Do you currently own oil wells that are producing? Is your company based in the USA? If you answered yes to the two questions then we can help you fund additional oil wells. We currently have 2 funding methods for oil wells in the USA.
1) We have a traditional venture capital funding approach using third party financing sources (over 20 investment groups). These sources offer equity, debt, and loans depending on the specific situation of your oil well needs. We will need a 3rd party: 3D seismic report to verify the oil is present, executive summary, and biography on any owner that has a 15% equity stake in the project to get the ball rolling. There are no up-front fees, due diligence fees, and/or capital costs to our venture capital programs. If we successfully fund your oil well drilling program we are compensated at the closing (when all the monies are distributed).
2) Our tax credit funding is unlike traditional venture capital funding. We created a new oil well funding model that uses tax credits to fund oil projects. How does our oil well financing program work?
For this example we will assume 5 million in federal tax liability. We can get your business $750,000 for the current tax year and another $750,000 in the last tax period. With this $1.5 million you can do more drilling.
What do we charge for this oil well funding?
We charge a flat 10% equity stake in the new oil wells that are drilled. Please note: this program will not work for non-cash flowing businesses.
Interested in learning more about our oil well funding options? For more information, please fill out the form below.