Trade Lead Description:
Unique investment that runs a monthly return, based around Percentage ownership.
Baron Traders are proud to present this Percentage Ownership income-based vehicle.
About the Investment
- The investment is Percentage Ownership
- 1 contract purchases 1.3655% of the well
- 1 contract is £10,000.00
- Returns generated per barrel
- The price per barrel is dictated by WTI Crude minus $8 (as its pre-refinery) and is exited directly to the refinery
- The oil well runs 24/7
- The investor is paid monthly in arrears - Limited availability
Examples (based on 1 contract worth £10,000.00)
A ’dud well’ as it is known, only produces 9 barrels per day:
Monthly income: £163.31
Yearly Income: £1,959.73
Percentage return p/a: 19%
Monthly income: £2,177.48
Yearly Income: £26,129.72
Percentage return p/a: 261% (based on 120 barrels per day) Based on the previous well (600 feet away) 288 barrels per day: Monthly income: £5,225.94
Yearly Income: £62,711.63 Percentage return p/a: 627%
| Type of Offer: |
Offer to Sell |
| Quantity: |
Not Specified |
| Packaging: |
Not Specified |
| Price / Incoterms Conditions: |
Not Specified |
Posted from UK - South East of England on 1 May, 2013
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