General Oil/Gas/Natural Energy

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It's a tough deal to find an legit oil/gas play. The ones that I know of do not go public until they have been in business, turning a profit and are looking to get to the next level (so to speak).

For example:

I'm familiar with a guy that bought a field just north of Hardin, MT. It was a field that the big companies didn't deem worthy of developing. It is shallow "river bed" gas. Wells are averaging 900 ft. deep.

They can have a well in place within a couple days. Average cost is $100K/well. They expect each well to pay for itself in 90 days. They just went online selling gas in the last 2 weeks and some of the wells are producing much better than anticipated. They will drill 30-70 wells this year depending on several factors.

The company is 100% privately funded.

RockWell Petroleum that I've been posting about is another good example. They are growing leaps and bounds. They have stayed private and will go public soon. They were waiting to prove their technology a second time in Osage WY.

They will go public but will not be a penny stock by any means. They would stay private (profitably so) but they have the potential to grow into one of the largest companies in the country with the technology they have developed.