Invest in Oil & Natural Gas
Continued Increase in Demand
The U.S. Energy Information Administration (EIA) projects that global energy consumption will grow by 53 percent by the year 2035. Developing countries such as China and India are expected to have the most dramatic increase in growth and demand – as much as 85%.
POTENTIAL TAX ADVANTAGES FOR INVESTORS
Congress has sought to increase domestic oil production by making it more enticing to investors. Current tax incentives make it possible to write off a significant amount of the intangible and intangible drilling costs during the initial year of investment. Lease operating expenses and depletion allowances can protect some of your investment income from taxation as well. Additionally, certain types of real estate investment properties may be traded in for oil investments. This exchange can defer the capital gains taxes on the real estate holdings.
Hendersonville, TN- Hornet Corporation announced here, despite an industry wide slow-down in activity, it is continuing with an aggressive leasing and drilling program in Tennessee. “We are soon to be drilling on the Stover Lease, near the Stover #1 which had an IP of 40 barrels of oil a day (BOD). This Fentress County lease[…]
Hornet Corporation Natural Gas Investment supports personal finance management. If you are an accredited investor give us a call to learn more about Natural Gas investment and tax advantages Money is something that you will always have to deal with in life. That is why it is necessary that you do want you can to[…]
Hornet Corporation Oil and Natural Gas Energy Saving Tips Going green has more benefits to the home than simply protecting the environment. You will be able to make your home energy efficient while also reducing your electric bill. Continue on for some helpful green energy tips at home. If you’re designing any kind of outdoor[…]
Here at Hornet Corporation, we are an oil and gas recovery company and believe all energy sources make up a comprehensive and sustainable future. There are quite a few ways to use energy that’s green in your house, and you’ll be surprised at how easy and cost effective they are to use. This article is your[…]
Too Good to Be True? Oil and Gas Investment Tax Credit – Unique Tax Aspects of the Oil and Gas Industry
Last Updated: September 24, 2014 Oil and Gas Investment Tax Credit ? Would you be excited as an investor if you had the chance to invest a sum of money late in the tax year and yet deduct almost your entire investment as a business expense in the year you invested? Not only that, but[…]
Hornet Corporation has been featured in an Article on Yahoo Finance. The Tennessee Division of Environment and Conservation today named Hornet Corporation’s Donny Ray #1, the state’s largest producing oil well for 2014. The Overton County Donny Ray #1, was drilled to a total depth of 2170′ , located at 36 27′ 49″ latitude, 85[…]
Hornet Corporation Glossary of Oil and Gas Terms Abandon (1) The proper plugging and abandoning of a well in compliance with all applicable regulations, and the cleaning up of the wellsite to the satisfaction of any governmental body having jurisdiction with respect thereto and to the reasonable satisfaction of the operator.(2) To cease efforts to[…]
January 25, 2011 $150 Oil: Four Ways to Profit as Crude PricesRocket [Editor’s Note: Frequent Money Morning contributor Dr. Kent Moors is an advisor to six of the world’s Top10 oil companies and a consultant to some of the world’s largest oil-producing nations. In his oil-sectoroutlook – part of the “2011 Investor’s Forecast” contained in[…]
Alan Murrell Hornet Corporation President & Owner Alan Murrell is the President and owner of Hornet Corporation. He is a graduate of the University of Kentucky. Murrell was recently honored with the prestigious 2014 oil “Boom Maker” award. Hornet recently discovered one of the largest wells in the Appalachian Basin. Hornet’s success has received national[…]
Hornet Corporation shares TOGA Tennessee Resource Availability Natural gas and oil drilling in Tennessee is currently taking place in eleven counties, located on the Eastern Highland Rim or the Cumberland Plateau. In order of the most explored counties during 2014, they are: Overton Fentress Pickett Morgan Clay Jackson Cheatham Loudon Scott Although only about 15[…]