As you probably know, the demand for gas and oil is on the rise all over the world. The supply in the world is millions of barrels short, which means that the demand is continually rising. Drilling oil is one of the best ways to make money these days, and oil and gas joint ventures with Fossil Oil Company are the way to go.
There’s no doubt that gas and oil will be in high demand for at least the next fifty years, even though many alternative energy sources are being investigated. All the oil and gas reserves and new wells will be necessary just to keep up with the growing demand. So it would certainly be in your best interest to take advantage of this incredible opportunity to buy direct from Fossil Oil Company and share in the oil and gas joint ventures profits.
Fossil Oil Company, being a smaller, independent drilling company, is one of the exploration and drilling companies that finds more than 65% of all new oil wells. At the same time, reopening wells that have not been completely tapped is another way our company brings in funds for our joint venture partners.
Working directly with Fossil Oil Company on oil and gas joint ventures is a great way to gain tax advantages you never thought were possible. When you invest and pay for well drilling during the year of the investment, you can write off between 65 and 75 percent of that investment, no matter what the outcome of the well might be. Plus you can take 100 percent as a write off for intangible drilling costs, so you can see that there are incredible tax advantages when you invest in oil and gas. For more information on the joint venture projects that are available, call Fossil Oil Company at(713) 978-7986 and talk to our experts.