FAQs
What are the resources of Anglo-European Energy Corp?
Anglo-European Energy Corp is created with over 37 years of geological and geophysical experience in the oil and gas industry. Using at least 15 years of production history, analyzing the history of the well including operating cost and life potential, Anglo-European Energy is able to provide an economic model of the well for your investment.
What is the cost?
Anglo-European receives a 15% commission in the form of working interest of each well purchased. This commission includes all costs associated with due diligence performed on the properties before purchase. The only other cost to the shareholders is a $1,000 per year approximate total fund cost for yearly tax (CPA) accounting. The revenue is distributed quarterly in the form of dividends and the purchase price of each share is $10.00.
What ongoing information will be provided on my investment?
Anglo-European Energy will provide investors with a monthly well-by-well income/net profit summary.
What are the tax benefits of ownership managed by Anglo-European Energy?
Anglo-European Energy suggests establishing a Limited Liability Company or LLC through which you will own shares. An LLC eliminates double taxation of dividends as in a regular corporation with the benefit of Cost Depletion tax deduction going directly to the shareholder.
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