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Salsk061 [2.6K]
3 years ago
13

One of your clients is looking into investing in direct participation programs. He is examining several different types of progr

ams. 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. What BEST describes program with these features?
Computers and Technology
1 answer:
Alisiya [41]3 years ago
8 0

Answer:

<em>Exploratory drilling program </em>

Explanation:

To assess the physical properties and limits of a reservoir exploratory drilling is the initial phase of drilling.

Exploratory drilling projects <em>have significant write-offs offset by low mineral and land-related costs. Mineral and land rights are less expensive because they mine in unproven deposits.</em>

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