Business Overview:
Marcellus Shale Investment Opportunity, If you are a serious and motivated investor seeking a producing gas well property in PA, this is your opportunity. This 45+ Acre Bradford County small family farm has been unitized into two producing gas well units, each paying royalties at 18%. Each well pad has been designed to accommodate 8 separate horizontal gas wells. The Wilbur Well already has 4 wells in place. The recently developed Storch Well has one well down and additional wells planned. The property is leased to Talisman Energy Corporation. Talisman is one of the most active drillers in the region. Recently completed gas pipelines are transporting the gas to a major transmission line and market. This small farm has a good setback with the house and barn being in a good private setting. Custom built log home has full basement, attached solar greenhouse, four bedrooms, one and a half baths. Woodstove and Coal burning kitchen range heat the home efficiently. The home is cozy and well maintained. Small woodframe barn has hayloft and two horse stalls, also separate detached garage. Windmill also included for added efficiency. Land has a good mix of pasture and woods, all located in Northern Bradford County, Pennsylvania. Situated at a high elevation surrounded by working farms and rural residences. Short drive to Troy, Mansfield, PA also Elmira and Corning, NY. Property transfers with all oil, gas rights, with gas lease and royalties included. By industry standards this type of horizontal gas well is projected to produce for 20+ years. Make sure you don't miss out on this exciting investment opportunity.
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.
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