News
Oil and Gas investment opportunity
Mon, Dec 20th 2010
With around 3 months until the close of the Seneca Oil and Gas Opportunities fund, and with the weather as cold as it has been for many years, now could be a good time to consider this new fund to the website.
Having the capability to extract oil from the ground at around $25 per barrel, the fund is well placed to deliver its target return to investors of 23.5% p.a. for the next 5 years because
1. the average price for a barrel of oil is expected to be at $70 for the foreseeable future.
2. the cost of a barrel of oil could well exceed $100 again
3. the price of oil is expected to climb over the next decade
4. during 2010, the world is expected to consume an extra 1.25m barrels of oil per day
5. while oil and gas demand is increasing, the supply is gradually decreasing.
Log-on and go to the summary page, clicking-through to the website of the provider to discover how more about this fund.
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