Encore’s management team is an experienced operator of conventional and nonconventional oil and gas projects in Texas, Oklahoma and the Eastern US.
Encore’s immediate focus is "New Field" discoveries for oil and nonconventional gas/liquids projects in Kentucky. The US government provides qualified industry investors with the ability to deduct 100% of their investment in oil and gas against ordinary income. The Company currently has approximately 15,000 shallow oil and New Albany Shale gas lease acres under lease agreement in western Kentucky. The company is targeting the future potential acquisition of 50,000 lease acres.
Oil and gas exploration and development involves a high degree of risk. Encore attempts to mitigate this risk through the diversification provided by its multiple well drilling programs. Encore serves as the bonded well operator and lease owner for each project providing each partnership with direct control of operations. The Company's partnerships provide qualified participants with monthly income, real-time reporting, transparency, asset protection, maximum tax benefits and relatively low-cost drilling operations, as compared to similar oil and gas projects across the domestic US.
The 2015 Spring Bakken Oil Report recently released a feature article regarding Encore’s plans for the future.
The American Oil and Gas Reporter magazine previously released an article regarding Encore Energy, Inc. Article here
Encore is a proud member of the IPAA Independent Producers Association of America, Kentucky Oil and Gas Association, Bowling Green Chamber of Commerce, Society of Petroleum Engineers and American Association of Petroleum Landmen.
Assumptions, Disclaimer and Cautionary Statement: The information herein may contain forward-looking statements, and actual results may vary. Oil and gas investments involve a high degree of risk, uncertainty and are only suitable for qualified Accredited (SEC Definition) investors who are sophisticated in making business decisions and can bear the financial loss of their entire investment. The Company does not provide tax advice and investors should seek the advice of their tax professional. Any tax information herein is provided for illustration purposes only, may include estimates and is subject to change. It is impossible to accurately forecast profitability, production, reserves, income, expenses and timelines for any project. No assurances can be made and the estimates herein are subject to change, and may represent best case. Actual production is beyond the control of management. The Company's lease acreage position under agreement includes acreage under lease, Farmout agreement, verbal agreement, renewals and any other prospective acreage in which the Company has communicated and/or negotiated with the landowner the leasing of oil and gas rights, now or in the future, and the lease / mineral owner has leased or communicated their intent to lease there mineral lease rights to the Company. It is important for qualified investors to acknowledge the fact that the US government provides them with tax savings (100% IDC tax deduction) to mitigate or at least off-set some of the financial risk associated with domestic oil and gas investments. This is not an offer to sell or buy a security. An offer shall only be made by a private placement offering memorandum, and this is not a private placement offering memorandum.
© 2015 - Encore Energy - All rights reserved
July 15, 2015
Encore Energy, Inc. Provides 3rd Quarter
Operations Update for its 30-well Oil
Program in Kentucky
Encore Energy, Inc. is the most active operator in south central Kentucky and on track to become the largest lease owner and producer in the region.
July 23, 2015
OPEC is Winning the War Against US Shale - Oil Prices Positioned for Solid Recovery
Global oil production is declining and long-term supply may not meet demand in the not so distant future.
September 15, 2015
Encore Energy Announces Lease Acquisition
Program for Western Kentucky
Encore Energy announced today that the
Company is aggressively acquiring new oil and gas leases and other oil and gas assets in Western Kentucky.
October 26, 2015
Encore Energy Provides Investment Opportunity in New Oil Discovery - 100% IDC Tax Deduction
Encore has made what the company believes to be significant oil discoveries, including a potential new oil field discovery, in south central Kentucky.