THE Business for Sale Marketplace

KEYWORDS: Fully functional turnkey Oil & Gas Field Operation is available for acquisition in the big sandy region of Eastern Kentucky. With a full service operating division, lease acreage, existing production, production upside and a gathering and road network. This field has an extensive Geo-Scientific survey. All wells are monitored with satellite well monitoring systems. Estimated length of production for Devonian Shale Wells is 30 to 100 years. This field carries a 100% success rate for drilling activity in the past 5 years. Asset summary: • 2,000 acres more of less (=30 drilling locations). • 100% Working Interest – 87.5% Net Revenue in 5 producing wells and 3 reworks for a total of 8 wells. • Most wells drilled to the Coniferous Formation (approx. 2,000 feet). 4 are fully cased and have received high rate and high volume nitrogen fracture stimulations. • 800 sq. ft. office and bunkhouse, 1,525 sq. ft. shop area with – 1.86 acres lay-down yard. Full shower, gas, heat, phone, etc. • Satellite Flow Metering. • Casing, Tubing, Various Trailers and Tools Trailers, as well as all tools and other supplies. • Electronic Logs on all wells. Cameras on some. • =5 miles of gathering system. • 1 Chicago Pneumatic 650 Rotary Drilling Rig. • 1 Ingersoll Rand 950/350 Air Compressor Unit. • 1 Bucyrus Erie 60 Cable Work-over Rig. • 2 Utility Pickup Trucks. • 1 – 2 Ton Winch Truck. • 1 – 2 Ton Water Truck. • 1 Ford 9000 Road Tractor. • Caterpillar D-4 Dozer. • Geophysical Logging Unit and Down-hole Color Camera. Seller is very motivated and is willing to look at all reasonable offers. Seller may also finance a portion of the purchase price for a qualified buyer. For more information, please contact Laszlo Nemeth of The Associates Business Brokers: (213) 624 – 6500; Info@TheABB.com. Type of Sale: Asset. Asking Price: $3,500,000. Gross Revenue: $2,527,000. Net Income: $750,000. DRE Lic. NO: 01402579.

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