arnie70...re ngas. This company has the best symbol in the energy field. I don't like them. If you look at the actual production company, they have poor reserves and don't make much off the actual production of ngas.
They are professional energy program organizers. They get investors to fund their programs and then they hire themselves to drill the wells. Most of the money comes from drilling. They give the investors just enough so they will come back but the wells they hit are small and low producers but they hit almost 100%.
I think this is almost a scam. There is no chance of getting rich from natural gas here. There is only a chance to do ok IF these guys fleece enough investors to pay their drilling rigs. Oh, they also own the pipeline that ships the gas and charge the investors for transporting their gas also.
I like increasing production and reserves. Real companies, real wells. These guys don't qualify. Most people don't understand what they are doing and are just buying the symbol. You might disagree but I pass. Bobwins
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