Why Invest in Oil and Gas Ventures? A Window of Opportunity

* HIGH FINANCIAL REWARDS
Return of Capital in 24-48 months
Better than 4 to one Return on Investment
Greater than 15% Annual Rate of Return

* RISK
Average well is less risky than 10 years ago. Several projects have a probability of success better than 80%.

* TAX BENEFITS
Drilling is the very best tax advantaged investment (Newsweek).
Congress gives tax breaks to individual investors that are not available to large companies.
100% tax deductible ... 65 to 80%

* DRILLING
Prospect availability is Good.

* COMPETITION
The big money has gone offshore and overseas, because there are too few easy-to-find big oil fields remaining.
Over 10,000 oil companies have left the arena since 1982.

* LEASE COSTS
Oil companies are not as anxious to renew expired leases (so lease costs are low).

* DEMAND/CONSUMPTION
Petroleum demand is doubling about every 10 years.
U.S. oil stock piles are at 27 year low. (14 days of domestic consumption)

* OIL PRODUCTION TREND
US output is at a 35 year low
Over two-thirds of domestic oil wells are classified as marginal (avg = 3 bbls/day).
Imports are now over 60% (imports were 30% just before the oil embargo).

* PRICE FORECASTS
Long range projections are up.

* DRILLING COSTS
Rig activity is lowest in 50 years, therefore, drilling costs are low.

* TECHNOLOGY
Recent advances in oil finding technology has improved recovery and reduced risk.
Some companies report 85% success on wildcat wells.

* ENVIRONMENT
Sierra Club endorses natural gas
Combustion by-products are carbon-dioxide and water.

* GOVERNMENT
Encourages domestic drilling with special tax breaks.
Mandating natural gas usage over oil and coal.
Natural gas is now deregulated.

* MONEY CRUNCH
Traditional sources of drilling money are no longer available (which is a bonanza for independent investors).

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For more Information Contact
HISLAND OIL & GAS
214-574-5500