'Investing in New Oil & Gas Development Prospects & Drilling Funds Before Year's End'

Investing in new drilling prospects, or what are often called 'direct participation', or fractional working interest ownership, in new oil & gas developmental & exploratory wells; is the best way to own a part of a new well... These new oil & gas prospects are about to be drilled either as developmental, or exploratory wells...Any new oil & gas drilling prospects, or drilling funds you invest-in before the year's end, can help you establish an investment portfolio of new oil & gas wells...and over time help you build a nice diversified mix of new oil & natural gas wells...however, finding the right companies to do business is the trick, and key to success in the oil & gas industry...like most things in life, someone always knows who the best are...you just have to find-out who they are, and where they operate...

Many investors familiar with the great tax benefits associated with direct participation, working interest ownership programs will be taking the big first year 86% Intangible Drilling Cost (IDC) write-offs...and other great tax benefits which you are entitiled to...when investing in developmental, or exploratory drilling of new oil & gas prospects...you can do this by taking advantage of the very liberal tax laws still around in oil & gas investments...you are still able to lower your taxable income by substantial amounts, by taking & applying the current oil & gas IDC write-offs with your tax returns. As long as you invest by the end of the year, and drilling begins by March 31, 2006, you qualify for the big first year Intangible Drilling Cost (IDC) write-offs.

Making money in oil & gas developments is always still a function of finding the most successful people in the industry, who are developing in the most lucrative areas to make money...and investing only with companies who are following the regulations, is also important, and this helps you weed-out the less than professional in our business...

If you would like to know more about the business, and what works best in our opinion, just email us or give us a call... americanenergy@gmail.com 408 975 0800 or cell: 805 701 7761