At the Summer NAPE Expo in Houston last month, ‘serial entrepreneur’ Rodney Giles launched his new company, ‘eOilBoom.com.’ eOilBoom, claimed to be the first oil and gas crowdfunding platform, leverages a ’ proprietary and patented pending’ platform to link oil and gas deals with accredited investors. The entire process, from due diligence to completion of a transaction takes place online. Giles stated, ‘The masses now have the opportunity to invest in oil and gas instead of the traditional volatile stock market. With our platform, they can acquire a working interest in a lease or royalty stream. We provide both drilling prospects as well as long life production deals.’ More from eOilBoom.
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