Quickstart     Cashflow File     Day     Participation     Other Financiers    Map     Oil Rights     Well Depths     Partnership     Dealmaker

  Shotgun Agreement     Running in the Red     Bankruptcy     Share Price     Corporate Position     Fast Track     Winning

  Leaving the Seminar  Hostile Areas  Subsidies  Joint Ventures  Administrator  Drilling Contractor  Rig Move Cost  Depletion

  Expiry of Rights  JV Leader  JV Drilling Decision    Posting Land    Waiving Extension Fees 

• You can take on the roles of drilling contractor, oil producer, land speculator, or any combination of these roles. You can shift roles as the seminar changes its dynamics.

• You put your land holdings into a joint venture or work them up yourself. 

• You can take on a leadership position and become a dealmaker or you can wait until other financiers approach you.

• You can do thorough financial analyses for each deal that comes your way or just use some common sense.

• You can take on a cooperative strategy or become a free rider and wait for others to drill the risky wells first.

It all your choice! It will be your OilFinancier share price that determines if you know what you are doing. There's no professor marking your exam in OilFinancier. 

Temporary Absence

For many reasons, life does have shifting priorities. If you find that you have a temporary situation that makes life difficult to participate in OilFinancier (such as a vacation or a big project at work with an impending deadline), you can make yourself an inactive player by not entering into negotiations with other financiers.

The administrator will still make the appropriate calculations to your cash flow sheet and your share price, as if you were still active. If you have several producing wells when you become inactive, you should have a pretty good cash position to jump back in to the seminar when you return to an active status—and take advantage of new opportunities that weren’t there before you became inactive.

Note 1: You will still be receiving emails from the administrator and other financiers while you are inactive. If you see emails with OF# in the header, you can just ignore them until you are ready to join the seminar again.

Note 2: For OF2, I am going to impose a time limit for how long a financier can be inactive, which will be about 50 to 75 OF days. If you do not make at least one deal within this time, I will remove you from the seminar. Your cash flow, oil rights, and drilling rigs will be auctioned off.

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