Owner Financing is Available!
Business Overview:
For sale or joint adventure. If you do not buy the whole field then you can do a joint adventure with these highlights.
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 pays all insurance.
The company carries multi-million dollar insurance policy.
You pay never a cent more then the initial cost which is $500,000 per well turn key.
Nebraska oil field DRILLED. This is a joint adventure!
This company is fully staffed and owns all its equipment including 2 multi-million 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 Barrels Of Oil Per Day 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.