Oil & Gas Partnerships

Oil & Gas Partnerships
 By Finance Ocean

An investor in which of the following oil and gas limited partnership programs would bear the greatest amount of risk?

Pick an answer:

1. Combination
2. Exploratory
3. Developmental
4. Income

Answer: # 2


Explanation: Exploratory oil and gas limited partnerships are considered to be the most risky.

Such partnerships drill new oil wells where oil has not yet been discovered and therefore carry a lot of risk.

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