Business Overview:
Kentucky Oil Wells For Sale For $125,000! 365 acre lease in Greene County 20 well sites established. Very rich mineral area and production dating back to 1950. Owner states: These wells are 2,000 feet deep zones and can produce 20 to 200 bpd ..Wells will be drilled in 7 to 10 days
If weather permits,.investor receives 70% orri no other expenses ever. Checks go directly to the investor from the oil company Tthese are new sites and should be very profitable for many years to come
total cost is 125,000 turn key .
The company pay the electric
The company pay legal fees for title in your name
The company pay permit fees
The company pay all repairs for the life of the well
The company pay all insurance
The company carry 2 million dollars worth of insurance
You pay never a cent more then the initial cost which is $125,000 per well turn key
Call for more details.
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.
Property Features and Assets:
365 acre lease in Greene County, Kentucky. 20 well sites established. Very rich mineral area and production dating back to 1950.
Additional Details:
- The property is leased.
- 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.