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Old 08-24-2007, 11:58 AM
MarkD MarkD is offline
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Join Date: Jan 2003
Posts: 3,396
Default Re: Anyone know anything about investing in natural gas wells?

You should find a reservoir engineer to do an assesment of the reservoir and potential lifespan of well. Natural gas prices are quite low right now, but should rise significantly over the next few years. A few hundred a month now could easily be a few thousand in a couple of years. Do not bother keeping it if you don't want to worry about it in 3-5 years as I would suspect that is the time frame where it will really pay off. The reason you need to get a reservoir engineer to take a look is that well's have a lifespan and will eventually die off. The lifespan may be a long time, or it may be quite short.

Take everything I say with a huge grain of salt. I am not an investment expert, but do work in Oil & Gas industry as an electrical consultant.
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