Subject	May not be a scam, but it is still high risk
Posted by	PEwithaZ on February 24, 2004 at 10:34 PM
	This message has been viewed 27 times.
In Reply To	anbody ever heard of this Scam? Maybe it's not a scam posted by Josh-M on February 24, 2004 at 06:10 PM
Message	First, the amount of money you are talking about could not possibly be 1/2 of the entire well. Drilling costs are much higher than that. Most likely, what your friend has purchased is a share of the royalty payments. Royalties will, of course only be payed if the well comes in, and even then it will only be a fraction of the total value of the oil produced. The chances of the well actually producing oil will depend on several factors but it could be as low as 1-2% What does NO ELF's mean RECYCLE PAPER - KEEP A TREE FROM BEING PLANTED 208.5 rwhp dynochart I deal in facts and figures, not feelings
Follow Ups	anbody ever heard of this Scam? Maybe it's not a scam - Josh-M 18:10:34 02/24/04 I wouldn't risk my money on it. (n/m) - YugoBernie (NoVA) 18:18:40 02/24/04 yeah, I wouldn't either- Seems fishy (n/m) - Josh-M 18:25:02 02/24/04 i would need to see some really hard proof, no phone calls - Z_animal 18:25:29 02/24/04 Actually I used to know somebody... - The Sixth 18:29:41 02/24/04 It looks like a scam.If he has any signed documents to proof - govaardz(Aruba) 18:31:16 02/24/04 Did you also buy ENRON stock! - Nizmo600z 18:41:36 02/24/04 Reading comprehension > you (n/m) - Snoguitar 18:54:46 02/24/04 you're one to be talking :P (n/m) - Red ZX (SoCal) 18:57:45 02/24/04 bleh (n/m) - Snoguitar 19:05:22 02/24/04 looks like a scam, smells like a scam, tastes like a scam... - dpjax 19:04:50 02/24/04 doesn't pass the smell test - fishy (n/m) - robo (sebring1970) 19:52:36 02/24/04 May not be a scam, but it is still high risk - PEwithaZ 22:34:01 02/24/04
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