WHY WHEELER RESOURCE RECOVERY?

We are an 86-year-old company with a proven track record of expertise and success. Our founder has put over 29,000,000 barrels of oil in the tank.

WHAT IS SECONDARY OIL RECOVERY?

The bulk of the oil in a field is extracted in the second phase of development at a lower cost and at a much lower risk than primary recovery. We recover up to 50% of the original oil, while sustaining and increasing production by injecting water.

HOW DO YOU EVALUATE AN OIL & GAS PROJECT?

When evaluating an oil & gas project, you’ll want to look at the company’s track record, figure out whether the company has an actual stake in the project, and calculate your return on investment (ROI). Luckily, Wheeler has a proven track record of success with secondary oil recovery and we invest our own money into every project, only making money when our investors do too. Through secondary oil recovery, our projects are also cost efficient, come with unique tax benefits, and have a much lower breakeven price than primary oil recovery.

WHO IS ELIGIBLE TO INVEST?

We have established a field development project where a non-industry investor can participate in the same capacity as an industry insider. As such, we are looking for accredited investors, regardless of industry knowledge, who want to be a part of a low-risk, high-reward investment. We seek out investors that want to partner with us to successfully execute a development project, all while not exposing the investor to the full cost of the cost of the project.

HOW DO I MAKE MONEY INVESTING?

Where other companies in the space make money by raising money, we make money by successfully completing projects. We have a vested interest with our investors, meaning we only make money when you make money.

WHAT ARE MY TAX BENEFITS FOR INVESTING?

Oil investing tax breaks are significant. The Federal Tax Code Section 263 and Section 179 allows our investors to deduct 90% of total invested funds, the year deployed, against all other taxable income, active, passive or portfolio. It is important to note that these are not deductions of a loss subject to the $3,000.00 annual limit, but are treated by the Tax Code as the deduction of an expense and can be taken in full the year incurred regardless of any other loss/gain deduction for the year. Additionally, the Tax Code allows all oil revenue from your oil well to be 15% tax free under the Federal Depletion Allowance. For any questions, contact us here.

A SUCCESSFUL 2023 FOR WHEELER RESOURCE RECOVERY AND OUR INVESTORS

As we approach the end of an incredibly successful, award-winning year, I am thrilled to reflect on the milestones and triumphs that have defined our journey in 2023. With decades of financial experience in the oil and gas industry, we at Wheeler Resource Recovery have a long track record of success extracting oil from fields through secondary oil recovery. This year was no different, and our team continues to innovate and expand to generate even greater opportunities for our investors. Let’s take a closer look at some of our highlights from the year.

2023 milestones

In 2023, several key business developments set the stage for our success. The addition of four successful drilling packages, including single well opportunities in tight and challenging locations, marked a noteworthy achievement. Our strategic collaboration with a highly responsive drilling company further enhanced our operational efficiency. Moreover, our long-term investments in the oil field, particularly through injections of the formation, ensured greater production volumes across both early wells and our most recent endeavors.

Amidst industry developments, the high gas prices in 2023 presented a substantial return on investment for our valued investors. Unlike many companies constrained by governmental regulations, we, as a private entity on private land, leveraged these favorable conditions to maximize opportunities for growth and success. To put that into perspective, projections from our Madison County, Texas field development project forecast a staggering $610M in revenue from our oil sales.

Our team’s resilience and dedication were evident in overcoming adversity throughout the year. Despite a challenging political climate, our superiority over traditional investment vehicles such as commercial real estate, stocks, bonds, cryptocurrencies, and precious metals was substantial. The team’s ability to adapt to extreme weather conditions, including scorching summer temperatures and an extended rainy season, showcased our commitment to delivering results for our investors.

Clear skies ahead

Looking ahead to 2024, the outlook for the oil and gas industry is incredibly optimistic. The resurgence of demand for gasoline, driven by the realities of winter and escalating energy prices due to geopolitical factors, positions oil as a favorable haven for investment capital. The convergence of these circumstances creates a perfect storm, affirming our confidence in the prosperous path that lies ahead.

As we close out the year, we encourage accredited investors to consider the significant tax benefits associated with oil and gas investments. The time to capitalize on the promising opportunities of 2024 is now, as finalizing investments before December 31st – which marks the end of the 2023 tax year – offers strategic advantages. Read more about the tax benefits here, and reach out if you’re interested in learning more.

In closing, we extend our warm wishes for a prosperous year to our valued clients and wish a peaceful and Merry Christmas to all. Thank you for being part of our journey at Wheeler Resource Recovery, where success knows no bounds.