This is not an exploration deal.
Most oil investments require you to trust a projection. This one lets you examine 40 years of observed production data from the offset well, then model your own return.
The use of long-term production data to remove geological uncertainty and convert it into a repeatable development decision. The Snyder #1 has been producing since 1983. The Snyder #2 is drilled into the same reservoir, with modern tools.
What makes this opportunity different
Documented production history from the adjacent Snyder #1 well, drilled in 1983 and still producing today.
Marrow Sand formation: shallow, proven, and fully mapped across the lease.
Barrels produced by Jason Gilbert prior to Fox Energy Partners, in a separate wildcat program. Cited for operator context only.
Intangible drilling costs are typically deductible against ordinary income in the first year under IRC §263(c).
These four data points define the structure of this opportunity. The 40+ years of offset data eliminates the geological uncertainty typical of oil investment. The confirmed depth and formation mean no surprises during drilling. The prior wildcat figure is Jason Gilbert’s personal track record, not a Fox Energy project, and is presented only to establish operator context. The estimated Year-1 deduction means investors receive an immediate tax benefit alongside a long-term producing asset.
A question investors usually ask here
Expand any questionMost oil deals ask you to trust a production forecast built from assumptions. This one is built backward from a well that already exists and has produced for 42 years in the same reservoir. You are not betting on geology; that question was already answered in 1983. The model you will build on the next screens is based on how that reservoir actually behaves, not how someone expects it to.