Great Oil Reserves With 3D Seismic Data
(ID: 1043563)
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$145,000
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Not Disclosed
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Not Disclosed
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$6,000,000
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n/a
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n/a
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Business Description
Great Oil Reserves With 3D Seismic Data For Sale For $145,000! Owner states that this is an Oil Lease developed with 3D Seismic Data--Large Reserves! Owner benefit approximately 70% W.F. 30 years of drilling experience. These are complete turnkey wells with Logs and Acid treatment modecules. The business was established in 1985 and has 8 employees. Owner states that this could be the largest Western Kentucky producer in the area--the leases are very valuable! The $6,000,000 worth of inventory is not included in the asking price.Value of other assets include 32,000,000 proven undeveloped Reserves(barrels). There is a great upside potential in Reserves.Wells have produced a 100 barrels per day (BPD) in the area! Contact for more in depth information.
About the Business
Facilities:
Located in Edmonton County in Western Kentucky.
Market Outlook/Competition:
Very little competition in the area.
About the Sale
Reason For Selling:
Owners and company are experienced drillers and developers.
Training/Support:
Owner states that the drilling will be done for you by these current owner profession
LISTING KEYWORDS: oil business for sale, oil reserves, petroleum, Manufacturing, Kentucky oil business for sale, Kentucky oil reserves for sale, Google oil business for sale, Edmonson County oil business for sale, Edmonson County oil reserves for sale
