G2 Petroleum
G2 Petroleum
2008
—
McKinney, TX
Texas
Oil & Gas
Accredited
G2 Petroleum Reviews
1Invest Clearly reviews are real experiences from verified investors. Here's
GOAL: 520 barrels/oil per day. REALITY: 60 barrels/oil per day!
I invested with Cottom Graham and his team based on a recommendation from Sarah Sullivan at SuGo Capital. This was Sarah’s new oil and gas opportunity following the poor performance of King Operating. G2 promoted a strategy focused on drilling numerous shallow wells at a lower cost, rather than investing heavily in a few expensive deep wells. The idea was to create diversification across many wells and reduce the risk of significant losses if a single deep well failed to produce oil. For this fund, G2 reportedly raised approximately $22 million from around 270 investors. I’m not sure what portion of those funds, if any, went to Sarah as a referral or finder’s fee. The original proforma for this investment projected a $75,000 W-2 tax deduction, a 2.5x return on investment over 3–5 years, and a 15% annualized return (ARR) paid monthly, based on an assumed oil price of $75 per barrel. In a 2025 investor webinar, G2 stated they expected to achieve a 35% annualized return by Q3 2025 with daily production reaching 520 barrels per day. Unfortunately, as of October 2025, the fund is averaging only about 60 barrels of oil per day—far below projections. Correspondingly, the current returns are well under the original proforma, although the G2 team maintains confidence that they can still achieve the targeted 2.5x return within 3–5 years. Personally, I have little confidence in that outcome. Despite these disappointing results, the team continues to launch new funds and raise capital for their 2026 program. I would strongly advise potential investors to proceed with caution—and if you are investing through Sarah Sullivan or the SuGo community, it’s worth asking directly what compensation she receives for referring investors to G2.