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Title: Layman's guide to oil and gas investments and royalty income

Book ·
OSTI ID:5763006

This thoroughly revised second edition explains the basics of what oil and gas are, where they can be found, the people who find and produce it, the deal process, detecting the ''wormy'' and fraudulent deal, and what tax advantages you might expect. Government controls, oil and reserve estimates, leasing updated to 1985. New material includes effects of the dramatic drop in drilling costs over the last three years, new deductions and write-offs, sample tax calculations, rights and royalties, conservation rules, regulations, and laws, a thorough examination of lease agreement clauses, and a special section on OTC energy stocks.

OSTI ID:
5763006
Country of Publication:
United States
Language:
English