We’ve attended the SMART Expo 2008 held at SUNTEC on 29th & 30th March 2008, and this investment product offered by OilPods was the first to catch my attention.
In short, OilPods offers individual retail investors an opportunity to purchase ownership of Oil and Gas lease in the form of ‘Working Interest’, which derives its income from the daily production of crude oil and natural gas from the lease.
After one night of intense research on the web, we’ve decided to invest in this product. There’s a 7-Days ‘cool off’ period before we sign the contract.
The key purpose of this blog is to document the due diligence that I’ve done and will be doing before signing the contract, and also to keep track of this investment portfolio in the event that I’ve taken up the investment.
This blog is solely our personal experience (good & bad) with this new investment product, and I’m not in any way giving advise to anyone to invest in this product.
Entries (RSS)