Encore Energy, Inc. Provides Oil and Gas Drilling Investment Opportunity for 4th Quarter 2022
SEC defined accredited investors can receive nearly 100% tax deduction against all forms of income for the 2022 tax year with major tax savings and years of potential income. Oil and natural gas prices are at record levels with increased world demand and limited supply.
BOWLING GREEN, Ky., Sept. 14, 2022 /PRNewswire-PRWeb/ -- Encore Energy, Inc. is a fully integrated oil and natural gas operator that specializes in horizontal well drilling and production in Lawrence County, Kentucky. The Company is currently drilling multiple horizontal Berea oil and gas wells while developing a natural gas pipeline system in Lawrence County, Kentucky. The horizontal Berea oil and gas play is the most prolific horizontal play in Kentucky, and Lawrence County is the highest oil volume producing county in the state.
The future for the oil and natural gas industry has never been brighter!
Oil and gas investments involve a high degree of risk and are only suitable for SEC defined accredited investors who can afford the loss of their entire investment (SEC Reg D, Rule 506c). No assurances can be made as it relates to production, income, reserves, profitability, timelines, and/or other estimates.
For more information, contact Steve Stengell MBA at (270) 438-9956 and/or visit the Company's website at http://www.encore-energy.com
SEC Regulation D, Rule 506(c) – (Federal Exemption): Section 201(a) of the JOBS Act requires the SEC to eliminate the prohibition on using general solicitation under Rule 506 where all purchasers of the securities are accredited investors and the issuer takes reasonable steps to verify that the purchasers are accredited investors, as defined by the SEC. Encore shall only make investment opportunities available only to SEC defined accredited investors who are sophisticated in making investment decisions and can afford the loss of their entire investment. Encore shall take reasonable steps to verify the accredited status of each prospective investor and utilizes the principles based method for purposes of accredited verification.
Investment Risk, Disclaimer and Cautionary Statement: The information herein may contain forward-looking statements, and actual results may vary. Words such as "estimate", "will," "intend," "continue," "target," "expect," "achieve," "strategy," "future," "may," "goal," or other comparable words or phrases or the negative of those words, and other words of similar meaning indicate forward-looking statements and important factors which could affect actual results. Forward-looking statements are made based upon Management's current expectations and beliefs concerning future developments and their potential effects upon Encore Energy, Inc. Oil and gas investments involve an extremely high degree of risk, uncertainty and are only suitable for qualified Accredited (SEC Definition) investors who are sophisticated in making business decisions and can bear the financial loss of their entire investment, while delivering a turnkey profit to the Company for providing the prospect development, lease acquisition, drilling, completion, engineering, ongoing production operations and other services. The Company does not provide tax advice and investors should seek the advice of their tax professional. Any tax and/or other information herein is provided for illustration purposes only and may include estimates that are uncertain and subject to change. It is impossible to accurately forecast profitability, production, reserves, income, expenses and timelines for any project. No assurances can be made as it relates to reserves, production, income, profit, prices, timelines and/or other estimates. Actual production and results are beyond the control of management. In the event that commercial production is achieved, it may take many years for the investor to recoup his or her investment. The Company's lease acreage position under is subject to change and includes acreage under lease, Farmout agreement, verbal agreement, renewals, expired terms and any other prospective acreage in which the Company has communicated and/or negotiated with the landowner the leasing of oil and gas rights, now or in the future, and the lease / mineral owner has leased or communicated their intent to lease there mineral lease rights to the Company. The Company's well operations is located primarily in the extremely remote, mountainous and challenging terrain of East Kentucky. This extremely challenging terrain may result in indefinite project delays and escalating costs beyond the control of management. It is important for qualified investors to acknowledge the fact that the US government provides them with tax savings (100% IDC tax deduction) to mitigate or at least off-set some of the financial risk associated with domestic oil and gas investments. This is not an offer to sell or buy a security. An offer shall only be made pursuant to SEC Regulation D, Rule 506(c) by a private placement offering memorandum, and this is not a private placement offering memorandum.
Media Contact
Steve Stengell, Encore Energy, Inc., 1 270.438.9956, [email protected]
SOURCE Encore Energy, Inc.
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