Diamond A Energy (fka DAECE)

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are you a US citizen?


Diamond A Energy is about to make available our Private Placement Memorandum for our first project. We are awaiting our Bond to Operate in Texas.
(like death and taxes dealing with bureaucracy.so we can pay taxes until death.LOL....

speaking of taxes...
benefits of owning a WORKING INTEREST..in an oil and gas well(s)

every year we have to pay taxes, the US tax code is written to spur domestic oil and gas exploration.
a dynamic strategy is to invest your tax dollars you would send to Uncle Sam and invest them instead in an oil and gas drilling program (small) to reap the FULL advantages of tax benefits.

if the well is drilled and hits nothing...you write off that investment 100% that year.....
HOWEVER.by investing that money in a drilling project instead of sending off to Uncle Sam....

if the well is successful.....
you write off the whole investment (75%-85%) in the first year and the rest over the next 7 years.
starting the 2nd year every 15 cents on every dollar is TAX FREE and many wells produce 10, 15, 20 even longer years!
sending the monthly check to you every...month....**
(confirm with your tax professional)

or...you can just send your money to Uncle Sam..

**this is US tax code
http://www.diamondaenergy.com/oil%26gas_tax_benefits.htm