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Business For Sale

Nebraska Joint Adventure Oil and Gas Field

Not Disclosed, NE

Manufacturing: Chemicals

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$25,000,000
Not Disclosed
Not Disclosed
$25,000,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
Not Disclosed
0
47228292

Business Overview:

Nebraska oil field DRILLED. This is a joint adventure! This company is fully staffed and owns all its equipment including 2 multimillion dollar drilling rig, fully engineering reports and geology, aerial electromagnetic survey equipment . This is A Top Notch Company.Uses the most high tech aerial electromagnetic survey equipment on the market. This technology is the same stuff that the large oil company’s use to locate oil in the Gulf of Mexico. This imagine oil locating technology is much more precise then older 3d seismic and that is what 99% of other private oil companies use today. Dry hole rates are 0 and will even put in writing that they will drill another hole if they do hit a dry hole… but this just doesn’t happen. Each well has 1/2-1 Million barrels of recoverable reserves! Well will take 2 weeks to drill and to complete. Each well is 500,000 and if for some reason your well does not hit 150 BOPD the company will get you another well until you are satisfied. This company has 50 wells planed and has already drilled on a few so all numbers can be backed up. Company is one of the largest and most experience oil companies out there. Proven track record and experienced operators. full list of references on demand to qualified individuals!

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.
 

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