Investing in Oil and Gas costed me $105, 000 | Brad Costanzo
11 Oct 2024 · 1 min

0:47
A first-person anecdote (Brad Costanzo, via Richard Canfield upload) about investing in two oil-and-gas wells. Speaker describes making multiple $25,000 investments, being subjected to mandatory cash calls (example cited: $10,000), becoming "pot committed," and ultimately having about $105,000 invested across the wells that was lost when the wells failed.
Questions this video answers
$25,000 each (two separate $25,000 investments).
$10,000.
About $105,000.










