Partnering With Us
Magna Resources offers qualified persons or entities the opportunity to participate in Joint Venture Partnerships focused on the acquisition, exploration and development of oil and gas properties for the purpose of generating income and tax benefits for our Partners, which retain 100% control over their Joint Ventures.
Since our founding in 1995, Magna Resources has participated in a multitude of oil and gas exploration, acquisition and development activities, and we can speak from experience that each and every prospect carries its own degree of geologic or mechanical risk. While new technology has greatly improved the ability to evaluate and drill prospects, there is no guarantee that a well will produce commercial quantities of hydrocarbons at a projected rate, or at all; therefore, any Partner must have the financial ability to bear the risk.
When considering an investment in this industry, it is not only important to understand the deal structure being offered but also the credibility of the company offering it. Our commitment is to continue to operate with the utmost honesty, integrity and transparency as we have for the past twenty (20) years. We encourage any qualified potential Partner to seek out all necessary advice to make an informed decision. We also offer to provide potential Partners contact information for our professional advisors and technical experts so that no question goes unanswered.
Magna Resources prides itself in keeping our Partners informed every step of the way from daily drilling reports, monthly statements, lease operating expense details, conference calls and year end K-1 tax information. If you elect to become a Partner, we believe you will find us a pleasure to work with.
If you would like to learn more about investing with us, please contact us.