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Business For Sale

Gas and Oil

Not Disclosed, WV

Manufacturing: Non-classifiable

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$5,000,000
$2,000
Not Disclosed
$1,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
Not Disclosed
0
9135344
Owner Financing is Available!

Business Overview:

122 Gas Wells and 3 producing oil wells in Wayne County. 12,000 acres of leasehold mineral rights for a mountain top operation. Drills are from 1,800 to 5,100 feet in total depth and show production from both the Devonian and Marcellus shale formation. Current producing high BTU( Board of Trade Unit) content from 65 reworked gas wells. 22 miles of gathering system tapped into the Columbia transmission line enormous volume of potentially recoverable gas. Conservative estimates by E.I.A. to be 55 Trillion Cubic Feet(TCF) or 5% of total recoverable resource owner financing available for qualified buyer.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.