WHY SHOULD I INVEST?
Producing Oil and Gas wells can provide long-term monthly income and a substantial return on investment. Your return on initial investment could be as fast as 6-12 months.
WHAT ARE THE TAX BENEFITS?
Typically investors will be able to write-off the intangible drilling costs the first year which equates to about 70-80% of the initial investment. The remaining balance will be depreciated over the next seven years. Divine Exploration is considered a small producer which allows a small portion of the production to be tax free. Click here to read more about oil & gas tax benefits
HOW DO I CHOOSE A GOOD PROJECT?
Choosing the right project can be a challenge for both the professional and individual investor, and only a geologist, geophysicist, or individuals with in-depth knowledge and experience in the oil and gas industry can evaluate a prospect properly. That is why Divine Exploration’s method of operation utilizes outside independent geologists to evaluate their projects in addition to their own geological team.
AM I QUALIFIED?
Divine Exploration is seeking only sophisticated investors who understand and assume the risks involved in Oil and Gas investments.
WHAT ARE THE RISKS?
The risks are unlimited and can result in total loss of investment. No one should invest unless they are prepared for this potential outcome, however, some of the loss can be offset by tax deductions depending on each individuals tax situation. Divine Exploration does not offer tax advice and you should contact your tax professional for additional information.
HOW DO I INVEST?
The process is very simple. Divine Exploration will provide you with all the information and materials necessary to complete your transaction along with a prepaid, self-addressed envelope to return all of your documents.
CAN I USE MY IRA/401K TO INVEST?
Yes! Divine Exploration’s program is an alternative investment in which your IRA/401K can invest. Many of our clients utilize the services of a third-party custodian like Provident Trust Group to invest funds held within their self-directed retirement accounts. This option is typically not available by many other companies offering similar investments.
HOW QUICKLY CAN I EXPECT TO SEE RETURNS ON MY INVESTMENT?
After the well is completed and production begins, you can expect to see checks in 60-90 days. Return of initial investment can occur in as little as 6-12 months.
WHAT HAPPENS IN THE EVENT OF A DRYHOLE?
Unfortunately not every project is a successful venture and dry holes do occur. However, the entire investment can be written off against federal and state income taxes.