Hi, How long is your investment? Did u get the 3% interest quarterly? Is there any dragged payment? Did you got back your Capital already??

Hi, How long is your investment? Did u get the 3% interest quarterly? Is there any dragged payment? Did you got back your Capital already??

Thanks for your feedback.
Capital Asia Group looks ok to me. I just worry about the middle one called Proven Oil Asia.

What I mean is the value u invested. Your capital.

Today oil price dropped below $40/b. We have received a message from Conserve Oil Group, that oil companies in Alberta has been giving low royalties to zero to the government because of low oil price.
Here is the link:
http://www.cbc.ca/m/news/business/comparin...akota-1.3071622
Hence, from the latest update from Conserve Oil Group official website, Conserve Oil Group able to made profit up to CAD $45/b in certain oil well in April 2015 when the oil price was around $50/b-$55/b.
Here is the source:
http://www.conserveoil.ca/wp-content/uploa...ews-Release.pdf
That's why, they are still able to pay us 1% a month from the producing oil field.

Thanks. I'm not planning also but once looking at it. Nice info u had there.

But this document is on the director to ask him to resign. Company definitely lost money but not yet bankrupt. Correct me if I'm wrong.

This post has been edited by knight: Sep 2 2015, 12:37 PM

Thanks for the Info man. So looks like the company is not stable due to the instability of the oil price.
Just end of last month, Petrol price peak up to 48USD/Barrel from 38USD/Barrel and sunk a little. I wonder is a good news or not. But I heard US now try to reduce the volumn for crude.

So far no news from this crude oil investment. Or maybe they did not forward me their news anymore. Crude oil is falling and expected to drop further down this quarter. Can this crude oil investment (temporary transfer oil between supplier and POA) be making money? Maybe yes, but I dun think they will have further project to get the contract signed.