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re: Anyone ever buy an oil field or buy interest in an oil field?
Posted on 8/17/14 at 7:10 pm to cwill
Posted on 8/17/14 at 7:10 pm to cwill
quote:
Another thing I failed to mention above is the accounting side. You have to be able to account for your rev then distribute to your lessors, other royalty and overriding royalty owners every month for the trailing 90 days at minimum.
E&P Accounting....
![](https://i.imgur.com/tjMxP01.gif)
Listen to cwill. If you want to invest in O&G, go by some E&P stock.
For every story you here of someone getting lucky there are hundreds of people losing everything.
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