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.

American Oil and Gas Reporter: Wheeler Breaks Ground on Two Waterflood Wells

In American Oil and Gas Reporter, the news of Wheeler Resource Recovery’s breaking of ground on its eleventh two-well package in its historically successful waterflood project in Madison County, Texas is discussed. Wheeler’s president, Kevin Thibeau, shares his thoughts on the importance of the project.

BENBROOK, TX. – Wheeler Resource Recovery announces it has broken ground on its eleventh two-well package in its historically successful waterflood project in Madison County, Tx.

The package is one of 27 planned for the project. The company says each package gives accredited investors from outside the industry a way to invest in oil and gas development that combines low risk with high rewards.

“The Madison County waterflood project is shaping up to become the best field development we have conducted in our 50 years as a company,” says Kevin Thibeau, Wheekler’s president. “As economic stability returns and tax season approaches with the year’s end, it is a timely opportunity for investors to revise whether ana oil and gas investment is right for them.”

To read the full December issue, click here.