Rating 5.0 out of 5 (1 ratings in Udemy)
What you'll learn- At the end of the course students will understand how to confidently invest in direct participation oil and gas programs.
DescriptionThis program is aseries of documentary-style videos that explore key aspects of investing in "direct participation" oil and gas programs. The target audience for the products are investors who span the knowledge spectrum from zero knowledge of the oil and gas industry to oil field experts. …
Rating 5.0 out of 5 (1 ratings in Udemy)
What you'll learn- At the end of the course students will understand how to confidently invest in direct participation oil and gas programs.
DescriptionThis program is aseries of documentary-style videos that explore key aspects of investing in "direct participation" oil and gas programs. The target audience for the products are investors who span the knowledge spectrum from zero knowledge of the oil and gas industry to oil field experts. Participants learn how and why investing in Oil and Gas can be right for them.
The program looks at commonly asked questions:
Why Invest in oil & gas vs. other investment options
Why invest in direct participation vs. buying stock on public energy companies like Exxon/Mobile, Conoco/Phillips, etc.
Is it risky to invest in direct participation oil and gas deals
How is my Net Income calculated
How often do I get paid
What is the time frame between writing a check and becoming an investor and when I get paid from production
Where do you find oil and gas (Geology)
Why is well spacing important to understand
What does it take to get a new well into production
What can go wrong during drilling and production
How is my investment allocated (AFE and tax implications)
How much revenue am I entitled to and how much of the expenses am I obligated to pay (NRI% vs. WI%)
Are there varying degrees of project risk within direct participation deals
How long and how fast does a well produce and what effect it
What is secondary or enhanced oil recovery
What are the ongoing production-related tax advantages of investing in direct participation deals
What is the liquidity of a direct participation investment
What are the typical documents I will see and what do they convey
Is there any personal liability I have as an investor when I invest in a direct participation deal
How do I analyze an offering
As a direct particapation oil and investor who has invested in programs in the states of Nebraska, Kansas, Oklahoma, and Ohio the author has also engaged several subject matter experts including a CPA specilizing in oil and gas taxes, Geologists with the Geological Survey, noted college and university geology professors, and oil field workers performing tasks in the field to provide the student with an an indepth education.
