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Developmental Oil and Gas Partnership
(redirected from Developmental Oil and Gas Drilling Limited Partnership)

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Developmental Oil and Gas Partnership
A lower-risk oil and gas limited partnership. The general partner uses the investment money from the limited partners to drill in a proven oil or gas field, and not in an unproven field. This gives the limited partners a good chance at a steady return, but little hope for sudden profit. The typical partnership unit for a limited partner costs $5,000, and the limited partner risks no more than this investment.
developmental oil and gas partnership
See oil and gas drilling limited partnership.
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