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re: Anyone ever buy an oil field or buy interest in an oil field?
Posted on 8/15/14 at 10:09 am to TheIndulger
Posted on 8/15/14 at 10:09 am to TheIndulger
If they are offering interest to the public it's not a good deal
Posted on 8/17/14 at 7:21 pm to yellowfin
quote:
If they are offering interest to the public it's not a good deal
this is the key point...if you've got quality people working a quality lease they are going to get all the money they need from private investors or institutions...if they're taking to small investors, they have a bad deal they can't sell to 'real' money or they want to fleece them with bad pricing...stay away
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