Dr. Kent Moors Money Map 1 investment in 25 oil wells.

By jussmokey, July 19, 2014

Does anyone have any idea how well the first investors did on this investment. It seems it was a minimum of $15,000 per unit
He is now offering Money Map 2 investment. Don’t know what the cost is but he is projecting a quick return of your investment.

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stephencmyers
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stephencmyers

The well that Dr Moors talks about in the first “Map 1” is described as Willard Unit #1H. That well is owned by Silver Tusk Oil Company (http://silvertuskoil.com). Their facebook page is (https://www.facebook.com/silvertuskoil). This company allows persons to become direct partners and invest. So, if you are interested, I would contact this company directly about returns.

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stephencmyers
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stephencmyers

No. I haven’t invested. Started digging when I saw the article. I’m thinking that Dr Moors is just frontrunning for Silver Tusk since Dr Moors mentions the well name that is actually owned by Silver Tusk.

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Rachel S.
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Rachel S.

Does anyone have any personal return data from Money Map Project #1? Did you ever get any independent feedback about the success of Money Map #1?

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stephencmyers
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stephencmyers

No. I didn’t get any documents from Silver Tusk. Apparently, Silver Tusk has Paul R. Fenemore has manager.
http://www.formds.com/filings/search?search=Silver+Tusk
Paul R. Fenemore is also involved with several other similar partnerships:
http://www.formds.com/filings/search?search=Paul+Fenemore

Maybe this multiple different “partnerships” with the same address or name associated with it is normal.
I think I will pass on this. If you follow up with Silver Tusk, let me know what you find.

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R.L. Shaffer
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R.L. Shaffer

I just came accross this conversation. I was born and raised in the oil and gas business and still participate in it with a brother who has had a lengthly career in Oil and Gas. To answer a few questions: 1) You don’t need committments to sell oil to refineries. If you are a legitimate operator, the oil company will transport your oil for you and pay you the current “spot” price. 99% of oil discovered by independent oil producers is sold this way. assuming that you have good quality oil, generally, just look up the WTI price on the… Read more »

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Millie
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Millie

whats the company that Money map project 2 is buying into?

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richardmethe
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richardmethe

Dr. Moors Money Map Project is offered as a screening of well investment opportunities. Each opportunity is evaluated for 10 key features, if they meet Dr. Moors requirements a project is mapped out and sold to subscribers, generally at 12,500 per unit. I purchased in project 1. The progress has been MUCH slower than advertised. In the first project Dr Moors estimated we would have our investment repaid in 6 months. Nine months in and the return so far has only been about 10% of our original investment. Big part of the problem has been getting rigs to drill wells.… Read more »

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s b
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s b

Money Map Project One violated ALL TEN of the Mr. Moors’ purported 10 requirements for investing. The pap in his marketing nowhere is backed up in the PP documents. The documents, if you bother to actually read them are very transparent. It is quite clear that if you invest, they will take all your money and might some day give some of it back to you. To start with they will take 25% of your money and put it in their pocket as a direct unaccountable payment. Then they will take another 12.5% of your money to pay themselves $850/acre… Read more »

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A.Fazio
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A.Fazio

Thank you for your comment. I am glad I didn’t invest my hard earned money.
Can’t find Rigs for drilling? That is interesting

Lee Spitler
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Lee Spitler

I am an investor in Project 1 & 2. Dr. Moors has an impeccable reputation in the oil & gas business. I have over 30 years experience in the oil & gas business both as a driller and investor. I have received $322 from Project #1 and $26 from Project #2 to date (11/26/2014). I have sent numerous emails and letters to Dr. Moors, Money Map Projects and Money Map Press and have never (I mean NEVER) received a response. I believe that Project 1 “Killed” their first well which could have been a screamer. Of course, this is based… Read more »

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A.Fazio
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A.Fazio

Thank all of you for your comments, wisdom and experience. I have tried to find out more but can find very little about his past results. I appreciate all the comments. Maybe it was a good idea but he has no control over the real operators and they run their own show totally. He is just a salesmen and gets money for his newsletter to put in his pocket. I know there are honest operators but I am beginning to wonder about how honest this one is. Maybe he was taken in by the oil company. I had a friend… Read more »

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jnosidam1
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jnosidam1

I think the whole thing was a scam. Moors pitch leads you to believe you’d get your investment back in 9 months or so. I’ve been in project #1 and #2 since the beginning and have received maybe 2% so far.(to July 2015.) If I had bought bad stocks at least I could have sold them. These units can’t be sold. Imagine, putting investors into this trap just to get a $5000. fee? The damage to the investor much greater than the fee they get. It’s like the vandals who do thousands in damage to get $50. in scrap copper.

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bhfool
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bhfool

lost $37,000.00. got a return of $2,000.00. Where do you turn people like this in?????

bhfool
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bhfool

My comment was negative, probably why it isn’t showing. I was ripped off $37 thousand dollars. That is a lot of money. Since 2014 I have received $2000.oo, that is just two thousand back for my thirty-seven thousand dollar investment on projects #1. Maddening!