You could run the company like the old ISRAMCO, Inc was run. It was run by maybe no more than 3 people. The investors were mostly other oil companies, yes, as long as you don't charge 100% to manage a project, other oil companies will hire you to manage an oil well, Excess money was put in Israel oil stocks (remember, "bless Israel"). The stock ran post split for as low as $2 a share in the 1990s. About a half dozen years ago, Isramco, Inc sold to other oil companies for about $150 a share. Don't confuse the old Isramco Inc with today's Isramco LP, they are different companies.
Like Zion Oil, all the work, INCLUDING PAPERWORK, was contracted out.
The 3 people who ran ISRAMCO today, if still alive, are incredibly rich. As are stockholders who held from $2/share to $150/share. And in case you are wondering, the 3 people who ran ISRAMCO Inc held about 75 to 80% of the stock.
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