Bubble Witch Saga 3 Industrial Deals Best Books of the Month Shop new men's suiting nav_sap_hiltonhonors_launch Alexa on Mobile PCB for Musical Instruments Starting at $39.99 Grocery Handmade Tote Bags Book a house cleaner for 2 or more hours on Amazon Spider-Man: Homecoming available to buy Spider-Man: Homecoming available to buy Spider-Man: Homecoming available to buy  Introducing Echo Show Introducing All-New Fire HD 10 with Alexa hands-free $149.99 Kindle Oasis, unlike any Kindle you've ever held GNO Shop Now ToyHW17_gno

Customer Review

on June 15, 2011
I was recently approached by phone to do an oil investment by some random company. The numbers and tax advantages of the deal sounded amazing to me, but I knew not the first thing about the oil business. I didn't know what was a good deal and what wasn't. I ended up turning down the deal and decided to research the business end of oil wells and learn more about how the whole process works. I wanted to be educated before throwing my money around.

Being a beginner in oil & gas investments I picked up this book to get up to speed with oil & gas wells. It is hard to find books that focus on the private drilling business end of things and this book explains exactly that. I don't want to put my money in a common oil stock or index. I know that there is much more money to be made and greater tax advantages getting in on the business side of things. This book covers that. This book walks you through not just the business side, but also the geology, drilling, production and refining side of oil as well. Having read the book I now feel much more knowledgeable and comfortable in negotiating oil & gas investments. I now have a basic understanding of all the different components involved in an oil or gas deal and am able to explain the process to my partners and family members.

Chapter 12 was my favorite chapter as it explained how a typical oil & gas deal goes about. This chapter really put it all together and allowed me to see everything I had been reading about in action. I really do think that I now have a pretty good understanding of the different parties involved and the different ways that percentages and fees are paid.

I would highly recommend this book to anybody looking to gain insight into investing in oil and gas wells. A well organized, fantastic read!
11 comment| 17 people found this helpful. Was this review helpful to you?YesNoReport abuse| Permalink
What's this?

What are product links?

In the text of your review, you can link directly to any product offered on Amazon.com. To insert a product link, follow these steps:
1. Find the product you want to reference on Amazon.com
2. Copy the web address of the product
3. Click Insert product link
4. Paste the web address in the box
5. Click Select
6. Selecting the item displayed will insert text that looks like this: [[ASIN:014312854XHamlet (The Pelican Shakespeare)]]
7. When your review is displayed on Amazon.com, this text will be transformed into a hyperlink, like so:Hamlet (The Pelican Shakespeare)

You are limited to 10 product links in your review, and your link text may not be longer than 256 characters.

Please write at least one word
You must purchase at least one item from Amazon to post a comment
A problem occurred while submitting your comment. Please try again later.

There was a problem loading comments right now. Please try again later.