Overview/Strategy

Gulf Sands Energy, LLC is an Oil & Gas Prospecting Company based in Corpus Christi, Texas. The goal of the company is to generate Oil & Gas Exploration Projects in proven Oil & Gas Fields in the state of Texas. By taking advantage of the low drilling cost for vertical wells etc...  MORE>

Tax Benefits

The basic tax consideration involved in investing in an oil and / or gas well with Gulf Sands Energy, L.L.C.  are as follows:

Dry Hole-All dollars invested are written off as an ordinary loss against your ordinary income in the year incurred. Approximately ten to fifteen (10% - 15%) of the amount of your investment constitutes...  MORE>

Structuring an Oil

or Gas Project

31 Steps