The Sweet Smell of Oil |

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The Sweet Smell of Oil

By Jillian Wheeler | May 29, 2008

Have you ever driven by an oil or gas well at work, and wondered how much income it generates for the owner of the land on which it’s situated?

It all depends on the productivity of the well, and how much of the mineral rights the property owner
retains. The owner has two potential sources of income: the mineral lease payments, and royalty payments on minerals actually found on the property.

With oil prices skyrocketing, U.S. oil companies are once again investing heavily in the search for new oil and gas deposits in North America.

I recently heard from a friend of mine who bought some land in the country through one of the government
programs described in our real estate product, “The New American Land Rush: How to Buy Real Estate with Government Money.”

www.NewAmericanLandRush.com

When he bought the land, he also received half the mineral rights. Now it turns out geologists have identified a rich deposit of oil that spreads under thousands of acres in his county.

He just signed a lease giving the oil company the right to drill test wells. The oil lease is already bringing him a substantial windfall income, and if the test wells hit oil (as they already have for some of his neighbors), he’ll soon be a very wealthy man.

Oil drilling has improved greatly over the past decades. It used to be a smelly operation, but technological
advances have made oil drilling much safer and less intrusive for land owners. The test wells haven’t interfered with my friend’s ranching or livestock, and right now he’s enthusiastic about the sweet smell of oil.

As much as we’d all like to lessen our dependence on petroleum, and I certainly support the development of alternative energy sources, the search for new domestic petroleum resources is underway. Individual land owners will be among the beneficiaries.

If you’ve dreamed of owning a farm or ranch, there are government programs that can make it possible.

Government grants and low-cost loan programs are helping investors, developers, and regular people, acquire homes, duplexes, apartment complexes, even country estates, all with government money.

It’s all here in “The New American Land Rush: How to Buy Real Estate with Government Money:”

www.NewAmericanLandRush.com

Right now “Land Rush” is on sale at the lowest price of the year, but that sale ends this week.

Don’t miss your best opportunity yet to let Uncle Sam provide you with the investment capital you need:

www.NewAmericanLandRush.com

Hurry on over and check it out.

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