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Joint venture oil well investing
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twraska
Posted 10/4/2021 21:12 (#9253143 - in reply to #9252277)
Subject: RE: Joint venture oil well investing


Wallis, TX
A friend once told me it was very easy to be scammed on an oil well, especially the ones where a quarter will get you a fifth ownership or whatever number they are using. The person that is running the show without any money involved has no incentive. If it falls into place he wins, if it gets hard, he just moves on, leaving the investors with a dry hole or a hole that could have been developed with more time and effort.
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