Discover the upside
Direct working-interest ownership in U.S. oil & gas, with potential first-year tax deductions, monthly distribution potential, and a real asset behind every dollar.
Free for accredited investors
An Amazon #1 best-seller, published by Forbes Books. CEO Jay R. Young, a fourth-generation oil & gas operator whose family has been in the business for over 100 years, breaks down the tax advantages, the monthly-income potential, and King's Acquire, Develop, Divest model in plain English.
The tax advantage
Direct ownership in a well carries tax treatment that paper investments simply don't. Here's the framework. The specifics always depend on your situation.
IDCs typically make up 60–80% of a well's cost. Under IRC §263(c), working-interest investors may elect to deduct up to 100% of them in the first year. On a $200,000 investment, that can mean a substantial first-year deduction against income.
The remaining tangible equipment costs may qualify for 100% bonus depreciation, permanently restored by the One Big Beautiful Bill Act for property placed in service after January 19, 2025, so combined first-year deductibility can approach the full investment amount.
Once a well produces, the percentage depletion allowance (IRC §613) may shelter 15% of gross production income, a benefit that can continue for the productive life of the well.
*These are general descriptions, not tax advice. Tax benefits depend on your individual circumstances, your investment structure, and IRS limitations (including alternative minimum tax and at-risk rules). Tax law is current as of 2026 and subject to change. Consult your own tax and legal advisors before investing.
Real ownership
Unlike energy stocks or ETFs, a direct working interest is ownership in the production itself. For qualifying working interests, deductions may offset active income, not just investment income, under the oil & gas exception to the passive-loss rules (IRC §469(c)(3)).
Whether your interest qualifies depends on how it is structured. The Private Placement Memorandum and your advisor will confirm what applies to you.
Why King Operating
As featured in
CEO Jay R. Young is a Forbes Books author and a regular voice on national business media. Media logos refer to coverage of King Operating and/or its CEO and do not constitute an endorsement of this offering.
Request your free copy
Tell us where to send it. A King Senior Vice President will follow up to answer your questions. No obligation.
"*" indicates required fields
Simple from here
Complete the short form and we'll send Jay's book and a brief overview of the current opportunity.
A King Senior Vice President schedules a short discovery call to answer questions and confirm fit.
Secure your spot in the current fund if available, or reserve a place in a future fund.
