BUSINESS PLANS

Aspen purchases working interests ranging from less than 1% to 50% in gas and oil prospects that meet it’s criteria. The most efficient use of investment money and risk management comes from exposure to many good prospects. For this reason, Aspen works toward a goal of investing approximately $2,000,000 annually in drilling, completing and possibly purchasing producing properties that have additional drilling or development potential. There is a niche in the petroleum industry for small companies with low overhead that can compete in this category.

Cash flow from new discoveries is distributed to the participants on a monthly basis and progress reports are mailed as needed. Investors are asked to elect to participate in each new prospect to be drilled. The decision to participate will be one’s own, with no obligation to continue as new prospects are drilled. Annual tax statements (1099’s) and investment summaries for producing wells are provided. Operating expenses and production tax records are included on the monthly check detail. This detail will be used at tax time to enter as Schedule C deductions, along with the depletion allowance.

Aspen Energy, Inc.
161 St . Matthews Avenue, Suite 16  Louisville, KY 40207
(502) 897-1757 (Phone)     (502) 897-1758 (Fax)
info@aspenenergyinc.com