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Speaker 1: Reworked wells and drilling into understanding like what the reserves,

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so knowing how much oil is underneath, right, again you

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drill into that. But the other piece to add that

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you know, really makes us successful with the investments we've

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done as well as raised for is the idea of

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portfolio of wells. So just like a property, there's a

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difference between a single property, right who may be doing well,

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may not be doing well, but the combination of all

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of them are really then the opportunity to have i

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mean really just you know security again, this thing, this

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concept called like a rent roll.

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Speaker 2: Right, you were listening to Carrie.

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Speaker 3: Let'sa's financial survival Network where you get valuable information you

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just can't find anywhere else to thrive in today's trying times.

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You need the Financial Survival Network now more than ever.

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Go to Financial Survivalnetwork dot com and get your free

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newsletter and gift. Financial Survival Network now more than ever.

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Speaker 2: And welcome you are watching and listening to the Financial

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Survival Network. I'm your host, Carrie Lutz. Well, today we're

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going to learn about how you invest in oil and

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gas wells without buying a stock, Actually investing in the

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physical will getting a percentage of its profits and a

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percentage of its tax benefits. Is if you know anything

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about oil, you know there are huge tax benefits that

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accrue when you own a producing well. Paul Graham is

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with us, Paul, Hey, how do you go from real

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estate broker, real estate agent to selling oil and gas participations?

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Very very carefully?

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Speaker 1: Sometimes the road is unknown, right, But one thing I've

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found through just my careers, I found that real estate

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was very interesting to meeting. I did portfolio commercial office

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leasing when I was a broker and really found that

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I'd want to be in the industry and self. But

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just the investment, the numbers of things were just fascinating

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to me. One of my superpowers is connecting people to

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capital and so behold with Strengthfinder two point zero, a

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little bit of time and knowing the right people kind

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of landed on the planet called the oil and gas investing.

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Speaker 2: So all right, So I guess there's some similarities here.

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Speaker 1: Yeah, I mean there's a number of different similarities. Like

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the best way that I go about to like explain

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this is because most people are familiar with syndications in

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the multifamily space, mainly because there's more multi family properties

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than you know, other types of assets. And traditionally that's

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how people like get into commercial real estate. Right, they

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know someone who's doing a syndication and they're like, yeah,

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I'm an expert in you know, multifamily because I lived

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in an apartment, right, And no shame on, that's just

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more of like they're familiar with it, right, And so

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as you look at like how you're comparing them, if

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you will, from like an investor perspective, a multi family

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property has a rent role, right. Oil and gas is

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a little bit of an amoeba. What I mean by

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that is you can either poke a hole in the ground,

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right exploratory, it could have oil, it could not. The

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specific projects that myself and other partners have like raised,

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you know, at this point over seventeen million dollars for

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I mean, we actually have a current project right now

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is on a portfolio of wells to rework existing wells

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as well as drill new wells on what is known

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for oil reserves.

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Speaker 2: Right.

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Speaker 1: So just like a rent role, you know, like what

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has happened, what will happen, and then you're just improving it, right,

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You're going into those rooms and you're improving them, right,

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and so really it's just then a transferable type of

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thought process. And I really want to you know, went

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through that explanation be because again my point is also education,

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because you could also talk to someone who's doing oil

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and gas investment, but they could really just be talking

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about a poke a hole in the ground, if you will. Right,

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there's also vertical and horizontal wells, which you know, they're

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kind of at nuanced sorts, but again just kind of

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comparing apples to apples, they're kind of just a different

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you know color.

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Speaker 2: Really. So Okay, so you're selling some reworks which are

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producing wheels that need redrilled because of the change in

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the composition, off in the nature of the oil reservoir

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that they're dealing with the projects you're marketing. Now, are

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they producing currently producing oil?

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Speaker 1: Yes, they're producing oil. If you know, I had my

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phone you know, next to me, I could shoot you

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a photo of some you know oil seeping through for

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another well that we just you know, brought on live

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as we're taking capital again to your point, like these

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are investing into the actual wells themselves and with that

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ownership and so it's a you know, an intentional bit

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for when and how you know these wells are you know,

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brought on and how much they're producing, because again, we

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have levers as opposed to I mean yeah, kind of

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like multifamily, you can't really say, hey, person, can you

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leave for two weeks we kind of want to increase

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rents and then you can come back. Right with oil

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and gas, you have those levers with the commodity market,

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and so you can then play that game really just

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then say we can maximize returns given the you know,

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current economic conditions as well as you know, minimize risk

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to ensure that we're not just producing for the sake

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of producing, right, So gotcha?

