Got My First Oil Check
I got my first oil revenue check today! It was for a whopping $35.12!!!! At this rate it’ll take 30 years to get my money back! Its for a project where they’re drilling 10 wells in the Gulf of Mexico.
To be fair the operators had told me not to expect anything until December 2007, so atleast they’re doing something.
I also got an email from them saying that as a christmas present they’ll be sending me a copy of The Millionaire Maker. Its a good book but I don’t recommend the mentoring course.
We finally resolved the insurance issue on our Natural Gas pipeline deal in Texas. Now thats resolved we can finally turn it on and start making some money! Of course it’ll probably be about 4 months before we see any money, but the insurance issue cost us atleast 3 months worth of delays.
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November 11th, 2006 at 10:57 am
Don’t remember the pipeline deal. Wasn’t there some other oil well deal? Some time would be interesting to get an idea how your portfolio breaks down into all these different investments percentagewise.