Hey all,
I've been looking heavily at investing in oil and gas....I discovered a site that just does this through crowdfunding......crudefunders.com. More recently, I found a company out of Houston called wolfpackoil.com....this company seems to been similar as crudefunders, but not using a website. Does anybody know of either of these companies??
I have no knowledge of either site, but I would suggest reading up thoroughly on investing in oil and gas (especially as a working interest owner) before getting involved. There are numerous threads on this forum you can read about experiences as a working interest owner. It is not guaranteed income. In fact, working interest owners share in the expense of operating the well, which can result in expenditures exceeding net income. Working interest owners also may share in the plugging expense if a well is unsuccessful or not producing in economic quantities. Lots of risk involved.