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Speaker 2: Gotcha? Okay, so so there's some production already. Nowten do

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the distributions get paid out? Are they monthly? Quarterly? As

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I work?

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Speaker 1: Yeah, so I mean these are you know, monthly distributions.

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I mean, really, it's just going to the mailbox at

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this point, right, And I mean that's sincerely of like

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it is going to the mailbox. It's not like a

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tenants and toilets you know sort of situation which I've experienced,

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you know, being a you know owner in real estate.

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And then just like with syndications, you know, oftentimes there's

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complex you know, cap tables or what have you. But

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I mean this is really just a legitimately going to

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a mailbox type of you.

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Speaker 2: Know, anaria. Okay, so, uh, what kind of return that

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we look in at here? Yeah, I mean.

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Speaker 1: We're we're i mean underwrote initially like a sixty dollars

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barrel type you know, framework around that twenty percent. I

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mean really with oil where it is today and the

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returns of what we're actually getting today, I mean is

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between thirty one to thirty three. There's another project we

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previously had that you know, produced I think it was

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like forty one. So there are you know a number

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of these small factors. But it's just to say from

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a track record standpoint, these at least in my opinion,

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are enough to get out of bed. Single digit real

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estate type returns are not. I'll kind of stay in

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bet at that point, right. You know, there was a

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high season for you know, the past four years or

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really like three years if you will, and then now

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again it's just to say, hey, it's shifted to diversification

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with something.

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Speaker 2: Like so, so who are the companies that that are

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selling these participations and what do I need to know

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about them.

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Speaker 1: So I mean, really, just like any syndication of sorts,

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it's you know, knowing the operators themselves as well as

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the details of kind of the market they're you know,

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playing into. Specifically, you know, with the one that we're

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raising for today is for through the Travino family. So

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it's a third generation oil and gas family that, with investments,

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have then been able to expand you know, their current

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you know, operating opportunity of which again returns to investors.

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This is in the Jack County, Texas area, and so

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you know, very well versed in terms of you know,

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how oil can be you know, produced as well as transported.

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So it's not in some you know, boomy kind of

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place where it's a gold mine, but you know, by

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the time it comes back, it's you know, you're you're

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using gas to kind of transport the gas kind of thing, right,

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So that's a little bit about it.

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Speaker 2: So all right, so, hey, what's the minimum investment in

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these types of syndications.

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Speaker 1: All over the board? Again, just kind of from an

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education standpoint, fifty tends to be the minimum for this

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and kind of another project, it's really been the minimum

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of one hundred thousand, and you know, we've done different

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projections so that people can kind of play with numbers

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of Hey, if I invested one hundred or two hundred,

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what you know, could that really turn into and again

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from people coming from real estate to oil, this tends

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to be the easiest you know, transfer of amount invested,

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especially because at least with this project you are able

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to invest with ten thirty one exchange money, which kind

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of changes the game, right if you've done a ten

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thirty one, or anyone else who's done a ten thirty one,

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like I get stressed from it. I'm in the process

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of maybe schooing another one right now. So just already

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knowing what I'm gonna invest in and not have this

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like unknown sort of piece is just in comforting to

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say the least.

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Speaker 2: So sure now I could see that for sure. All right, So, uh,

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you have to be accredited for this type of thing

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or unaccredited?

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Speaker 1: Yeah, I mean, for like, we've we've a couple of

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projects that are both non accredited and accredited. For myself

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as well, it's just to say like, hey, like, let's

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have a conversation. The reason why I'm saying that is

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because I've looked at a number of thing of leveraging

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my own finances where oftentimes it's like do I have

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fifty grand like in the bank to invest? Maybe maybe

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not right, but there's things like iras that you can

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you know, transfer into or you know, getting maybe a

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he lock on your primary to invest. And I'm not

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saying like you need to do these things, or my

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point is, you know, certainly want to just be a

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resource to educate individuals around oil and gas because it

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is a nuance and some people are to the level

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of sophistication in terms of explaining and education as well

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as operating right. And so really just want to ensure

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regardless of where and how you're investing, to ensure that

