Business For Sale Listing 157247
550 Acre Lease w/ 8 Wells for Sale
Status as of Jan-7-2009 at 05:59 PM: Active
Business Summary
With the recent drop in the price of oil we're able to offer this exceptional 550 acre lease at a very reasonable price.
It currently has eight fully equipped wells which produce approximately 30 barrels of oil per day. These wells produce this amount naturally and have not been treated to increase production. Also, it is important to note that the wells produce no water and there is potential for more drilling on the property at the discretion of the new owner.
The lease comes with three -- 100 barrel tanks for storage.
We have a crew in the area that will pump and maintain the wells making this a turnkey situation.
Every barrel we produce in this country is a barrel we don't have to import and we all know that it is only a matter of time before the price of oil takes off again. Why not be prepared this time and make a profit when it happens. This is a low risk situation as the holes are already drilled and we know there is good oil on the property, it's just a matter of pumping it out.
This sale is for 100% working interest, 75% net interest with partial financing available to the right buyer.
I have a video clip of one of the wells flowing. Just open up the spigot and out comes the oil no pump required.
For more detailed information and a copy of the video clip please contact us.
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Industry
Location
Financials
| Sales: |
Not Disclosed |
| Profits: |
Not Disclosed |
| Profit Type: |
Not Disclosed |
| Asking Price: |
Between $500 Thousand and $1 Million ($600,000) |
