Cannon Operating’s recent success has encouraged CEO William Baker to share the economic projection of Caddo Lake. Based on a 5% working interest of $240,000. At 240 Barrels of Oil Per Day @ 90.00/barrel x 365 days - .09% severance tax x 75% NRI - $72,000 operating expenses x 5% Working Interest = $265,000.50 /year based on the purchase of one unit for a return of 110%. Not including tax incentives.
To mark this enormous opportunity Cannon Operating shares the testimonials of long-term investors:
“We could not be happier with the results we have seen on our investments with Cannon Operating. We are now on project # 4 and are looking forward to many more in the future.” Jayme and Jen, Iowa.
“ William Baker is a detail oriented professional. Cannon has been the venture manager on a joint venture project, William has provided excellent reporting and sound financial management. We are looking forward to more successful well completions under William’s management.”
About Cannon Operating Company, LLC: Cannon Operating is based in Dallas, TX. Cannon offers industry level opportunities to the individual investor. Our job is to increase your wealth, educate you on how to evaluate a project and guide you thru the various tax incentives that comes with investing in U.S. Oil Exploration. Cannon Operating is a Better Business Bureau Accredited company with an A rating.
Learn more by visiting http://www.cannonoperating.info
Cannon Operating Company, LLC