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A Window of Opportunity
Supply/Demand
- Petroleum demand is doubling about every 10 years (China, India and U.S. driving demand).
- U.S. oil stock piles are at a 27 year low. (14 days of domestic consumption on hand)
- Imports are now over 60% (imports were 30% just before the oil embargo).
High Financial Rewards
- Can offer better that a 10 to 1 Return on Investment.
- Return of Capital in as little as 6 to 18 months.
- Greater than 50% Annual Rate of Return Possible.
- Potential for strong monthly income
Risk
- Recent advances in oil-finding-technology has improved recovery and reduced risks.
- The Average oil well is less risky than 10 years ago. Several projects have a probability of success better than 90%.
- Available projects would be economically attractive if oil price would fall 50%.
- Some companies report 85% success on exploration wells and 95% on developmental wells.
Tax Benefits
- Drilling is the very best tax advantaged investment (Newsweek Magazine).
- Congress gives tax breaks to individual investors that are not available to large companies.
- 100% tax deductible … 65 to 85% of investment can be written off in the first year.
- Tax deductions available against Ordinary Income or Capital Gains.
Competition
- The major oil companies have gone offshore and overseas, for easy-to-find big oil fields.
- They left behind millions of barrels of oil and billions of cubic feet of gas for well managed independent oil companies to extract.
Price Increase
- Projections for oil and gas prices are up.
- Many forecasters predict oil priced at $180/barrel by the end of the decade.
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This is neither an offer to sell or to buy a security. An offer to buy or sell a security may only be made by a Prospectus. This is not a prospectus. |
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© 2007 Millennium Exploration Company, LLC. All rights reserved. Disclaimer |
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