Amendment	$9,465,000	No comparison	52	SEC filing
Jul 30, 2025	Initial	Yet to sell	No comparison	0	SEC filing

Offering details

Securities: Equity
Exemptions: 06c
Duration over one year: No
Business combination: No

Sales commissions: $129K
Finders' fees: $0
Form D file number: 021-553275

Consists of a marketing fee and dealer manager fee.

Sales compensation recipients

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Recipient	CRD	Associated broker-dealer
Realta Equities, Inc.	23769

Source: Form D, filed Mar 17, 2026. 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
Name	Reported role
Zachary J. Avi	Executive, Promoter
Randall L. Morris	Executive, Promoter
Heather A. Rogerson	Executive, Promoter
Richard Saadeh	Executive, Promoter
Michael D. Snyder	Executive, Promoter

Issuer details

Industry: Oil and Gas (See others in industry)

Address:

603 Stanwix Street Suite 1750
Pittsburgh, PA, 15222