Investing in Oil and Gas Wells Paperback – November 5, 2007

Bought for the finiancial piece and it really helped explain the concepts. Would recommend to anyone looking to learn more about investing

Not indepth

The book is clear and concise, albeit dense in some parts as the concepts are complicated and/or simply new to me. The book has six chapters which can be divided into three sections: 1) the description of the oil and gas exploration and production process, 2) the tax advantages of oil and gas investing, and 3) the descriptions of deal structures one may encounter in the oil and gas industry and the financial concepts one may use to analyze the profitability of a project. I have been searching for reading material that explains the mechanics of oil and gas drilling and found the book particularly useful in its description of the process from exploration through production. In all, the book is a great recitation of a complicated subject, I would recommend it to someone looking for a primer on oil and gas investing.

I've bought many copies of this book over the years. Great book, I give them to my sales team to help them better understand what our company does and what they're selling. I just tried to order 10 copies, but was restricted and now can't order them again. The seller has put a limit to the number of copies each person can buy...seems like a poor marketing strategy to me...I'd imagine you would want to sell more copies and make more money..but maybe that's just me..

Found the book to be boring.

This book has been helpful for training new brokers in the oil and gas industry. The FINRA licensing tests are fine for the regs, but this puts it in investor-friendly form.

This book has good coverage of oil and gas exploration for a broad audience, but could stand to have a few more illustrations and tables to explain some of the concepts. It's got a pretty thorough step-by-step explanation of the process from exploration to drilling to (hopeful) profit. Who knows what black gold lurks under yonder plains; this book can help you find out. It's a reasonably quick read and pretty dense.The book's coverage of the AMT (Alternative Minimum Tax) is particularly useful; for many energy investors the AMT is becoming more and more important. I haven't seen any other books of this type that so thoroughly cover the impact of the AMT. Did you know that the AMT can result in double-taxation? This book explains how to structure your investment so that if you make more than $100,000 (which hopefully you will) you'll be able to minimize the risk of getting hit with a huge AMT bill.Hopefully the next edition will fix the problem with the charts; it's hard to follow some of the tax examples without having a table or a chart or something.

Very thin, light on details, and I had already gathered most of this information with a little web surfing.