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Keywords: drilling programClose
Publisher: Society of Petroleum Evaluation Engineers
J Soc Pet Eval Eng 3 (01).
Paper Number: SPEE-J71-3-8
Published: 01 January 1970
.... Many are "snowed" or dazzled by glowing statements from oil drilling program representatives about deductibility, tax savings, leverage of investment dollars, and the prospect of multiple return. They get so carried away with this sort of appeal that study of the prospectus inherent risk and intrinsic...
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