Impact Global Resources, since 2008, has been specializing in custom alternative investment programs with oil and gas. In order for them to reduce the risk that goes into oil and gas exploration, IGR realized they needed to combine efforts with other opportunities that exist with an oil and gas space and expound on their current offerings and portfolios. To that end, IGR now owns a production deal and they're looking to combine those opportunities and sell them as one. Moving forward, those are the types of joint venture partnership deals they're looking to build.
With current oil and gas prices dropping, it's a strong buying signal, which is something IGR passes off to their investors. According to Art Storck, Senior Sales Leader at IGR, investing in oil and gas makes sense because of the boutique niche it plays in their space. Even with the decline in oil prices, the way that their deals are structured, there still is an opportunity for their investors to make money, he says, adding that's ultimately the forefront of their values at IGR.
Regardless of which space you invest in, whether it's exploration or production, Storck says there's something called "mailbox money," which generates monthly cash flow back to the investors. IRG sets aside money on a monthly basis in order to provide re-work opportunities where there is possible increase in production, which continues to add to the monthly cash that comes back to the investor.
While there's misconceptions in every industry, Storck says it's really about the conception of the investor and what is the reason behind some of the issues out there in the industry. IGR stands behind communication and in doing so, reaches out to their investors weekly or even daily to keep them abreast as to what's going on in the field. This is what Storck believes puts IGR ahead of their competition.
Being very involved in the business, Storck believes oil prices will continue to stay low at around $60 a barrel and doesn't anticipate they'll go much less than that. He sees a forecast in 2015 of it getting back up to $70-$75 and by 2020, back up to $100-$110 a barrel.
Art Storck is the Senior Sales Leader at Impact Global Resources and spoke with Alternative Investing News providing online alternative investing video news content. Alternative Investing News is a featured network of Sequence Media Group. This video was brought to you by Vantage Self-Directed Retirement Plans.