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you know, you have a great investment with amazing operators

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and you're able to do it. Sometimes people don't feel

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like they can. But by golly, if you're using this,

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especially for tax savings, like are you just going to

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pay the I R S or going to invest in

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something that then offsets you know that that income, right,

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and so playing with that working with your CPA. We

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work with a number of CPAs to help just support

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that for either you know, this tax season or you

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know even next so you actually know what's possible and

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you can do this thing called planning, because there have

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been years of my life where it's like, oh, don

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I really should have done that last year, and then

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I don't do. So that sort of planning sort of

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piece is uh is an important aspect. But like I said,

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you know, we have everything tighten it and button up.

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That's at least why I put my name on it,

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because I want to always do the best that's possible

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within just life but also just you know, with relationships,

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with returns, things like that. And so that's why we

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really enjoyed working with a third generation you know family

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oil and gas family.

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Speaker 2: That is so good. So what's the profit split between

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the promoter and the ters? How does that work?

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Speaker 1: Yeah? So I mean there's a bunch of different What

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am I trying to say that? Yeah, I mean I

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R I r R is kind of the best way

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to go about it, because this isn't a when you

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compare truly like apples to apples, right, there's different nuances.

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So it's just to say from an IRR standpoint, you know,

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twenty six percent of sorts of leases from you know,

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our underwriting and uh, you know, depending on what's invested

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and what's then return in terms of expenses. It's not

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like a traditional waterfall type model in the short explanation,

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So okay.

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Speaker 2: Gotcha, all right, So obviously it's so how have you

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seen these deals pay off in the past to have

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they all worked out? All your deals?

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Speaker 1: So all of ours? Yes, all oil and gas. No,

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again from my explanation of just kind of like poke

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on the ground, right, like that's a one hundred percent

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well maybe one hundred percent risk, but that's not a

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risk I'm willing to take. I take calculated risk. That

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just seems like gambling to me personally. So again reworked

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wells and drilling into understanding like what the reserves, so

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knowing how much oil is underneath, right, again, you drill

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into that. But the other piece to add that, you know,

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really makes us successful with the investments we've you know,

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done as well as raised for is the idea of

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portfolio of wells. So just like a property, there's a

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difference between a single property right who may be doing well,

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may not be doing well, but the combination of all

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of them are really then the opportunity to have i

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mean really just you know, security. Again, this thing this

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concept called like a rent roll right to you know,

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stabilize the overall investment, not just that single well, single asset.

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Speaker 2: So very difference being you have a lease of tenants

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beside leases, and I can't say, well, the price of

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housing down this month, so you're getting less money from me,

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but maybe next month it'll go up, so I'll pay

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you more in rent. Obviously there's market risk here, as

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there is a market, but sure it's more immediate. Whereas

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rents might go down in a given area, you're not

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going to have to worry about it till the lease

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renewal comes up. But with the oil, your impact from

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market to fluctuations is more immediate.

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Speaker 1: Right, Yes, it is impactful in the sense of the

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direct barrel price of oil. Right again in my earlier

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comment on really levers, right, so if prices are high, well,

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then great, Like what does that mean in terms of

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how the operator is going to maybe reduce some of

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the production on some wells or maybe all wells, So

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that way, again it's maximizing returns. So even though yes,

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ideally you want the highest price barrel of oil, there's

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also something to consider a rent because it is oil

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and there's only so much oil within that you know,

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specific reserve. At least with that technology we have today,

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we initially weren't able to go more than like a mile.

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Right now we're going all which ways and whatnot and

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constantly finding oil. My point is that just because oil

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is high doesn't necessarily mean that we're going to produce

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at all you know, heights and just you know max

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it out right, And that's not you know, my role

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essentially like as an operator. But it's something to understand

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for operators that they understand this thing called basic economics,

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right supplying demand to your point to then city to.

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Speaker 2: A few people understand that.

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Speaker 1: I mean, hey, I I took it. I took a

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class or two in high school. Then you know, going

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up and curve going down. Then sometimes it's kind of

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a lime and a coconut. But really it's just to say,

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like netting, like the operator for how they think that's

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also going to be you know, how they are in

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the decisions they make, right, same thing with multifamily, Hey

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are we going to do you know, cap calls? Are

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we going to do even you know, all renovations of

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all the property, or are we going to do over time, Like,

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it's really then understanding what's possible and then being comfortable

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with the risk that someone is taking on with the

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investment and how they're going about that as well, because

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you can maybe vastly disagree how they're approaching it. But again,

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if you're getting the returns, do you care? But again,

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understanding how they could you know, pull those levers is

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an important for any investment, right. This is regardless of

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oil and gas. So and that's just what I found

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from investing in PACID type investments or raising funds in general.

