jeff
Jul 6 2005, 09:37 PM
I currently hold a farmout agreement on 1120 acres where I will be drilling a few oil wells. I am currently looking for investors for the project, but would be interested in finding a lender that would make a loan for this, if one is available. I don't have assets that would cover the total cost, but could offer some interest in the oil wells once they are productive as a type of incentive to make the loan. Any ideas here?