O’Brien Energy- Oil & Gas Exploration
Joint Venture partners in our projects receive significant tax deductions against ordinary income based on their participation in the intangible drilling process. Our partners acquire working interest in our projects and when we are successful making a new oil or natural gas discovery, the resulting revenue stream can be meaningful and can last for many years. Based on a secondary tax deduction known as Percentage Depletion Allowance, 15% of all gross revenues received by our Joint Venture partners is tax free income.
Participation in oil and gas exploration is a sound choice for highly qualified investors seeking hard asset diversification and tax relief. Although there is risk, the rewards can be significant. Contact us to get information on our current projects.