Exploring Oil and Gas Investments with Cole Oliver: Passive Income AdventuresIn this episode of Passive Income Adventures, Emma Powell sits down with Cole Oliver from King Operating to dive into the intriguing world of oil and gas investments. As an oil and gas investment company, King Operating offers insight into various tax benefits, risk profiles, and the different types of projects investors can consider. From discussing the potential of high returns and significant tax deductions to risk management and due diligence, this episode provides a comprehensive guide for anyone looking to diversify their investment portfolio. Whether you're a W2 employee, a real estate professional, or simply curious about oil and gas, this conversation is packed with valuable information to help you make informed investment decisions.Bio: Cole Oliver currently serves as a Senior Vice President at King Operating, where he has raised over $35,000,000. His role is primarily centered around creating capital partnerships and fostering long-term relationships with individual investors. Prior to King, Cole spent several years working on his own startup before eventually working for a couple of high-growth SaaS companies in their sales organizations. Cole grew up in a second generation oil and gas family, with both his dad and grandfather spending their entire career in engineering and senior leadership roles. Cole and his wife are currently based in Frisco, TX.Connect with Cole Oliver:Email: [email protected]://kingoperating.comConnect with Emma:https://InvestWithEmma.comhttps://Highrise.group00:00 Introduction to Passive Income Adventures00:06 Exploring Oil and Gas Investments00:45 Tax Breaks for W2 Workers01:40 Introducing Cole Oliver and King Operating02:55 Cole Oliver's Background and Career05:33 Understanding Oil and Gas Investments12:17 Technological Advancements in Oil and Gas15:14 King Operating's Investment Strategy21:41 Tax Benefits of Oil and Gas Investments23:33 Tax Incentives and Technological Advances24:44 Reagan Era Tax Incentives25:13 Understanding IDC Deductions26:17 General Partner vs Limited Partner30:39 Risk Management and Due Diligence31:45 Evaluating Oil and Gas Investments35:11 Investment Risk and Diversification40:29 Final Thoughts and Contact Information