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Speaker 2: So this is not for the faint of heart, right,

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I mean you think somebody who's been a real estate

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investor twenty thirty years, how do you feel? You know

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what I'm saying, I hear it.

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Speaker 1: So my parents were in education and were you know

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lockeed Martin kind of security, right, just like had to

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be consistent, like just you know, ucracy to the m degree. Right.

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My point is just like people will go outside of

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their threshold with more information, and with more information then

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it's giving themselves permission to make a decision, right, and

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so say hey, like here's the type of returns, here's

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the benefits. It's this thing called oil and gas again. Education. Now,

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will the twenty thirty year veteran do this or do that?

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I'm not sure what's their risk portfolio, what's you know,

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their available cash? Are they looking to sell a property.

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I've seen people who were house flippers who had a

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seasoned career with it sell everything, stop the business, put

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everything into oil and gas and is now coaching individuals

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on mindset and success. And he's doing well not only

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for his business but also for his investments. And it

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really gave him the opportunity to live the ideal life

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that he really felt like he could. And that's my

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main mission reason behind just like talking about investments or

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just like bringing education, like two people, because oftentimes we're

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maybe one investment that is vetted very well right away

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from a different type of life. Maybe it's on the

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beach right with the lines in the coast nuts. Maybe

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it's just you know, a little you know, Disney World

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type of play money, right, or maybe it's more security,

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maybe those type of things. It's definitely not for the

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faint of heart. But if anyone has wired over, you know,

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fifty to five hundred grand buying their primary residence, you've

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already done the same garden thing. It's really just an

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investment in yourself and in your future than necessarily in

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the four walls that you're you know, really spending kind

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of the day to day around.

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Speaker 2: So's totally get what you're saying. And you know, I

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agree with you, but you know, and I see some overlap,

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but you know, it's not like you're investing in a

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business invest in the oil field, although you are to

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some extent, but you know, it's just a different, different mindset,

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I guess is the term I'm looking for. All Right,

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so you involved in this? How do people connect with

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you on the web and how do you uh, how

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do you get how do you buy your first oil?

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Speaker 1: Well you can, I mean, if anyone's going to buy themselves,

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you know, good luck. But jokes aside, it's just saying that,

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you know, yeah, I hear you. It's just to say that,

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you know, for us, you know, the best way to

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connect and like have that conversation is going to Traveno

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Resources dot com slash invest reason being is just gonna

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give you the highlights of like y oil and gas

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and you know, an opportunity to schedule a you know

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call with myself as well as the main operator of

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the company to give the information and resources you need

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to make the best decision for yourself. I'm all all

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over you know, social media, what have you LinkedIn? Can

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be a good way to connect with me.

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Speaker 2: Paul H.

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Speaker 1: Graham last name spelled that Graham Cracker and you know,

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happy to help with anyone for education as well as

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I mean really just even conversation on capital raising. Sometimes

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it's kind of tough right now, right in the twenty

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twenty four market, we're kind of holding back. But we've

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really seen how people have been holding back, waiting and

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then come you know, election, and I mean there's at

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least from some capital institutions or kind of levels like

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they're kind of waiting to then just you know, press play.

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So some good opportunities out there.

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Speaker 2: Okay, Hey, you got a question for Paul and myself,

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shoot me an email kl at carrie lets dot com.

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I find the oil of investing very intriguing. I've done

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pretty well in the past when I've done similar types

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of investments. And hey, you'll find a link right to

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Paul's site, go over to Financial Survival Network dot com

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and while you're there, just click the button and subscribe

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to our free newsletter. All really intriguing investment opportunity option

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and we'll look forward to having you back on again.

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Speaker 1: Harry, thanks so much for the time, got a blast.

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Speaker 3: Thanks for listening to Carrie Letz's Financial Survival Network, your

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solution to today's trying times. For the latest, go to

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Financial Survivalnetwork dot com. Financial Survival Network now more than ever,