Fossil Oil Company Offers Exciting 2014 Year-End Investment Opportunities
Invest in Oil and Gas using your Self-Directed IRA
HOUSTON, Oct. 15, 2014 /PRNewswire/ -- With the year-end fast approaching, many investors are looking for the best possible oil and gas investment opportunities. Fossil Oil Company, LLC offers some of the most lucrative oil and gas investment opportunities available with significant 2014 Tax Write-Off benefits.
There are many kinds of oil and gas investment vehicles, all of which involve a degree of risk/reward. Among these are stocks, bonds, and options in oil and gas companies; commodity contracts in oil and gas activities, and limited partnerships. In all of these vehicles, the investor is dependent on the overall success of the group or company, rather than the production of the well in which he or she is investing.
"It is the most attractive investment opportunity for its partners!" said Fossil Oil's President, Dennis Kittler, "It utilizes the Joint Venture structure exclusively to fund and manage its oil and gas drilling opportunities."
The Joint Venture offers the investor a Working Interest in the well's production, much like the rights of the mineral owners where the well(s) are being drilled. The participating investor investing in oil and gas, through a Joint Venture, owns a clear and direct percentage of that production, receiving direct oil revenues, less expenses and taxes associated with each well.
The Joint Venture in an oil and gas drilling operation is taxed as a General Partnership that provides active loss write-offs of all Intangible Drilling Costs (IDC) and expenses incurred. This oil and gas investment is only dependent on the success of that well(s). Fossil Oil anticipates the write-off for the 2014 Fiscal Year to be between 65% and 75%.
Investing in oil and gas can also be accomplished using a Self-Directed IRA (penalty free rollover) which undergoes the same approval process as any other IRA investments. While investing in a Joint Venture in an oil and gas operation also involves a risk of failure, when success occurs, the resulting return on investment (ROI) can be phenomenal!
Fossil Oil Company, LLC, is an independent Oil & Gas exploration, drilling, and production company generating lower risk, high quality 3-D seismic based investment opportunities for high income individuals, institutions and self-directed IRAs. Please contact Ms. Cheryl Proctor at [email protected], call her at Toll Free (877) 822-5802, or CLICK HERE for more information.
Photo - http://photos.prnewswire.com/prnh/20141015/152359
SOURCE Fossil Oil Company, LLC
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