American Energy Production Inc(fka AENP)

[jsc52033]

farm123 by selling partnership interest they get the investors to pay for the cost of drilling, they conserve capital to maintain equipment and or acquire other leases. Its the same reason you buy insurance. If you have a loss someone covers it for you. Nothing is 100% in the oil patch. Marvin Davis one the most successful oil men of the 50-60's had more dry holes then producers. He sold intersts in wells and ended up with a huge oil company. I invest in leases and oil companies. I don't do partnerships (partners are for dancing) by holding the lease or an interest in the drilling company I have multiple chances of winning if I invest in a hole its only one shot and then the pot is split. I bet you like to gamble and as most gamblers you loss more then you win.