Business, 15.04.2020 00:19 teethebeast

One of your clients is looking into investing in direct participation programs. He is examining several different types of programs. One of the programs that he is evaluating promises a relatively high tax write-off in the immediate future with low costs for land and rights associated with the land and minerals. Of the following, which BEST describes programs with these features?(A) This would be a developmental drilling program.
(B) This would be an exploratory drilling program.
(C) This would be a balanced drilling program.
(D) This would be an oil and gas income program.

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