Speaking of Wells - I almost forgot to mention
Post# of 1033
Speaking of Wells -
I almost forgot to mention we have our hands in another type of "well project" ---- Oil Wells !!!
Q: What's better for a holding Company, Oil wells or Water wells?
Well.. that's up for debate... to Mining professional Greg Lowe an oil well or oil bearing soil would cause the gold in his machines to float up off the higher water tension.... so I'm not sure Lowe would want an oil well pumping near his operations.
Conversely, Oil wells for our holdings..."Well" we just need to keep them very far away from the mining projects...that's all.... Oil wells once drilled can pump Oil into storage tanks (ready for resale) for over 30 years!!!! Some wells have been known to pump oil for 60+ years and even longer!!!
http://oriondhc.com/news-information/patent-n...-ventures/
Therefore, Oil Wells are not a bad long-term play IMO, plus there are some wonderful tax benefits to owning multiple oil wells. With that said, the project above is a perfect start for the ORION DHC, Inc. Oil Ventures.
RH-OODH
CEO
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