Modern Drilling Technology Payson Petroleum Utilizes
It is no secret that the basis of Payson Petroleum’s business plan is our investors. In fact, CEO Matt Griffin is so passionate about them that he often makes personal visits to their homes in order to educate and answer any questions they might have. One common question he is often asked is: what type ...
What Does A Landman Do ?
Written By: Jordan Red Many people have asked me what it is a Landman actually does. Other vocations are more self-explanatory. Usually someone guesses it is a job having to do with land, but that is about the extent of their knowledge. More specifically a landman is a professional who specializes in the acquisition of ...
Exploratory vs. Developmental Wells – How to Differentiate
When exploring your options in oil investing, two of the most important terms to understand are; exploratory wells and developmental wells. These two terms refer to the type of well being invested in and how it is expected to perform. Let’s further explore. Developmental Wells Developmental wells are a type of well that is drilled ...
How the Supply and Demand of U.S. Resources Affect the Oil Industry
One of the biggest misconceptions for those looking to invest in the oil industry is that higher gas prices are absolutely linked to domestic oil production. While there is some merit to the more oil the United States drills the better off our gas prices will be, it is not the “end all” for what ...
Payson Petroleum’s Vision for the Independent Investor
In 2008, CEO. Matt Griffin had a vision for a better oil company. After experiencing the industry as an employee for other firms, he wanted to create a company that was committed to the relationship between company and the independent investor. He also wanted to give investors access to quality projects otherwise limited within the ...
Oil Investing with Payson Petroleum
For Immediate Release Oil Investing With Payson Petroleum Payson Petroleum, Inc. has recently acquired a position in an additional 3 wells that are currently producing oil and gas. This takes Payson’s total wells in production to 52. These wells are all located in Texas and Kansas. “Here at Payson, we are grateful that 2013 is ...
Payson Petroleum Announces Plans to Drill for More Oil and Gas in Grayson County
Payson Petroleum Announces Plans to Drill for More Oil and Gas in Grayson County Dallas Area -based Company Hopes to Provide Domestic Energy Independence and Low-Risk, High-Reward Platform for Oil Investing BARTONVILLE, Tex. – (February 8, 2013) Payson Petroleum announced plans today to drill seven 12,000-foot oil wells in the lucrative fields of Grayson County, ...
Free Webinar: YEAR END TAX BENEFITS OF INVESTING IN OIL AND GAS (DRILLING)
Did you know that up to 100% of an oil investment is tax deductible? Payson Petroleum has had several of its oil and gas investment partners enjoy the incredible tax benefits of investing in an oil drilling program. We want to walk you through an investment example of how our investors currently participate in tax savings ...
Tax Benefits of oil Well Investing
To promote oil and gas drilling in the United States, Congress has provided many tax incentives for investors. When you partner with Payson Petroleum, you can benefit from significant tax deductions. Intangible Drilling Costs 70 to 85 percent of the cost of setting up a well is intangible drilling costs (IDCs), which are expenditures related ...
Evaluating Oil and Gas Investments
In recent years, the U.S. economy has had its share of up’s and down’s. Many undiversified investors were left reeling when their speculations began to falter. Now, some individuals are looking at diversifying their portfolios through nontraditional investments. One alternative to many traditional investments can be found in the oil and gas industry, specifically through ...
