Oil Well Drilling Project Ownership for Accredited Investors

This listing presents an investment opportunity for accredited investors in an oil well drilling project. The project aims to provide tax-advantaged income, potential steady cash flow, and ownership of real assets without the operational burden of managing a business. Investors will acquire a working interest in a new oil and gas well, participating directly in production revenues and benefiting from significant tax deductions available to energy investors. Upon successful drilling and completion, the interest converts to ownership in a producing well, with oil and/or natural gas sold to refineries. The project involves drilling to approximately 11,000 ft in a field estimated to contain 3,000,000 barrels of oil and 3.7 BCF of natural gas. The E&P company managing the project will handle all technical and operational aspects from start to finish, offering a hands-off investment experience. Fees are project-specific and will be detailed in project materials. This is a forward-looking investment opportunity, with the project established in 2025.