|By Marketwired .||
|July 11, 2014 12:21 PM EDT||
SAN ANTONIO, TX -- (Marketwired) -- 07/11/14 -- InsideMediaPartners.com, a communications and consulting firm in San Diego, California, winner of (7) Edward R Murrow awards including the 2007 National Award for Overall Excellence, partnered in 2013 with OilBoomUSA.com to highlight the opportunities of owning an oil well in the United States.
OilBoomUSA.com, owned and operated by Nakoma Explorations of San Antonio, TX, offers partnerships for accredited investors to capitalize on a 1913 Federal law allowing for unprecedented tax deductions. What makes OilBoomUSA.com unique is that unlike investments in stocks or real estate, where losses are written off against capital gains, the OilBoomUSA deduction is against "ordinary income" such as wages, commissions, and partnership distributions.
Since 1913, the intangible drilling costs (IDC) tax deduction has allowed oil and gas companies to obtain capital for the huge risk of exploring and developing new locations of oil and gas. OilBoomUSA.com has fought to keep this deduction through several presidential budgets where it was targeted for defeat. This deduction is a critical incentive for oil and natural gas companies to continue to explore and develop new sites. For tax purposes, IDCs get special treatment. Usually, these costs must be capitalized and recovered over a period of time as opposed to being expensed in the year they are realized.
Under the 1913 exception, a partner can either expense or capitalize these costs if the gas or oil on property is located in the U.S. Expensing these drilling costs is critical for the exploration and development of new sources of oil and gas.
In addition, an energy research group is reporting that if Congress should reverse a 40-year ban on oil exports it would add more than $1 trillion to government revenues through 2030. The move would also trim fuel prices, and add an average of more than 300,000 jobs a year. The IHS report also said unlocking these exports would cause gasoline prices to fall some 8 cents a gallon because it would push crude onto oil markets and lower global fuel prices.
OilBoomUSA.com also points out that government revenues would rise above $1.3 trillion from 2016 to 2030, and jobs during that period, in both crude production and at oil field service companies, would rise an average of 340,000 a year and peak at an additional 964,000 in 2018.
Nakoma Exploration, LP, the parent company of OilBoomUSA.com, is a growth oriented, independent oil and gas company headquartered in San Antonio, TX. Finding oil and gas requires hard work, painstaking attention to detail, creativity and persistence. To that end, Nakoma depends heavily on the expertise of its industry partners whose success is the backbone of the US Oil Industry. Companies like Slawson Exploration, Unit Petroleum (UNT), Total Fina ELF, Brigham Exploration (BEXP) and Sempra Energy (SRE) work not just with us, but with you, the investor, to find and develop new sites that will not only benefit us economically, but keep America strong and safe for generations.
Inside Media is owned by Chip Franklin Media, a consulting firm specializing in content creation and branding. Inside Media, along with Strategic Global Investments, has created original images and words that appear in almost every form of media; from movies, television, radio and TV, to the speeches of US congressman and the comedy monologues of Saturday Night Live. Their writers and broadcasters have won numerous awards, including more than seven Edward R Murrow awards, 35 AP honors, and special recognition for political convention coverage. They also conduct extensive media training for Fortune 500 CEOs and other legal, medical and real estate professionals.
Chip Franklin Media
122 15th St #1136 Del Mar, CA 92014
Using new techniques of information modeling, indexing, and processing, new cloud-based systems can support cloud-based workloads previously not possible for high-throughput insurance, banking, and case-based applications. In his session at 18th Cloud Expo, John Newton, CTO, Founder and Chairman of Alfresco, described how to scale cloud-based content management repositories to store, manage, and retrieve billions of documents and related information with fast and linear scalability. He addres...
Aug. 26, 2016 01:00 PM EDT Reads: 1,955
Fact: storage performance problems have only gotten more complicated, as applications not only have become largely virtualized, but also have moved to cloud-based infrastructures. Storage performance in virtualized environments isn’t just about IOPS anymore. Instead, you need to guarantee performance for individual VMs, helping applications maintain performance as the number of VMs continues to go up in real time. In his session at Cloud Expo, Dhiraj Sehgal, Product and Marketing at Tintri, wil...
Aug. 26, 2016 12:30 PM EDT Reads: 592
Aspose.Total for .NET is the most complete package of all file format APIs for .NET as offered by Aspose. It empowers developers to create, edit, render, print and convert between a wide range of popular document formats within any .NET, C#, ASP.NET and VB.NET applications. Aspose compiles all .NET APIs on a daily basis to ensure that it contains the most up to date versions of each of Aspose .NET APIs. If a new .NET API or a new version of existing APIs is released during the subscription peri...
Aug. 26, 2016 12:00 PM EDT Reads: 1,887
Enterprises have forever faced challenges surrounding the sharing of their intellectual property. Emerging cloud adoption has made it more compelling for enterprises to digitize their content, making them available over a wide variety of devices across the Internet. In his session at 19th Cloud Expo, Santosh Ahuja, Director of Architecture at Impiger Technologies, will introduce various mechanisms provided by cloud service providers today to manage and share digital content in a secure manner....
Aug. 26, 2016 11:45 AM EDT Reads: 635
SYS-CON Events announced today that eCube Systems, a leading provider of middleware modernization, integration, and management solutions, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. eCube Systems offers a family of middleware evolution products and services that maximize return on technology investment by leveraging existing technical equity to meet evolving business needs. ...
Aug. 26, 2016 11:45 AM EDT Reads: 567
Pulzze Systems was happy to participate in such a premier event and thankful to be receiving the winning investment and global network support from G-Startup Worldwide. It is an exciting time for Pulzze to showcase the effectiveness of innovative technologies and enable them to make the world smarter and better. The reputable contest is held to identify promising startups around the globe that are assured to change the world through their innovative products and disruptive technologies. There w...
Aug. 26, 2016 11:30 AM EDT Reads: 546
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
Aug. 26, 2016 11:20 AM EDT Reads: 271
Ixia (Nasdaq: XXIA) has announced that NoviFlow Inc.has deployed IxNetwork® to validate the company’s designs and accelerate the delivery of its proven, reliable products. Based in Montréal, NoviFlow Inc. supports network carriers, hyperscale data center operators, and enterprises seeking greater network control and flexibility, network scalability, and the capacity to handle extremely large numbers of flows, while maintaining maximum network performance. To meet these requirements, NoviFlow in...
Aug. 26, 2016 11:15 AM EDT Reads: 1,857
SYS-CON Events announced today that Hitrons Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Hitrons Solutions Inc. is distributor in the North American market for unique products and services of small and medium-size businesses, including cloud services and solutions, SEO marketing platforms, and mobile applications.
Aug. 26, 2016 10:45 AM EDT Reads: 517
To leverage Continuous Delivery, enterprises must consider impacts that span functional silos, as well as applications that touch older, slower moving components. Managing the many dependencies can cause slowdowns. See how to achieve continuous delivery in the enterprise.
Aug. 26, 2016 10:30 AM EDT Reads: 1,573
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
Aug. 26, 2016 10:15 AM EDT Reads: 3,568
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
Aug. 26, 2016 09:45 AM EDT Reads: 1,818
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
Aug. 26, 2016 09:45 AM EDT Reads: 319
SYS-CON Events announced today that Isomorphic Software will exhibit at DevOps Summit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, cutting-edge enterprise web applications for desktop and mobile. SmartClient combines the productivity and performance of traditional desktop software with the simp...
Aug. 26, 2016 09:00 AM EDT Reads: 2,223
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
Aug. 26, 2016 07:00 AM EDT Reads: 3,910