|
Q. Are there any risk for oil and gas investments? How do you manage the risk? A. Yes, there are risks involved for any types of investments. LUCA strives to provide our investors with strategies to reduce risk by conducting long range price forecasts, utilizing production optimization and low-risk drilling.
Q. How long does it take for investors to get their first distribution check? A. Usually 6 to 9 months after the investment is made. It takes approximately 60 days to start the production of oil and 90 to 120 days to start the production of gas.
Q. How long will it take for investors to get their initial investment back? A. Usually 24 to 36 months, depending on price and production. Investors getting their initial investment is not guaranteed.
Q. How long can investors get their distributions from their investment? A. As long as the Wells are producing, approximately 6 to 10 years for oil, and 20 to 30 years for gas. The number of years are only an approximation and is not guaranteed.
Q. Can investors use their funds from their IRA or 401K for oil and gas investments? A. Yes.
|