gas well investment

I have found a company who is selling ownership of gas well. The investment is about 60K for one percent of the well ownership.

The return depends on the gas production. It takes about 16 to 30 months to re-cop the intial investment (average is 20 months). The life of the well is more than 20 years and could be 40 if lucky. Every 5 to 6 years, additional investment (about 20K) is needed to maintain the production.

Do you think it is a good investment?

所有跟帖： 

• Does anyone have such investment? -planotx- ♂ (303 bytes) () 06/06/2007 postreply 14:20:44

• Any true/smart investor here? -planotx- ♂ (0 bytes) () 06/06/2007 postreply 14:39:14

• 回复：Does anyone have such investment? -cu- ♀ (58 bytes) () 06/06/2007 postreply 14:58:38

• please check your QQH -planotx- ♂ (0 bytes) () 06/07/2007 postreply 02:55:37