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- Aug 29, 2011
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Curious if you are recommending or pitching. On United's website they are soliciting $100,000 investments and simultaneously explaining what 'ROI' is?!Word in. Houston. With Keystone and its 100k jobs shut down, look into either direct investments (need big $ here) in physical West Texas oil wells or funds/ETFs that are pure plays. Direct brings significant Tax breaks.
Not drillers or services. Ownership of land, rig and crude oil produced under/from them.
In Houston. Trusted source. Gov Abbot will not yield to green pressure on this and he is going to let shipments flow freely to gulf coast or refineries. Easier to do than it sounds.
About $250k and up for quality direct opportunities with some dry well risk. Do the due diligence ... Or let a fund manager do it for you.
See on the interweb google search United Exploration llc.
Good day and good luck.
PS. I went in last week.
Also significant touting of tax deductions, a red flag for those of us alive in the 80's.
I too would like to avail myself of the OPM subset of people that have 100K to invest speculatively and cannot define ROI.