Invest in Oil Now!
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WOULDN’T I DO BETTER BUYING EXXON OR SHELL COMMON STOCK?
All wealth for companies or individuals is made at the well head. Those who typically become rich are those who own oil interests in a good economic producing oil and gas field.
The smaller independent oil companies find over 65% of all new oil wells, not the major oil companies. The majors left behind thousands of smaller oil fields, which are now becoming valuable as shortages loom. There will be an 8-10 year window of opportunity to create great wealth through direct participation programs. Investing in oil and gas is really the last hedge against inflation.
WHAT ARE THE TAX ADVANTAGES?
The United States Government offers 100% tax write offs for what is called intangible drilling costs (IDC). In other words, oil investors who pay for the drilling of a well in the year of the investment will be able to write off 65-75% of the investment regardless of the outcome of the well.
Remember this: Fossil Oil is completing one oil well and is currently drilling the other.
We are drilling NOW so Invest in Oil with FOSSIL today!
Fossil-Texas/Alabama Multi-Oil Well JV
Well #1 (Texas)
Drilled, Set Production Casing, Tested
Flowing
168 BOPD (Oil) and 260MMCF (Gas) on 10/64th Choke
Well #2 (Alabama)
Drilling to Target Smackover Oil Formation!
5/18/12: Drilling Ahead to Smackover @ 13,003'
NOTICE: Investment Units Still Remaining!

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