Direct Partnership Programs

Question 1

Four Main types of oil & gas investment programs

Answer 1

1) Exploratory Drilling Program - Areas without proven reserves (wildcatting)
2) Developmental Drilling Program - new wells in areas of proven reserves (returns less than exploratory)
3) Balanced Drilling Program - Both exploratory and developmental
4) Oil & Gas Income Program - buy properties with proven oil and gas reserves that are already producing (Lowest capital risk) You’re looking for income, not write-offs.