What's worse than being called a 'weevil'?
( ... being called a 'mullet'!)
" Don't lay a nickel on the table
until you've read this book . . ."
DOUG BENTIN, Columnist
Oklahoma Gazette

weevil? mullet?

Here's what you need to know:
Rig hands ...bottoms-up ....jug-hustler
....weevil! ...doodlebugger ...roustabout ...turnkey
Professionals ...behind pipe ...EUR ....blue-sky laws ...MWD ...undivided interest ...depletion allowance
Investors ...back-in ...payout ...overriding royalty ...burdens ...net revenue interest ...mullet!
Landowners ...minerals ...mineral rights ...royalties... severance ...correlative rights ...farmout

LET'S TALK AN OIL DEAL
Your Key to Oil Patch Lingo
Oil and gas investors, landowners, and petroleum
professionals rely on this handy petroleum terminology reference.
 (ISBN 0-9615776-2-2)

Suppose ...
Your brother-in-law (the "investment banker!") is telling you something like this:

" ... They were at TD, waiting on cement, when the toolpusher gave me a look at the E-logs . . . The mud engineer says there are several zones ... behind-pipe.

They'll give you a turnkey on the next wildcat location ... no assessments ... 3/16 leases ... a 75% NRI.

It's a standard third-for-a-quarter deal. The operator gets a carry to the casing point. No back-ins. The doodlebugger and the landman have carved-out an option to convert their overrides after payout ... but you get all the intangibles ... and the percentage depletion allowance!

There's a 1/32 interest available.

Well... What do you say? Are you in or out?"

  All of the terms italicized above (along with hundreds of others) are explained in both
Money in the Ground and Let's Talk an Oil Deal. 

Get this book!

LETS TALK AN OIL DEAL
Your Key to Oil Patch Lingo
by John Orban, III
120 pages, ISBN 0-9615776-2-2.
$13.50.

BookCover: Let's Talk an Oil Deal ISBN 0-9615776-2-2
MONEY IN THE GROUND
Insider's Guide to Oil Deals
by John Orban, III
416 pp, ISBN 0-9615776-6-5
$79.50
You probably know someone who needs a copy.

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