Opportunities
Now that oil prices have rebounded and stabilized, we are expanding our operations. In addition, we are re-completing some of our oil and gas wells, as well as drilling new wells in oil fields that we operate or in which we are partners. We welcome the participation of qualified investors whether they are individuals or public/private entities.
Potential Tax Benefits
One of the positives in oil & gas investing is the significant tax benefits. In order for investors to take deductions for tangible and intangible costs, they must participate directly in the wells, whether it is drilling, reworks, or re-completions. Purchasing the Working Interest in Oil & Gas wells qualifies as a "direct investment". Most of your investment should be deductible in the first year. You could save thousands of dollars in taxes by investing in Oil & Gas Working Interests. We always suggest consulting with a tax advisor regarding the tax benefits for your specific situation.