Oil Investing Information from Oilscams.org
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What to look for in oil and gas drilling projects to avoid oil scams:
- Obtain notarized copy of the lease where the operator plans to drill with insurance.
- Make sure the drilling investment is with the drilling operator.
- Find an AFE is available to see what the costs are for the oil gas investment to avoid oil scams.
What to avoid when investing in oil and gas drilling:
- Watch out for brokers and dealers.
- Never invest if the net revenue interest is less than 70% to the 100% working interest.
- Do not invest into an LLC designed just for the oil gas investing offering to evade an oil scam.
