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To: Lorianne

Never fall in love with an asset. Had a small interest in an East Texas well. At the height of the boom in East Texas, a company approached me on the buyout of my interest. I ran the income numbers and the amount of oil to come online in the next few years. Grabbed the money and ran. Well value fell tremendously with the collapse of oil prices. One of the best decisions I ever made.


2 posted on 02/07/2016 7:57:22 AM PST by rstrahan
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To: rstrahan

One thing for sure. The prices will eventually go back up.


3 posted on 02/07/2016 7:59:22 AM PST by orinoco (Orinoco)
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