Oilpods investment - Brookshire Salt Dome

On 28/03/07, I purchased 2 units of Brookshire Salt Dome project from OilPods.Com
Contract was signed on 30/03/07
Cost = US$10,000 ( S$15,210 )

The idea behind OilPods investment is broken down into 3 stages
1. Development Phase ( 1-2 years )
9% p.a. ( monthly income )

2. Breakeven Period Phase ( 1.5 - 3 years )
Steady stream of monthly income to recover capital

3. Residual Returns Phase ( 10-20 years )
9-12% p.a. ( monthly income )

My share of the project is
Brookshire Salt Dome Lease, Waller County, Texas, USA.

I received my first monthly income on 7 sept 2007
= $114.49

I received my title deeds from my agent on 13 sept 2007
( ~ 6 months from contract )

Oilpods.Com is the marketing agent of Powder River Basin Gas Corp in Singapore. PRBS is a revenue generating producer, acquirer, and marketer of crude oil and natural gas properties. It has interests in Texas, Oklahoma, Louisiana, New Mexico, Mississippi and Wyoming.

Oilpods
Powder River Basin Gas Corp