Goldfield Oil and Gas Ltd., a renowned golf mining incorporation and oil drilling company has announced the acquisition of Larimer and Weld Country in the famous Wattenberg Field, Colorado. The company has also initiated a Participation Program targeted towards investors seeking a higher ROI and risk-free profits in oil and energy sector.
The Goldfield Oil Block 1-14program covers an area of 393 acres. Under this program 14 wells will be drilled using 3 drill pads. Being one of the largest oil and gas deposits in the country, Wattenberg is a promising field for investors. Mr. Gary W Bush, president of the company and a notable name in this industry, invites investors to maximize their benefits with this Participation Program.
Further explaining the participation program and the company’s mission, the spokesperson said, “We have developed a program that is in combined interest of investors, energy sector and all the entities related to it. We want to maximize opportunities while minimizing the risk. That is also why have chosen the low risk Codell, Niobara and J-Sand for this program.”
On this lease, investors can opt for a single or multiple well programs for up to 14 well programs. Revealing a few perks from this program, the spokesperson for Goldfield Oil and Gas explained that each participant will receive 100% working interest. This equates to 55% i.e. more than half net revenue interest. The record of the interest will be kept in the county courthouse. Moreover, the participants will receive the revenue directly from the oil and gas purchasers.
The spokesperson for Goldfield Oil and Gas Ltd. also pointed put some attractive tax benefits for oil and gas investors. In summary, these benefits include intangible drilling costs, lease and well capital costs, lease operating expense and oil and gas production. For more information on low risk investment opportunities offered by the Goldfield Oil and Gas Ltd, visit the website http://www.goldfieldoilandgas.com/.
Goldfield Oil and Gas Ltd. started off in 1937 as a Gold Mining Incorporation in Goldfield Nevada. From business and support services to mineral claims, geological surveying, and equipment and financing leasing, Goldfield Oil and Gas moved into the lucrative oil and gas industry. With expertise in the DJ Basin in Colorado, Goldfield Oil and Gas has a Goldfield Oil Block 1-14, LLP Drilling program that allows 14 wells to be drilled in 393 acres. Goldfield Oil and Gas Ltd. has accumulated up to 90 years of project management and capital growth experience in the oil and gas, and mining industry.