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.

Wheeler Resource Recovery Receives 2023 Best of Benbrook Award for Oil & Natural Gas Company Category

Wheeler has received The Best of Benbrook Award for its ability to generate competitive advantages and long-term value for its investors.

BENBROOK, Texas (May 16, 2023) – Wheeler Resource Recovery, a leader in secondary oil recovery in proven oil fields with over 50 years of experience, has been selected for the Best of Benbrook Awards in the category of Oil & Natural Gas Company for the 8th consecutive year. The Benbrook Award Program recognizes and honors companies in the Benbrook area that have shown the ability to use their best practices and implemented programs to generate competitive advantages and long-term value. This year’s distinction has qualified Wheeler Resource Recovery for the 2023 Benbrook Business Hall of Fame.

“As a small business who has spent over 50 years in Benbrook, it is an honor to be recognized for the 8th year as a top oil and gas company in our community,” said Kevin Thibeau, President of Wheeler Resource Recovery. “Thank you Benbrook Awards Program for this acknowledgment as we continue to grow and generate added value for our investors, and the Benbrook community at large.”

To read more about The Benbrook Award Program press release, click here.