Business For Sale Listing 152175
Oil and Gas Company Need Financial Partner
Status as of Dec-3-2008 at 06:00 PM: Active
Business Summary
Oil and gas production company looking for a financial partner. We just drilled 3 new wells and the IP is 300 BOPD. Have 25 more permits to drill. Company owns leases in Wyoming, Louisiana and Texas. Company have about 5 MBOE and some gas reserves. At this time we are producing about 1,000 BO per month. We have just drilled one well in Wyoming and the initial production is 300 BOPD. Need more funds to drill more wells. We have over 1500 locations to drill and have 10 permits to drill now.
Categories
Industry
Location
Financials
| Sales: |
Not Disclosed |
| Profits: |
Not Disclosed |
| Profit Type: |
Not Disclosed |
| Asking Price: |
Between $1 Million and $2.5 Million |
