Direct Participation in Oil and Gas Drilling Programs – Part Two – Memorandums

Learn to understand more about Memorandums that are used in Direct Participation Drilling Programs. A potential investor must be provided a full disclosure document known as a Private Placement Memorandum a.k.a Confidential Information Memorandum or Prospectus. This memorandum is required by law and must be presented to the potential investor before any contracts are signed and a sale is made.