Unless you have been in a coma for the last year or two, you will know that the price of both oil and gas have increased dramatically.
 
And the situation is not likely to change in the foreseeable future, because China, India, and other developing nations have a seemingly unquenchable appetite for oil and other commodities in their quest to build “the good life” for their people.
The facts are stark. China has just passed Japan to become the world’s second-largest oil consumer. China exported 500,000 barrels of oil a year in 1992. Today it imports 2.5 million barrels a day and will hit 3 million a day by 2005, and could hit 5 million a day by 2010.   Put another way, the average yearly demand in China for oil was about one barrel per family in 1992. By the end of 2010, odds are that this demand will increase to about nine barrels of oil per year. More than ever, Asia competes with the west for oil.
And OPEC is running nearly full-out as it is. Yet Saudi Arabia is teetering on the brink, and both Al Quaeda and Iranian agents are trying hard to destabilize the corrupt Saudia monarchy for their own purposes.
 
So it’s not surprising that many knowledgeable experts have predicted that the price of oil could easily increase to USD $60, or even USD $100, per barrel, in the not-too-distant future. In fact, adjusted for real dollars (after factoring inflation), oil would have been priced at USD $80 per barrel after the last major oil shock of 1979-1980. And the price of oil quadrupled after the 1973 energy crisis.
 
The picture for natural gas is not much better. While natural gas was priced between $2 to $3 for years, now $5 to $6 is pretty standard, and $10 is likely when a cold winter hits.
 
Wouldn’t it be great if an investor could invest in energy stocks, and also get a huge tax break from the government ? Well, this is not a pipe dream. EnergyFields 2004 Limited Partnership was created for just this purpose. And the benefits are truly amazing.
 
Part of the reason is that the Canadian government is promoting energy exploration in Canada, and have allowed for the creation of flow-through shares.
 
Investors in EnergyFields will be entitled to unique income tax benefits, including a deduction of a minimum of 100 % of their investment amount, and up to 125 %.   
 

The publicly-listed common shares that will be purchased by EnergyFields will be in diversified energy exploration companies with well-respected management, and based on recommendations of Industry Advisors who are in the best position to evaluate promising energy resource companies. EnergyFields is assisted in its investment decisions by Messrs. Daryl H. Gilbert, P.Eng. and K.H.F. (Ken) Severs, P.Eng. (respectively, the current President & CEO, and former Senior Vice President and director, of Gilbert, Laustsen Jung Associates Ltd. (“GLJ”)); GLJ is one of the 3 leading Canadian energy reserve evaluation engineering firms, along with Sproule and McDaniel.

EnergyFields and its Industry Advisors are also further assisted in their due diligence by consulting on a project-specific basis with EnergyFields’ Due Diligence Advisors -- GLJ, Sproule Associates Limited ("Sproule"), and McDaniel & Associates Consultants Ltd. ("McDaniel"). GLJ, Sproule and MacDaniel are like the Price Waterhouse of energy consulting firms, and observe the highest standards of due diligence and competence.  They are the gold standard in the oil and gas industry.

br /> Once EnergyFields’ Industry Advisors target an energy company for investment, one of EnergyFields's Due Diligence Advisors will prepare a further report on the company.
 
For each investment in EnergyFields of $10,000, an investor would get $4,200 back in tax savings in 2004, another $1,250 in 2005, and $276 beyond. That’s akin to having the government pay for 2/3 of the investment through the tax system. But the investor need not be out of pocket, as EnergyFields has an arrangement with a large Canadian chartered bank under which the entire $10,000 per unit can be borrowed by qualified investors, @ prime + ¼ %.
 
But it gets even better. Since just about every investor has past tax losses from the stock market, these losses can be used to prevent capital gains tax from being paid when the investment in EnergyFields is sold.
 
And a self-employed investor who must pay normally quarterly tax remittances on September 15 and December 15 can avoid making these payments after investing in EnergyFields. In other words, the tax benefits can be virtually immediate !
 
EnergyFields is also unique among mining tax shelters in that the general partner will not receive a cent unless the investors first recover their entire investment. The investors have in essence a “first mortgage” on the amount of their purchase. In contrast, most other tax shelters allow the managers and promoters to get annual management fees during the life of the partnership. All investors will receive a detailed Offering Memorandum prior to investing.
 
EnergyFields pays a competitive commission to all dealers and agents who make the unique EnergyFields opportunity available to their clients.
 
For more information, contact John David at (416) 665-9112 or
1 (800) 339-9169.