| 释义 |
developmental oil and gas partnership Developmental Oil and Gas PartnershipA 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. |