CRS262 RJ Burr: Oil and Gas Syndications and Raising Capital for Them
The Capital Raiser Show
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How to Invest in Oil and Gas
For every hundred thousand, you invest. Uncle Sam is going to basically pay for it. For that, what the partners do they put their money in to drill the wells. And for that, they get a tremendous tax benefit. You don't do it for tax benefits, but to not mention the tax benefits is you're leaving an arrow on the quiver. Yeah. This has been very insightful. We got to cover a couple of things here before we go into the lightning round though. My first question, I've heard that you can strike out like nine out of 10 wells that you invested. But if you hit the 10th well you can like hundred and twenty. So is this
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