1200+/- Acres — With 50 Existing Oil Wells for Sale

As a company, our focus has been on acquiring older wells that have already lived through their steep decline curves and have settled at reliable lower production levels. In the business these are known as stripper wells, and they typically produce a barrel or less of oil each day. Individually, their output may seem modest, but the combined production from a number of these wells is anything but insignificant.

With this approach, there’s no need for expensive new drilling, fracking, or massive capital injections. The reservoir has already been found; the infrastructure is in place. Yield is steady, decline is slow, and surprises are rare.

Our company, with 50 existing oil wells and all associated equipment on eight oil leases totaling 2,000+/- acres, is located on the Tennessee/Kentucky border. This region has been known for having oil from as far back as the 1800s when oil wasn't wanted, but they kept hitting it and ruining salt wells. Commercial oil production has been steady here since the 1940s, and the region is known for its consistent, long-term low level production.

As a business, the story gets compelling when you consider that our portfolio of 50 wells is spread across multiple leases and oil fields for natural diversification and is capable of giving us a combined, steady output of 28 to 30 barrels per day. Couple this with rising oil prices and the math of a well-managed stripper well company is hard to beat.

Now is the perfect time to invest in these proven oil assets as the cost of oil leases hasn't yet gone up with the rising oil price. This creates a window of opportunity to secure our asset-rich business at yesterday's prices. In fact, this company is priced at just $20,000 per well and also includes ownership of the 1200 acres of oil leases. The cost just to equip each of these wells today would be more than the $20,000 per well that we are asking, never mind the cost of lease acquisition and drilling. 

The company is completely managed by experienced hands-on oil workers that want to stay on with the new owner.  This makes it so the owner can be completely absentee if they choose, totally your choice of just how involved and active you would like to be.

Offered at $998,000 for full asset acquisition. We realize that this is a lot of money, so with this in mind we will consider investments beginning at $300,000 for proportional equity interest.

All transfers of ownership will be legally executed by our counsel to ensure a seamless, fully documented transition.

We're friendly, so if you’re interested and qualified, please don’t hesitate to reach out for our information package.