Targeted Oil & Gas Investment Opportunities
- Aresco is a Dallas-based energy exploration and production company actively engaged in developmental drilling, mineral leasing, and production acquisitions in conventional and unconventional oil plays throughout Texas, Oklahoma, and New Mexico.
- Specializing in production-driven projects designed to provide income stability and strong growth potential.
- The asset portfolio includes a strong balance of ownership positions in rapidly developing conventional formations and development projects in proven oilfields with decades of active drilling and production.
- Unlock new investment options using a self-directed IRA to invest in energy.
Follow These 5 Easy Steps to Get Started
Step 1
Open Your Account
Open your self-directed IRA account with Preferred Trust Company, by completing and submitting a new account application.
Step 2
Fund Your Preferred Trust Self-Directed IRA Account
Fund your IRA account with a transfer from a current IRA or a roll over from your 401(k) from a previous employer. Complete the Transfer and Conversion Form and provide a copy of your current fiduciary account statement.
Step 4
Submit Your Buy Direction Letter
After new self-directed IRA account is funded, complete and submit the Investment Authorization and Direction form identifying purchase and details.
Step 5
New Owner of Oil and Gas Investment
Preferred Trust Company, as your Custodian, executes your requested transaction on behalf of your Self-Directed IRA from Aresco. All account transactions can be viewed through our online portals. Access will be provided at the time of account establishment.
Frequently Asked Questions
Can I have more than one IRA?
Yes. An investor may have multiple IRAs, but no matter how many you have your total annual contribution limits remains the same.
Can I transfer money from an existing IRA account to fund my new self-directed IRA, without incurring any tax penalties?
Yes. If you have an existing IRA 401(k), the easiest way to set up a new self-directed IRA is by a transfer. You transfer the amount you want to invest in a new IRA with Preferred Trust, and there are no tax penalties. Your IRA custodian knows exactly how to do this and will facilitate the process. Opening an account with Preferred Trust Company allows you to specifically invest in alternative assets with your IRA.
What types of IRAs are eligible to transfer or roll over?
All IRAs (Traditional IRA, ROTH IRA, SEP IRA, Simple IRA, Solo) are eligible for direct roll over. Ask your IRA custodian for details of any limitations
Can I open a new IRA with a contribution
Yes, you can open a new IRA with a contribution, and your annual contribution limit remains the same
Is there a minimum dollar amount for an IRA purchase?
No, self-directed IRAs do not have a minimum investment level as you control what you invest in however some companies have a minimum purchase amounts to invest. Check with the investment company directly for these details.
Is there a minimum dollar amount when I wish to sell my IRA Precious Metals back?
No. You can liquidate all or part of your self-directed IRA through Preferred Trust Company anytime at current market prices.
Do I pay for the investment my self?
No, as your custodian Preferred Trust Company will execute any transaction made by your IRA on its behalf. The investment is owned by Preferred Trust Company FBO <Your Name> IRA, this means all expenses and returns (income) that occur are transacted by the IRA and not you personally.