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To: truth_seeker

Why did you leave the lucrative field of oil & gas/petroleum engineering to work in real estate?

Just curious.....I’ve been dying to get back in ever since I quit my landman job.


41 posted on 12/01/2008 8:02:40 PM PST by St. Louis Conservative
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To: St. Louis Conservative

“Why did you leave the lucrative field of oil & gas/petroleum engineering to work in real estate?

Just curious.....I’ve been dying to get back in ever since I quit my landman job.”

I left oil exploration and production engineering (Signal Oil & Gas. Co.) for the energy engineering and construction business (Fluor). I’m a business/finace major, not engineer.

I left that when that company underwent tough times; got into real estate, and have stayed since.

Both industries are cyclical. It is near impossible to craft solid business plans when oil swings from $150 to $50 per barrel in six months time.

Obama plans to make policy aimed at higher energy prices.

Landman is sort of like oilfield real estate, right? Buy, lease, royalties, etc?

I’m a little advanced to start from scratch, but the idea of getting back into energy is attractive. Yesterday I met a PhD, who recently retired from the National Renewable Energy Labs at Golden CO.

He is 67 and working for a Solar Panel company. He said Bush did more for solar than anybody gives him credit for. Maybe for Pickens?


46 posted on 12/01/2008 9:41:45 PM PST by truth_seeker
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