Fueling Your Financial Future

Описание: In this video we introduce Paul Mauceli, one of the owners of REI Energy. Eric and Cheryl Burgmaier interview Paul in this short webinar, the first of a series of interviews on the tax benefits of investing in oil and gas. We get to learn the history behind REI Energy and the difference between horizontal and vertical drilling.

Visit our website: www.hindleyburgmaiergroup.com

You can learn more about REI Energy by visiting their website: https://reefsi.com/

REI Energy, LLC ("REI") is a privately owned oil and gas exploration and production company headquartered in Richardson (North Dallas), Texas. Since 1987, REI and its affiliates have sponsored more than 100 oil and gas partnerships that have collectively acquired interests in over 2,000 producing oil and gas wells and have participated in the drilling and completion of more than 700 wells. Currently, REI and its affiliates own interests in over 1,000 oil and natural gas wells located in the continental United States. REI’s core areas of activity include Bakken and Three Forks areas in North Dakota, the Eagle Ford Shale in South Texas, the Permian Basin in West Texas and Southeast New Mexico, and the Mid-Continent Region in Texas and Oklahoma.

Oil and gas investments have significant tax advantages. Several major tax benefits are available for oil and gas investors that are not available elsewhere. As an investor partner in an REI sponsored partnership, you may be entitled to the following tax benefits:

write-offs for Intangible Drilling Costs ("IDC")
depreciation of tangible drilling costs
depletion deductions