Oil & Gas

[jasonc]

I have been investing in Oil and Gas here lately, and have had much success. It really makes me feel better to know I am in on the profits when I go to the pump and dish out all that $$$$. Anyone else here invested in Oil and Gas, any luck? I've got a company I invest through called Sabre Oil and Gas. Good guys, and they have good looking prospects for less then you think. I can get in on one for $12 - 14K. Usually pays out in a couple months.

[Eric]

What kind of payouts? Are you buying futures contracts or what exactly?

[jasonc]

As far as total payouts, I dont know yet, the wells are still producing. But as far as getting all my money back, usually within two or three months. Out of six wells, only one has been dry. I have investened in several gas wells, and a couple oil wells. Seems to me the gas ones payout faster, but also deplete faster. I buy undivided working interests, usually 1/32. Infact, they are suppossed to start drilling our next gas well on Monday. I'll let you know how it turns out.

[Eric]

Interesting.

[Mschuste]

My family and I get approached all the time by oil and gas people to put rigs on our farm land. We have about 8 active wells that are really producing gas and oil. With oil being really expensive a barrel and the natural gas cost being at what it is, right now is a great time to invest in oil and gas companies. ::cough:: check out trading symbol KWK (quicksilver)