I've just read some comments made by an unidentified person on the Google link which includes my website http://www.oilandgasinvesting.com/ This nameless person who makes, and has made incorrect statements about me personally, and further makes unsupportable, and unfounded or untrue comments about an investment program he claims to be an investor. It appears to me he is still an investor in a legitimate oil & gas investment program which is 'still being developed' and which I have a control position.
First, nothing in this world is over until the 'fat lady sings.'
Second, facts are pesky things...get them straight, or keep your mouth shut!
Third, if you have a 'bone to pick' with a person you've invested money, talk to that person, visit that person, and spend some time at his place of business...or in the case of oil & gas deals, at the field sites, and where development operations are underway, and work is being performed by field crews. If the operation hasn't been shut-down, development work is being conducted; and phone numbers are still active, and the company's people are available, and keep in touch with you with updates, and reporting, then you have nothing to complain about.
Fourth, investors invest for two reasons in oil & gas drilling programs...to get very generous tax write-offs which they take, and to make more money than is possible in many other investments. The greed motive is always working in an investors mind. People do things in life to 'gain a benefit or avoid a loss'. Either you take the time to fully understand the Risk vs Reward model, and read your memorandum carefully, or keep silent until an oil & gas development operation is finalized before passing judgment. Accredited investors who I specialize with know this, and are professional about it.
Fifth, simply ask for documentation about the veracity, or truth to any, and all statements being made by management of any oil & gas programs, or ask for evidence to support its conclusions. Also be willing to discuss with the oil & gas developer his basis for information being provided in any updates, or the reporting on the progress or efforts which the company representatives can substantiate to prove the truth of something being provided to an investor. Be leery of anyone who is 'trashing' someone, yet won't provide his name, or a way to contact him. We call this being a 'chicken-shit' in the Army.
Sixth, apparently weak, and vindictive people think they can say or do anything these days without being called to task, or to account for their slanderous, and often distorted, or taken out of context, and/or incomplete, or deliberately false remarks these jerks make about an investment which can be easily explained, and documented. A Generally Accepted Accounting Principles (GAAP) audit for example done for an oil & gas company involved in the industry is a good place to start. My company LLC's are audited each year by professional accounting firms who understand oil & gas investment programs. We're finishing-up a GAAP audit now. Another way to learn the truth, is by simply talking with legitimate industry professionals who have no axe to grind, or ulterior motive or agenda; and get them to help you understand what is being done in the field to succeed at any oil & gas development effort. Ask these same oil & gas professionals to contact a company's equivalently trained, and experienced oil & gas professionals for a complete explanation of why or how a company is proceeding with it's development plan.
Seven, it seems some people today can only look to the negative, and want to indict hard-working people who work in small entreprenurial companies, and these hard working individuals simply want to succeed for themselves and their investors, and are willing to work for years and spend long hours, week-ends, and holidays to help 'passive investors' make more money than they can make in an often 'rigged public stock market' for example. We've recently and graphically seen exposed; those powerful companies who actually prove they are 'ponzie' scheme addicts, and because the show must go on, their music must too. This allows them with impunity to continue to perpetrate the myth of their competence...
In conclusion...I guess the secret is knowing when to pull-out your funds from big publically traded companies...if you can do so before it's too late...Enron comes to mind, and so do some banks, and other large corporations with so called government 'oversight', who engage in shadowy futures trading, or option trading methods, which use investor or client funds to make the big public companies lots of money by gambling with our money. We small companies don't enjoy this option...and one final point. "More oil has been found by the independents in the oil & gas industry in the US than the major oil companies." Check this statement out. Dennis
Wednesday, December 30, 2009
Saturday, December 19, 2009
Radio Program with Dale Jackson & AM 970 'Money On The Mark'
Our latest presentation about oil & gas tax write-offs which can be taken by accredited, and high net worth investors before the end of the year. Fundamentals about oil & gas drilling and development operations being used today, and examples given of current operations to recover oil & gas in the US now that market prices are higher.
https://www.yousendit.com/download/MVNkQndJQTZUME1LSkE9PQ
https://www.yousendit.com/download/MVNkQndJQTZUME1LSkE9PQ
Monday, December 14, 2009
Friday, December 11, 2009
Fossil Energy Techline
Conferences, and information about new advances, and inovative technology now being used to find and recover oil & gas in the US.
Fossil Energy Techline
Fossil Energy Techline
GITA. We Are Infrastructure.
Topics discussed on issues important to the oil & gas industry plus information about methods used in managing oil & natural gas resources in regulatory climate which are explored in discussions, and how new technologies are being implemented. Government grants, and financial support for work to explore, and study new alternative energy options.
GITA. We Are Infrastructure.: "Recent advances in hydraulic fracturing technology have led to a boom in gas production in shale play areas of the United States. Production, gathering, and transmission infrastructure are being constructed at a frantic pace in these areas. Increasing regulatory oversight at the federal and state levels will impact the functions of all operators, especially small- to mid-sized companies. This presentation will briefly review regulation currently in place impacting gathering system operations and requirements to comply."
GITA. We Are Infrastructure.: "Recent advances in hydraulic fracturing technology have led to a boom in gas production in shale play areas of the United States. Production, gathering, and transmission infrastructure are being constructed at a frantic pace in these areas. Increasing regulatory oversight at the federal and state levels will impact the functions of all operators, especially small- to mid-sized companies. This presentation will briefly review regulation currently in place impacting gathering system operations and requirements to comply."
Tuesday, December 8, 2009
Year End Tax Write-Offs For Oil & Gas Drilling Programs
http://whiskeyandgunpowder.com/climate-oil-reality-and-delusion/
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