Business Overview:
Well electric is paid by operator
legal fees for title in your name included in price
All permits & fees are already paid for by existing company
all repairs for the life of the well are paid by the operator
The company pay all insurance
The company carries multimillion dollar insurance policy
You pay never a cent more then the initial cost which is $125,000 per well turn key.
This is a proven oil production area. 70-100 barrels a day per well. Cheap drilling and high production. All information can be backed up and this is no joke. Industry players only. This is a Joint Adventure.
Operator has over 30 years of experience. Operator wants to continue to drill more and acquire more land. Current Owners will make there money on a fixed operators agreement.
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 willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.